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Explain the essential concepts of the MM Module. What is the necessary field of purchasing view? What are the data contained in the information record?

  1. Explain the essential concepts of the MM Module.
  2. What is the necessary field of purchasing view?
  3. What are the data contained in the information record?
  4. For creating a purchasing info record what are the pre-requisites
  5. What are the key advantages of SAP MM or SAP Material Management?
  6. What are the different types of stocks used in SAP MM
  7. Write the following short notes:
  • Purchase Requisition
  • Purchasing Organization
  • Purchasing Group
  • External Vs. Internal Procurement
  • GR
  • Consignment stock
  • Forward scheduling and Backward scheduling
  • Purchasing Organization

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1 Essential Concepts of the MM Module SAP MM Material Management is a crucial module within the SAP ERP system that handles various aspects of materials management and procurement processes Some essen... blur-text-image

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