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13 Oct 2024 | 30 | 06:00 PM - 10:00 AM | Sat, Sun | |
20 Oct 2024 | 30 | 06:00 PM - 10:00 AM | Sat, Sun | |
27 Oct 2024 | 30 | 06:00 PM - 10:00 AM | Sat, Sun | |
03 Nov 2024 | 30 | 06:00 PM - 10:00 AM | Sat, Sun |
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13 Oct 2024 | 30 | 06:00 PM - 10:00 AM | Sat, Sun | |
20 Oct 2024 | 30 | 06:00 PM - 10:00 AM | Sat, Sun | |
27 Oct 2024 | 30 | 06:00 PM - 10:00 AM | Sat, Sun | |
03 Nov 2024 | 30 | 06:00 PM - 10:00 AM | Sat, Sun |
Course Price At
Online Self Learning Courses are designed for self-directed training, allowing participants to begin at their convenience with structured training and review exercises to reinforce learning. You’ll learn through videos, PPTs and complete assignments, projects and other activities designed to enhance learning outcomes, all at times that are most convenient to you.
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SAP SE is a German multinational company that develops and markets Enterprise Software solutions for businesses of all sizes. With over 293,500 customers in 190 nations, the company offers software for human resource, sales, marketing, finance, supply chain, manufacturing, asset management and various other departmental functions.
Multisoft Virtual Academy is a known training provider in SAP products. After introducing participants to the SAP platform, SAP ERP “ Material Management online training discusses how to create organizational elements, including Company, Company Code, Plant, Storage, Purchasing Organization etc. It covers how users must manage inventory, which includes keeping a tab on the movement of goods, transfer posting, and creating physical inventory document.
After the completion of SAP ERP “ MM online training, learners are able to use SAP Material / Inventory Management software to perform the following procedures:
SAP ERP “ Material Management course credits individuals with the ability to execute all material- management tasks with ease. Candidates get equipped with functionalities pertaining to Vendor Selection and Comparison of Quotations; Purchase Order Follow-up; and Invoice Verification.
SAP MM (Materials Management) is a module in SAP ERP (Enterprise Resource Planning) software that is used to automate and streamline the process of managing materials and inventory in an organization. This module is critical for managing every aspect of materials management, from procurement to inventory management, invoice verification, and even materials planning.
• Introduction to ERP
• SAP Overview
• Functions and Objectives of MM
• Overview Cycle of MM
• Organizational structure of an Enterprise in the SAP R/3 System
• Creation of Organizational Elements – Company, Company Code, Plant, Storage, Location, Purchasing Organization, Purchasing Group and Assignments
• Material Master
• Vendor Master
• Info Record
• Source Determination
• Material Master
• Vendor Master
• Info Record
• Source Determination
• PR, PO, RFQ, Contract and Schedule Agreement
• Define Document Type
• Define Number Ranges for Document Type
• Define Screen Layout at Document Level
• Creation of Characteristics
• Creation of Class
• Release Group, Release Codes, Release Indicator, Release Prerequisite, Release Strategies
• Define Access Sequence
• Define Condition Types
• Define Calculation Schema
• Define Schema Group
• Schema Group Vendor
• Schema Group Purchasing Organization
• Assignment of Schema Group to Purchasing Organization
• Define Schema Determination
• Determine Calculation Schema for Standard Purchase Orders
• Creation of Service Master
• Creation of Service PO
• Creation of Service Entry Sheet
• Invoice wref Service Entry Sheet
• Goods Movement
• Goods Receipt – GR
• Goods Issue – GI
• Transfer Posting – TP
• Reservation
• Types of PI Processes
• Creating Physical Inventory Document
• Entering Physical Inventory Count
• List of Inventory Differences
• Post the Difference
• Print out PI Difference Report
• Consignment
• Stock Transport Order
• Subcontracting
• Pipeline
• Returnable Transport Packaging – RTP
• Third Party Processing
• Introduction to Material Valuation
• Split Valuation
• Configure Split Valuation
• Defining Global Categories (Valuation Category)
• Defining Global Type (Valuation Types)
• Defining Local Definition & Assignment (Valuation Area)
• Basic Invoice Verification Procedure
• Invoice for Purchase Order
• Planned Delivery Costs
• Unplanned Delivery Costs
• Credit Memo
• Blocking the Invoice
• Releasing Blocked Invoices
• Subsequent Debit/Credit
• Automatic Settlements (ERS)
• GR/IR Account Maintenance
• Invoice for Tax, Discounts, Terms of Payment
• Invoices for PO’s with Account Assignment
• Parking Invoice
• Invoice with reference to Service Entry Sheet
• Integration of MM with SD
• Integration of MM with PP
The primary objective of an SAP MM (Material Management) training course is to provide learners with an in-depth understanding of the tasks and functions of Material Management in SAP and to enable them to effectively manage and supervise business processes related to materials management.
Specific objectives of the training course may include:
Before you begin an SAP MM (Material Management) training course, there are several prerequisites and recommended background knowledge to ensure a successful learning experience:
Anyone interested in learning about SAP MM can enroll. However, it would be beneficial for those with a background in supply chain management, inventory management, procurement, or related fields.
While there are no strict prerequisites, basic knowledge of procurement and inventory management processes can be helpful. Familiarity with SAP or other ERP systems is an advantage but not a requirement.
The course duration can vary between training providers. Generally, it could be anywhere between 30 to 60 hours, spread across several weeks.
The course could be delivered through various modes including classroom training, online training, or a combination of both. Some courses also offer self-paced learning.
Most reputable training providers offer a certificate upon successful completion of the course. It's always good to verify this before enrolling.
Having knowledge of SAP MM can open up opportunities for roles such as SAP MM Consultant, SAP MM Analyst, Materials Manager, and Procurement specialist in companies that use SAP.
Yes, SAP MM skills are in high demand as many large organizations use SAP for their enterprise resource planning. The module's ability to efficiently manage procurement and inventory processes makes it a key component of many businesses.
Most training courses include practical exercises and real-world scenarios for better understanding. Some providers may even provide access to a SAP sandbox for practice.
Yes, most SAP MM training courses are designed to help you prepare for the SAP MM certification exam.
The cost can vary greatly depending on the training provider, location, course content, and duration. It's best to check with individual providers for the most accurate pricing.