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SAP MM( Material Management ) Course – The only Analytics Course you need

⏰24 hours | ▶️ 24 Videos | 📣 49 Participants | 🔥11 Reviews

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Jan 27(1 HR A DAY)
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Course Description

Its primary goal is to meet organizations’ buying demands efficiently and cost-effectively, using methods such as procurement, pricing, inventory control, material and warehouse management, vendor evaluation, selection, product receiving, inventory assignment as well as quality management, sales order processing, valuation accounting, material value accounting.

At its heart, this system helps organizations monitor and plan procurement activities, from vendor purchases through purchase, quality check, warehousing, and distribution pricing trends tracked as part of reports or analyses on vendor performance or delivery times; everything can be traced through to the completion of this powerful solution.

An extremely flexible system automates procurement routines, manages inventory levels, schedules production runs, and analyzes stock levels, customizing options and promoting cost-effective and efficient supplier selection. Credit cards, direct debit payments, and electronic invoicing payments may all be accepted on this platform.

Cost, pricing, and reordering features are included in the system for accurate sales performance tracking, including order data collection, invoicing services, and customer details.

SAP MM technology includes standard SAP modules and additional apps that facilitate team collaboration and create insightful analytical reports, giving a high-level picture of activities while streamlining procurement, improving analytics capabilities, and offering drill-down functions for optimal decision-making capabilities.

Most organizations rely on SAP MM for functionality and interoperability; its advanced functionality and interoperability facilitate seamless transactions worldwide while remaining cost-effective and high-quality, making global buying simple for suppliers and customers.

This module maximizes stock management, material pricing, goods receipting, issuing, procurement, invoicing, inventory, budgeting, and pricing services provided through this system.

This module’s main objective is to maximize resource usage for maximum organizational profitability while at the same time minimizing overhead expenses, increasing operational visibility, and speeding up material delivery to improve customer service levels.

SAP MM classes streamline firm procurement from vendor evaluation and selection to quotation, price negotiation, goods receipt, invoicing, and payment.

Manage vendor master data, stock levels, material movements, availability records, vendor records, and vendor performance monitoring to reduce stock levels by tracking vendor performance while adhering to payment terms, tracking, enforcing payment terms, monitoring vendor performance, availability records, and availability.

This system gives users access to their company’s procurement and inventory management operations, and it analyzes material costs, stock trends, delivery challenges, activities, inventory level movements, and price fluctuations.

Allows users to adapt procurement-to-pay and inventory procedures according to changing business needs, multi-industry-specific configuration options, built-in SAP MM training materials, and reference documents facilitating system deployment and ongoing management.

SAP Materials Management helps companies efficiently coordinate supplies, inventories, and purchasing for a company’s logistics network. SAP MM online training allows them to offer products on time quantity at the optimal cost; and simplifies materials data capture storage retrieval.

In addition, this program shows supply chain inventory purchase orders and coordinates material supply for storage transportation procurement manufacturing processes.

SAP MM’s advanced reporting features enable customers to efficiently analyse inventory and purchase data to make fast decisions that minimize disruption of materials supply, ensure delivery of needed resources on schedule, and reduce materials supply disruption.

It offers variable and fixed prices, payment terms, discounts, and delivery conditions, helping companies maximize earnings vendor pricing strategies; SAP MM seamlessly integrates financial systems for maximum vendor and invoicing compliance and complete enterprise control over payments and invoicing processes.

This SAP MM course introduces all MM functions, purchasing, inventory management, and quality management examples and how students can configure an effective quality system in their organization.

Once they’ve mastered the core modules, students will focus on materials planning, product master data and purchasing activities such as sourcing contracts and business partner connections, and inventory tracking techniques such as locating and transferring tracks.

Quality management encompasses inspection plans, production orders, and post-goods-issue procedures; external procurement SAP EDI integration, as well as commodities reception, invoice verification services, and special procurement services, will also be covered during this SAP MM online course; students will learn to utilize functionalities efficiently manage procurement and resource management operations for their organization.

This course covers SAP MM certification, and students will learn the fundamentals of Materials Management, exploring its master data, handling inventory, goods receipt issues tracking as well as material reservation requisition, and reserving techniques, and material requisition, reserve techniques; students will become adept in purchasing merchandise quality management while mastering inventory control as well as SAP physical inventory processing techniques.

Students learn SAP MM interview questions and answers in course labs and practice all MM processes and activities; class activities will allow participants to increase knowledge and expertise regarding materials management functions such as creating purchasing documents, handling price adjustments, and placing purchase orders critical inventory and materials management commitments that any business must fulfill. Regarding cost-effective online SAP MM education, CloudFoundation is without peers.

Features

✅Lifetime access ✅Lifetime video access
✅Real-time case studies ✅The project integrated into the Curriculum
✅24*7 Support from our team of administrators

Course Content

1. Introduction to SAP MM

  • Introduction to SAP
  • Functions and Objectives of MM
  • SAP R/3 Enterprise Structure.

2. Master Data

  • Master
  • Vendor
  • Purchase
  • Info Record
  • Source Determination.

3. Purchasing

  • Purchase Requisition
  • Buy Order
  • Order Request
  • Outline Agreements.

4. Document Types for Purchasing Documents

  • Document Type
  • Document Type Number Ranges
  • Document-level screen layout.

5. Pricing Procedure

  • Access Sequence
  • Calculation schema
  • Schema Group
  • Condition Types
  • Determine Schema
  • Find Calculation Standard Purchase Orders
  • Schema Group to Purchaser
  • Schema Group Vendor.

6. External Services Management

  • Service Entry Specification Internal Number Ranges
  • Define Number Ranges for Service Entry Sheet.

7. Inventory Management

  • Movement types
  • Goods Receipt
  • Goods Issue
  • Transfer Postings
  • Reservation.

8. Physical Inventory

  • PI methods
  • Physical Inventory Documentation
  • Physical Inventory Count
  • List of Inventory Differences
  • Post Difference.

9. Exceptional Stocks and Special Procurement Types

  • Consignment
  • Stock Transport Order
  • Subcontracting.

10. Valuation and Account Determination

  • Valuing Materials
  • Split Valuation Setup
  • Global Value Categories
  • Global Value Types.

FAQ’s

What Is SAP MM Training?

✅ Organizations can access SAP Materials Management Software through this training course; at the same time, users gain an in-depth knowledge of building and adapting SAP systems effectively managing materials throughout an enterprise by learning material planning concepts while taking an interactive class using real-world scenarios.

How much does MM Module Training Cost?

✅Location, type, and other variables significantly affect SAP MM Module training costs.

What is the SAP MM course?

✅SAP MM courses cover setup and setting configuration, master data maintenance and documentation, purchasing information records, purchase orders, goods receipts, inventory management systems, vendor invoicing, invoice verification, and material requirements planning processes. These all make up what constitutes the course offerings in MM.

Is SAP MM in demand?

✅SAP Material Management accurately records inventory levels, pricing information, and purchasing activities across supply chains; incorporating SAP MM into warehouse and distribution operations maximizes warehousing & distribution efficiencies and is increasingly used by manufacturing organizations as they adopt ERP systems to streamline processes increasing demand.

What is SAP MM Certification?

✅SAP Materials Management certification tests the candidate’s live SAP MM configuration, implementation and support skills, and integrated materials management best practices knowledge.

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