SAP MM

Index:

• Procurement Process:

• Purchase Requisition: Creation, approval, and processing of purchase requisitions.
• Request for Quotation (RFQ): Preparation, distribution, and evaluation of RFQs from vendors.
• Purchase Order (PO): Creation, transmission, and tracking of purchase orders.
• Vendor Master: Management of vendor information, terms, and conditions.

• Inventory Management:

• Goods Receipt: Receipt of goods from vendors into the inventory.
• Goods Issue: Withdrawal of goods from the inventory for consumption or shipment.
• Inventory Valuation: Valuation of goods and inventory reconciliation.
• Material Ledger: Integration with financial accounting for material valuation.

• Logistics Invoice Verification:

• Verification and processing of invoices received from vendors.
• Invoice matching with purchase orders and goods receipts.
• Handling of variances and discrepancy resolution.

• Master Data Management:

• Material Master: Creation, maintenance, and management of material master data.
• Vendor Master: Maintenance of vendor information including addresses, terms of payment, etc.
• Source List: Listing of approved vendors for specific materials.

• Warehouse Management:

• Storage Location Management: Management of different storage locations within the organization.
• Handling Unit Management: Management of packaging materials and transportation units.
• Stock Transfer: Transfer of materials between different storage locations.