1. What is SAP HANA Material Management (MM)?
1. SAP HANA Material Management (MM) is a module within SAP's ERP system that manages the procurement process, inventory management, and other aspects related to materials and resources in an organization. It integrates various functions such as purchasing, inventory management, and invoice verification to streamline business processes and optimize supply chain operations.
2. Explain the procurement process in SAP HANA MM.
2. The procurement process in SAP HANA MM involves creating purchase requisitions, converting them into purchase orders, receiving goods, verifying invoices, and making payments, all within an integrated system for efficient management of material procurement.
3. What are the key functionalities of SAP HANA MM?
3. The key functionalities of SAP HANA Material Management (MM) include managing procurement processes, inventory management, vendor management, purchasing, invoice verification, and material requirements planning (MRP) within an integrated system for efficient supply chain management.
4. How does SAP HANA MM integrate with other SAP modules?
4. SAP HANA MM integrates with other SAP modules such as SAP Sales and Distribution (SD), SAP Finance and Controlling (FICO), SAP Production Planning (PP), and SAP Quality Management (QM) through data exchange and process integration, enabling seamless coordination and automation of end-to-end business processes across different functional areas
5. What is the purpose of Material Master in SAP HANA MM?
5. The Material Master in SAP HANA Material Management (MM) serves as a central repository for storing and managing information about materials that an organization procures, produces, stores, and sells. It contains detailed data related to materials, including descriptions, classifications, units of measure, inventory details, procurement details, pricing information, and other attributes necessary for effectively managing materials throughout their lifecycle within the organization. The Material Master acts as a foundational element for various MM processes, such as procurement, inventory management, and production planning, ensuring consistency and accuracy of data across the organization.
6. What are the different types of procurement processes supported in SAP HANA MM?
6. The different types of procurement processes supported in SAP HANA MM include direct procurement for raw materials, indirect procurement for non-production items, external procurement from external vendors, internal procurement for transfers within the organization, subcontracting for outsourcing specific tasks, and third-party procurement for outsourcing the entire procurement process to external service providers. Each type caters to distinct business needs and involves specific workflows and procedures within the procurement cycle.
7. Explain the concept of purchasing organizations and purchasing groups in SAP HANA MM
In SAP HANA Material Management (MM), purchasing organizations represent entities responsible for procurement activities, such as negotiating with vendors, creating purchase orders, and managing contracts. Purchasing groups are subdivisions within purchasing organizations that focus on specific procurement tasks or categories, allowing for decentralized procurement management and specialization within the organization
8. What is the difference between a purchase requisition and a purchase order in SAP HANA MM?
8. In SAP HANA MM, a purchase requisition is a request generated internally within the organization to procure materials or services, serving as a formal request for purchasing. On the other hand, a purchase order is a legally binding document issued by the purchasing organization to the vendor, specifying the details of the goods or services to be purchased, including quantity, price, delivery date, and terms of payment.
9. How does SAP HANA MM handle inventory management?
SAP HANA MM manages inventory by tracking goods receipts, goods issues, material movements, and stock transfers, while applying appropriate valuation methods to ensure accurate inventory valuation for financial reporting and cost analysis
10. What are the key reports available in SAP HANA MM for monitoring procurement and inventory?
. Key reports available in SAP HANA MM for monitoring procurement and inventory include Purchase Order Reports, Goods Receipt Reports, Material Movement Reports, Inventory Valuation Reports, and Stock Overview Reports, providing insights into procurement activities, inventory movements, and stock levels across the organization
