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How Can You Define An Mm Module? What Is Its Importance In Sap R/3?

Answer»

MM stands for Material Management and is a part of the LOGISTIC functional area of SAP R/3. It is an important SAP R/3 module, because it HELPS manage broad-level business activities, such as procurement, valuation and assignment, BATCH management and material storage. Since the materials are the most precious resource of an organization, extreme care needs to be taken in all the PROCESSES related to materials management. Efficient material management is the ESSENCE of the MM module of SAP R/3.

MM stands for Material Management and is a part of the Logistic functional area of SAP R/3. It is an important SAP R/3 module, because it helps manage broad-level business activities, such as procurement, valuation and assignment, batch management and material storage. Since the materials are the most precious resource of an organization, extreme care needs to be taken in all the processes related to materials management. Efficient material management is the essence of the MM module of SAP R/3.



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