SAP MM Introduction - Procurement Process of SAP MM
What is SAP MM? SAP MM (Material Management) is one of the most important modules in SAP ERP software program. SAP MM software module supports the procurement and stock capabilities going on in each day organization operations. This MM module incorporates many elements consisting of shopping, goods receiving, cloth storage, consumption-based plans, and stock. It supports all levels of materials control, substances making plans and control, purchasing, goods receiving, stock control, and invoice verification. Procurement process: Every agency acquires material or offerings to complete its enterprise needs. The process of buying materials and acquiring offerings from providers or dealers is procurement. Procurement process has to be completed in any such way that it's far ordered incorrect quantity, with a proper fee on the proper time. It is subdivided into following components: · Basic Procurement · ...