SAP Material Management
SAP Material Management and is one of the fundamental modules of SAP ERP system that is implemented in most of the installations of SAP. SAP MM is the backbone of the Logistics area and helps to manage the procurement activity of an organization. It supports all aspects of material management (planning, control, invoicing etc).
SAP MM incorporates modules like Sales and Distribution, Production Planning, Plant Maintenance, Project Systems and Warehouse Management.
SAP S/4HANA Logistics
S/4HANA Enterprise Management (previously known as Simple Logistics) is the future direction of SAP ERP software. S/4HANA Enterprise Management allows customers to do business in a hybrid environment that mix on-premise with cloud solutions. Get real-time insights into spend and procurement processes with tailored to business roles with SAP S/4HANA. Monitor operations and check transactions to take immediate action. Identify opportunities for cost reductions based on spend reports. Download relevant data from a centralized system for further analysis in your favourite applications.
Features
- Ensures that there is never a shortage of materials or any gaps in the supply chain process of the organization.
- Speeds up the procurement and material management activities making the business run smoother with complete time and cost efficiency.
- It deals with managing the materials (products and or services) resources of an organization with the aim of accelerating productivity and reducing costs.
- It deals with the Procurement Process, Master, Account Determination, Inventory Management, Invoice Verification, Material Requirement Planning etc.