Description
SAP MM Training at Massive Tech – SAP Material Management covers all tasks within the supply chain; including consumption based planning, purchasing, vendor evaluation and invoice verification. It also includes inventory, production planning, and warehouse management.
SAP MMÂ Training is used by many big or small manufacturing, retail and other organizations, for the efficient management of raw materials and consumables.
Material Management is a functional module that belongs to SAP AG that is used for Procurement Handling and Inventory Management. SAP MM is one the largest functional module in SAP. This module mainly deals with the Procurement Process, Master Data (Material & Vendor Master), Inventory Management, Valuation of Material & Account Determination, Material Requirement Planning, Invoice Verification etc.SAP Materials management is integrated with other modules such as SD, PP and QM. Materials management is used for procurement and inventory management.The SAP MM module has two important master data - material and vendor. Broadly, the various levels that can be defined for a SAP MM implementation are: Client, Company Code, Plant, Storage Location and Purchase Organization.
Prerequisites
- Business knowledge in the procurement area (MM), particularly knowledge of Product Process is required.
- Minimum 2 years of experience in Procurement, Material Handling, Purchase, Inventory and Vendor Management is desired
- Any graduate or post graduate.
- Good Communication Skills
Key Features
- LIVE Instructor-led Classes
- 24x7 on-demand technical support for assignments, queries, quizzes, project, etc.
- Flexibility to attend the class at your convenient time.
- Server Access to Massive's Tech Management System until you get into your dream carrier.
- A huge database of Interview Questions
- Professional Resume Preparation
- Earn a Skill Certificate
- Enroll today and get the advantage.
Curriculum
- Introduction about Business Process.
- Introduction about ERP.
- Introduction about SAP.
- Overview of SAP Architecture.
- Introduction to various modules in SAP.
- Basics of Procurement Process.
- Master Data.
- Procurement of Stock Material.
- Procurement of Consumable Material.
- Procurement of External Services.
- Reporting in MM.
- Basics
- Planning Run
- Lot-Size Calculation
- Reorder Point Planning and Planning Evaluation
- Introduction to Purchasing Details
- Outline Agreements
- Source Determination
- Optimized Purchasing
- Purchasing Details & Optimization.
- Inventory Management: Overview.
- Goods Receipts.
- Reservations and Goods Issues.
- Stock Transfers and Transfer Postings.
- Consignment.
- Subcontracting.
- Physical Inventory Management.
- Introduction to Material Valuation.
- Valuation and Account Assignment.
- Material Price Changes.
- Special Inventory Management Features.
- Introduction to Invoice Verification.
- Basic Invoice Verification Procedure.
- Taxes, Cash Discounts, and Foreign Currency.
- Variances and Blocking Reasons.
- Invoice Reduction.
- Variances without Reference to an Item.
- Invoices for POs with Account Assignment.
- Delivery Costs.
- Subsequent Debits/Credits.
- Credit Memos and Reversals.
- Invoice Verification in the Background.
- ERS and Invoicing Plans.
- Releasing Blocked Invoices.
- GR/IR Account Maintenance.
- Conventional Invoice Verification.
- Customizing for Invoice Verification.
- Document Release (Approval) Procedure
- Batch Management
- ASAP Overview
- Implementation Roadmap
- Global Settings.
- MM Organizational Levels: Business Scenario.
- Master Data in Materials Management.
- Purchasing
- Pricing
- Inventory Management.
Best part of choosing Massive Technology as your training provider
- Understand the importance of investing in SAP Education programs at Massive tech.
- Recognize current trends and opportunities for SAP consultants as per current market.
- Certified & Experienced Instructors
- Flexible Schedule
- Real Time Practical Training
- Quality training guaranteed
- Placement Assistance
- LIVE Instructor-led Online Classes
- 24/7 server access facility
- Materials
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