The fee for SAP MM(Materials Management) training can vary depending on several factors such as the location, duration of the course, training format, and level of expertise. SAP offers various training options for MM, including instructor-led courses, e-learning courses, and virtual live classrooms.

For More details you can Register

1. What will I learn in this SAP MM (Material Management) course online?

2. Is the SAP MM course suitable for logistics or supply chain professionals?

3. Do I get lifetime access to SAP MM course materials and updates?

4. Will this course help me prepare for SAP MM certification exams?

5. Are there real-time SAP MM project examples in the training program?

SAP MM(Materials Management) Certification:

SAP MM (Materials Management) Certification is a professional certification offered by SAP AG, which is designed to demonstrate expertise and knowledge in the SAP Materials Management module. This certification is ideal for individuals who have experience working with SAP MM and want to enhance their career prospects by demonstrating their proficiency in the module.

To obtain SAP MM certification, you must pass a certification exam, which consists of 80 multiple-choice questions that cover various topics related to SAP MM. The exam takes approximately 180 minutes to complete, and the passing score is 57%.

Before taking the SAP MM certification exam, it is recommended that you have a basic understanding of procurement and inventory management processes, familiarity with SAP software, and experience or training in SAP MM. You can prepare for the certification exam by taking an SAP MM training course, reviewing SAP MM documentation and materials, and practicing with SAP MM software.

SAP MM(Materials Management) Curriculum:

1. Introduction to SAP and SAP MM

• Overview of SAP and SAP MM
• SAP architecture and system landscape
• SAP MM module components and features
• Role of SAP MM in procurement and inventory management

2. Organizational Structures and Master Data

• Understanding organizational structures in SAP MM
• Creating and maintaining master data in SAP MM, including material master, vendor master, and purchasing info record
• Understanding the importance of accurate master data for effective procurement and inventory management

3. Procurement Processes

• Procurement process flow in SAP MM, including purchase requisition, request for quotation, purchase order, and goods receipt
• Creating purchase orders and managing purchase requisitions
• Goods receipt and invoice verification processes
• Document flow and integration with other SAP modules, such as FI and SD

4. Inventory Management

• Understanding inventory management in SAP MM
• Material movements and stock types
• Batch management and shelf-life expiration
• Inventory valuation and reporting

5. Pricing Procedure and Conditions

• Understanding pricing procedure and conditions in SAP MM
• Condition types, access sequences, and pricing procedures
• Configuration of pricing procedure and conditions

6. Release Procedure and Approval Processes

• Understanding release procedure and approval processes in SAP MM
• Release codes, release groups, and release strategies
• Approval workflows and notification settings

7. Material Requirements Planning (MRP)

• Overview of MRP in SAP MM
• MRP types and planning runs
• Exception messages and analysis
• Integration with other SAP modules, such as Production Planning (PP)

8. Physical Inventory Management

• Overview of physical inventory management in SAP MM
• Creating physical inventory documents and counting sheets
• Performing inventory counts and reconciling discrepancies
• Adjusting inventory quantities and valuation

9. Reporting and Analytics

• Standard reports and ad-hoc reporting in SAP MM
• Configuring and customizing reports
• Understanding SAP Business Intelligence (BI) and analytics tools

10. Integration with Other SAP Modules

• Integration with other SAP modules, such as FI, CO, SD, PP, and WM
• Understanding the impact of procurement and inventory management on other areas of the business
• Best practices for effective integration and collaboration between SAP modules

11. Batch Management and Serial Number Management

• Overview of batch management and serial number management in SAP MM
• Creating and managing batches and serial numbers
• Understanding the impact of batch management and serial number management on inventory valuation and reporting

12. Vendor Evaluation and Management

• Overview of vendor evaluation and management in SAP MM
• Creating and maintaining vendor evaluation criteria
• Evaluating and ranking vendors based on performance metrics
• Strategies for vendor management and optimization

13. Contract Management

• Overview of contract management in SAP MM
• Creating and managing contracts for procurement and services
• Release and approval workflows for contract management
• Contract analysis and reporting

14. Logistics Invoice Verification (LIV)

• Overview of logistics invoice verification (LIV) in SAP MM
• Creating and processing LIV documents
• Understanding the three-way match process and resolving discrepancies
• Configuring and customizing LIV workflows

15. Integration with Supply Chain Management (SCM)

• Overview of supply chain management (SCM) in SAP MM
• Integration with SCM modules such as Advanced Planning and Optimization (APO) and Supplier Relationship Management (SRM)
• Understanding the impact of SCM on procurement and inventory management

16. Advanced Reporting and Analytics

• Advanced reporting tools and analytics capabilities in SAP MM
• Data visualization and dashboard design
• Understanding SAP HANA and in-memory computing for advanced analytics

17. Best Practices and Optimization

• Best practices for optimizing procurement and inventory management in SAP MM
• Process improvement strategies and tools
• Continuous improvement methodologies and approaches

Note:  The specific curriculum for SAP MM training may vary depending on the needs of the trainees/Corporate Client and the objectives of the training program.

SAP MM(Materials Management) Interview Questions & Answers:

1. What is SAP MM, and what are its main functions?
A: SAP MM is a module in the SAP ERP system that manages the procurement, inventory management, and material valuation processes of an organization. Its main functions include material master data management, purchasing, inventory management, and invoice verification.

