SAP MM Training in Chennai

The SAP MM (Material Management) application module offers procurement and inventory activities in day-to-day company operations, and it is one of the most important modules in the SAP ERP software. This MM module covers a wide range of topics, including purchasing, receiving items, fabric storage, consumption-based planning, and inventory management. SAP MM module is incorporated with different modules in the SAP R/3 System consisting of Finance (FI), Controlling (CO), Sales and Distribution (SD), Quality Management (QM), Plant Maintenance (PM), Production Planning (PP), and Warehouse Management(WM).

SAP MM Course in Chennai

We provide beginners the possibility to increase their skill-set in SAP MM with practical-orientated instructions through our SAP MM training in Chennai. Also, this course is handled by experienced certified trainers which will help you to gain functional as well as technical knowledge in SAP MM. Our SAP MM Training program syllabus is designed by industrial experts. After completion of SAP MM Training in Chennai, we assure you will get expertise in SAP MM concepts. Enroll and get started with our training program to begin a career with SAP MM.

Introduction to SAP MM:
SAP MM is one of the important modules of the SAP ERP system which deals with the logistics (Material management and inventory management) of the materials. It consists of modules such as Sales and Distribution, Production Planning, Plant Maintenance, Project Systems, and Warehouse Management. This module includes master data, system configuration, and transactions to complete the procure-to-pay process. This procedure assures that there is never a shortage of materials in a company’s supply chain. It is concerned with the management of an organization’s materials (merchandise and/or services) and resources to ensure that the business runs smoothly and efficiently.

Features of SAP MM:
Important features of SAP MM are –

• SAP MM enables businesses to speed up the materials management and procurement activities
• It can manage materials and resources expenses to reduce company costs
• It is a flexible software that can adapt to converting organizational requirements
• Master Data, Invoice Verification, Material Valuation, Account Determination, and Material Requirement Planning are all handled by SAP MM
• The unique components of the SAP MM module intention to enhance the supply chain processes. This, in turn, will increase the productiveness of the business
• It is responsible for specifying the amount of material to transport at every supply chain stage. This additionally enables employees to figure out the inventory levels for every product category

Advantages of SAP MM:
The SAP MM module has several advantages

• Automates the procurement and material management activities to make the entire process run smoother
• Reduces operational costs
• It reduces material costs by avoiding the storage of undesirable and obsolete goods
• Minimizes inventory losses
• Labor costs are reduced. This additionally allows in the usage of labor efficiently
• It will increase product delivery time, which enhances customer satisfaction
• Improves inventory management
• The manufacturing cycle times are minimized

Organizational Structure of SAP MM:
The following are the most essential organizational aspects of material management:

• Client
• Company Code
• Plant
• Purchase Organization
• Storage Location
• Purchasing Group

Client: – It is the highest level of the organizational unit, and it contains a collection of tables, master data, and other data.
Company Code: –  Company code is a separate legal entity or separate accounting branch of an organization. All the financial statements like profit and loss accounts, business Balance sheets, etc are prepared at the company code level.
Plant: – A plant is a location where logistics activities such as manufacturing, services, and maintenance are carried out.
Purchasing Organization:- A purchasing organization is a physical organizational unit that is in charge of purchasing products and services from vendors for an organization.
Storage Location: –  Storage location is the subdivision of a plant in which the materials are maintained and stored.
Purchasing Group: – It is a group of persons or employees who are responsible for the materials that are being purchased in the organization. Purchase organizations are assigned to a respective material master.

Procurement:
SAP MM Module Procurement is functionality that describes the activities and procedures to acquire items and services. This consists of defining the requirements for goods and services, organizing a source of supply, negotiating contracts, acting vendor evaluations, and purchasing, which crowns these activities with purchase orders, brings the goods into the warehouse and finishes with a price to the supplier. Purchasing refers to the buying and receiving method for goods and services. It is a subset of the broader procurement method.

