What are the advantages of SAP MM?
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- SAP MMThere are many jobs that could require you to answer questions about SAP MM in an interview, such as a consultant, an SAP functional analyst, a purchase executive, etc. These questions are designed to help an interviewer test your understanding of your role and the responsibilities that come with it. In this article, we explore topics from basic common SAP MM interview questions for freshers to in-depth concepts that have questions about modules, master data, etc.
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One of the biggest functional modules of SAP is SAP MM. The Procurement Process, Master Data, Valuation of Material & Account Determination, Material Requirement Planning, Inventory Management, etc. are the main topics covered in this module.
The following are SAP MM’s key advantages:
~ SAP MM minimizes material costs by not stocking unwanted or obsolete supplies.
~ Inventory losses are reduced in SAP MM since it offers multi-location inventory.
~ Direct labour costs are decreased with SAP MM, and labour can be utilized effectively.
~ It can decrease delivery times and boost organization-wide transparency.
~ It offers serial and lot traceability.
~ Additionally, it offers bin management, scheduling, and resource allocation.
~ It lessens manufacturing cycle times and is easily managed.
~ It offers efficient inventory management and lowers costs associated with storing surplus materials.
~ Furthermore, it offers product life cycle management and inventory replenishment.