2. What is a material master, and what information does it contain?
A: A material master is a central repository of information about a material or product that an organization uses in its business operations. It contains information such as material description, material type, unit of measure, pricing, and inventory data.

3. What is a purchase order, and what information does it contain?
A: A purchase order is a document sent by a buyer to a supplier to request goods or services. It contains information such as the type and quantity of goods or services, delivery date, pricing, and payment terms.

4. What is the difference between a goods receipt and a goods issue?
A: A goods receipt is a document created when goods are received into inventory, while a goods issue is a document created when goods are issued or consumed from inventory.

5. What is a purchase requisition, and how is it used in SAP MM?
A: A purchase requisition is a document that is created to request the procurement of materials or services. It is used in SAP MM to initiate the procurement process by creating a purchase order or a request for quotation.

6. How do you create a vendor master in SAP MM?
A: To create a vendor master in SAP MM, you can follow the following steps:

• Go to transaction code XK01 to create a new vendor master record
• Enter the vendor's name, address, contact details, and other relevant information
• Assign the vendor to the appropriate vendor account group and purchasing organization
• Save the vendor master record

7. What is a source determination, and how is it used in SAP MM?
A: Source determination is the process of identifying potential suppliers for a material or service. It is used in SAP MM to select the most appropriate vendor based on criteria such as price, quality, delivery time, and availability.

8. What is a stock transfer order, and how is it used in SAP MM?
A: A stock transfer order is a document used to transfer materials from one storage location to another within the same company code. It is used in SAP MM to manage stock transfers between different plants or warehouses.

9. What is the difference between a material type and a material group?
A: A material type is a classification that determines the attributes and behavior of a material, such as whether it is a finished product or a raw material. A material group is a classification that groups materials together based on their characteristics, such as the product category or supplier.

10. What is a pricing procedure, and how is it used in SAP MM?
A: A pricing procedure is a sequence of conditions used to calculate the price of a material or service. It is used in SAP MM to determine the price of a purchase order or invoice based on factors such as quantity, discounts, taxes, and surcharges.

11. What is a reservation, and how is it used in SAP MM?
A: A reservation is a document used to reserve materials for a specific purpose or use. It is used in SAP MM to ensure that materials are available when needed and to prevent them from being consumed or issued for other purposes.

12. What is the difference between a consignment and a standard purchase order?
A: In a consignment purchase order, the supplier retains ownership of the goods until they are consumed or sold, while in a standard purchase order, the buyer takes ownership of the goods upon receipt. In a consignment purchase order, the buyer only pays for the goods once they are consumed or sold, while in a standard purchase order, the buyer pays for the goods upon receipt.

13. What is the difference between a release procedure and a purchase order approval process?
A: A release procedure is a workflow process used to release or approve purchase orders based on certain criteria, such as the value of the purchase order or the material group. A purchase order approval process is a workflow process used to approve purchase orders based on the authority level of the approver, such as the budget or procurement authority.

14. What is the difference between a goods receipt and an invoice verification in SAP MM?
A: A goods receipt is a document created when goods are received into inventory, while an invoice verification is a process used to verify that the goods or services received match the purchase order and are invoiced correctly. Goods receipt and invoice verification are two separate processes in SAP MM, but they are closely related.

15. What is a source list, and how is it used in SAP MM?
A: A source list is a list of approved vendors for a material or service. It is used in SAP MM to ensure that materials are procured from approved vendors and to streamline the procurement process by reducing the need to search for new vendors.

16. What is a vendor evaluation, and how is it used in SAP MM?
A: A vendor evaluation is a process used to assess the performance of a vendor based on factors such as quality, delivery time, and cost. It is used in SAP MM to evaluate vendors and to identify opportunities for improvement in the procurement process.

17. What is a service entry sheet, and how is it used in SAP MM?
A: A service entry sheet is a document used to record services performed by a vendor. It is used in SAP MM to verify that the services have been performed as per the agreed-upon terms and conditions and to facilitate payment to the vendor.

18. What is the difference between a quota arrangement and a source list in SAP MM?
A: A quota arrangement is a way to allocate procurement quantities among multiple vendors based on predefined percentages, while a source list is a list of approved vendors for a material or service. A quota arrangement is used when there are multiple approved vendors for a material or service and the procurement quantities need to be allocated among them, while a source list is used to ensure that materials are procured from approved vendors.

19. What is the difference between a stock transfer order and a transfer posting in SAP MM?
A: A stock transfer order is a document used to transfer materials from one storage location to another within the same company code, while a transfer posting is a document used to transfer materials from one storage location to another within the same plant or company code. A stock transfer order is used when materials need to be transferred between different plants or warehouses, while a transfer posting is used when materials need to be transferred within the same plant or company code.

20. What is a purchase requisition, and how is it used in SAP MM?
A: A purchase requisition is a document used to request materials or services from a vendor. It is used in SAP MM to initiate the procurement process and to ensure that materials or services are available when needed.

Participants will have 24/7 access to our online lab, providing hands-on experience with SAP MM tools and scenarios.

This includes server access to S/4 HANA 2023 for 1 year, ensuring you have ample time to practice and apply your skills in a real-world environment.

With this extended access, you can work on projects, explore advanced features, and solidify your understanding of SAP MM in the latest SAP S/4 HANA version.