SAP R/3:
SAP R/3 is software that was produced by the German corporation, SAP AG (now SAP SE). This software was developed to coordinate all resources and activities needed for an enterprise operation including Human Resource Management, order fulfillment, billing, and production planning. SAP R/3 is used to store real-time data. Now, data stored in SAP R/3 is split into 2 categories:

• Transactional Data
• Master Data

Transactional Data:
Transactional Data is the data that is associated with the processing of an enterprise transaction. It is the data that belongs to the payment made to vendors against their orders or the payment taken from a purchaser for the goods.

Master Data:
Master Data is the main data that is utilized for any transaction inside a company. It is kept in a central location within an organization and is accessible to anybody. However, the data must be updated regularly. It is a subset of the broader procurement method.

SAP MM flow using Procurement Cycle:
Every business organization requires materials or services to satisfy its business needs. The procedure of obtaining materials and services is known as Procurement. Different steps are utilized to acquire materials as well as services that form a MM Circulation in the sap procurement cycle. In SAP, the steps of MM circulation are as follows:

• Determining the requirement
• Purchase Requisition
• Generating the purchase order
• Generating goods receipt
• Generating the invoice

SAP MM integration with other modules:
Integration of MM and FI :
On posting of goods receipt, a debit is published to inventory account and a credit is posted to GR/IR clearing account. On posting of invoice receipt, a debit is posted to GR/IR clearing account, and a credit is posted to the vendor account. On payment of vendor, a debit is posted to vendor account and a credit is posted to a bank clearing account.

Integration of MM and SD:
When a sales order is created in SD, the details of the materials are copied from the Material master of MM. Data from MM is also replicated, such as availability and MRP. On creation of inbound or outbound delivery about a sales order, determination of shipping point with the help of plant, loading group, etc. which refers to Material Master.

Integration of MM and PP :
On creation of Production order in PP, BOM (Bill of substances) is decided and PR is raised for materials through MM. Depending on the material requirement, stock determination aids in the implementation of various strategies for withdrawing materials for goods issuance and stock transfer.

SAP MM Training in Chennai

The goal of IntelliMindz is to change the way people learn. IntelliMindz can help you improve your SAP MM skills. Developing SAP MM abilities will set you on a successful career path. Our SAP MM Course in Chennai will teach you the fundamentals of SAP MM. This comprehensive SAP MM training course is combined with real-world examples and exercises to help you put what you’ve learned into practice. Improving your SAP MM expertise can assist you in finding a job, getting promoted, or starting a new career. Use this SAP MM training program as a stepping stone to a career in cloud computing. Enroll in our SAP MM course and get certified today to begin your SAP MM career.

Why choose IntelliMindz SAP MM Training Institute in Chennai:
IntelliMindz provides the best SAP MM training by experienced professionals. IntelliMindz has a great reputation as the best SAP MM Training Institute in Chennai. Our SAP MM Trainer has 14+ years of experience with SAP MM. They provide high-quality SAP MM Training in Chennai.

Job Opportunities for SAP MM:
After completion of SAP MM training in Chennai at IntelliMindz, there are various job opportunities available for you. SAP MM course permits you to get into business with detailed knowledge of all business branches, ranging from receiving and purchasing goods, managing the material, check the invoice and inventory. SAP MM is the most important module for most companies therefore they always looking for SAP MM professionals.

What you’ll learn from this course,

• Gain knowledge on how SAP MM integrates with other modules
• Understand about creating and extending material master records
• Understand how to maintain a source list in SAP, the SAP purchasing process, and create purchase orders and contracts
• Learn how to run purchasing reports, Inventory management and create a physical inventory document

Who can join the SAP MM Training in Chennai:

• Freshers
• Working professional
• Freelancers
• Business Analyst
• Change Manager
• Executive

IntelliMindz’s SAP MM Course will teach by highly skilled and well-experienced professionals. Our SAP MM Training in Chennai has a well-structured course syllabus also provides training sessions for students in their convenient schedules. We are one of the top-most leading SAP MM training institutes in Chennai. Enroll Now in our SAP MM Course in Chennai and contact 9655877577 for more details.