This module is designed to help you understand materials management process. This module consists of the following units Unit 1: Introduction Unit 2: Organizational Structure Unit 3: Master Data Unit 4: Procurement Processes Unit 5: Outline Purchase Agreements Unit 6: Specific Procurement Processes Unit 7: Document Release Procedure Unit 8: Logistics Invoice Verification (LIV) Unit 9: Inventory Management Unit 10: Future of ERP specific to MM
Course Timeline:
Topic 2: Principle Concepts of Materials Management
Organizational Structure
This unit will provide you an overview of organizational structure and its relevance to materials management.
This unit consists of:
Lesson 1: Units of Organizational Structure
This lesson will provide you an overview of different units in an organizational structure and their importance.
The following are the most important master data in materials management:
The Material Master Record
The Vendor Master Record
The Purchasing Information Record
The Source List Record
The Quota Arrangement Record
The Bill of Material (BOM)
Material Master Creation-Step by Step
Creation of Vendor Master
SAP R/3 works on all real-time data that includes material master and vendor master.Material and vendor master are separate data records for keeping information of materials and vendors from where material is procured.
Creation of Purchase Info Record
Source Determination/List
Quota Arrangement
Create BOM (Bill Of Materilas)
Procurement Cycle ( Material Management)
Determination of Requirement
Creating Purchase Order
Posting Goods Receipt
Posting Invoice
Purchase Requisition
"A purchase requisition is a request that is made to the purchasing organization to procure a certain list of materials".
Request for Quotation ( RFQ )
This unit will provide you an introduction to materials management.
Definition of Materials Management
Master Datas In SAP Materials Management
This unit will give you an overview of master data, its benefits, and the most important data records in Materials Management.
1,Introduction to master data
2,Types of master data
Inventory Management ( Material Management)