Materials Management is of great importance for every company as it represents the central authority for the procurement and provision of materials for all needs in the company. The corresponding SAP application SAP MM helps with the implementation and processing of business processes relevant to material requirements, starting with the identification of material requirements, through the coordination of procurement processes, to the procurement of materials and settlement of supplier invoices.
The scope of tasks of Materials Management in the company is diverse: This includes finding procurement sources, building and establishing supplier relationships, price negotiations with suppliers, identifying material requirements in the company, internal procurement and external purchasing of materials as well as the storage and provision of materials in the company. Through seamless process integration of all relevant logistics and financial processes, a company's material provisioning processes can be monitored, analyzed and optimized to increase process efficiency, strengthen supplier relationships, reduce procurement costs and ultimately increase the company's profits.
Materials Management (SAP MM) is an integral part of the Logistics application (SAP LO) in SAP S/4HANA. Together with the other two main logistics applications - Production Planning (SAP PP) and Sales and Distribution (SAP SD) - it can consistently map all aspects of a company from a logistics perspective, including master data (customers, suppliers, materials), end business processes along the entire logistics supply chain (order processing, requirements planning, purchasing, production, delivery, shipping, billing) as well as monitoring and analysis of all business-relevant business partner, material and financial data. Integration with the financial application (SAP FI) makes it possible to map the financial supply chain as well as monitor and analyze all financially relevant aspects of the company's procurement processes. Integration with the controlling application (SAP CO) allows monitoring and analysis of costs, profits and profitability segments related to the procurement processes.
Materials Management with SAP S/4 HANA
The standard software SAP S/4HANA is currently the most frequently used ERP software worldwide. The SAP MM application is one of the central applications of the SAP S/4HANA system as it covers all material provisioning-related business processes in an enterprise. A thorough theoretical and practical training in handling the SAP S/4HANA system - and in particular with one of the core components SAP MM - helps you to increase your own market value and to increase your chances on the job market. In particular, the practical experience with a "living" SAP S/4HANA system offers you a clear competitive advantage.
SAP S/4HANA MM Consultant Certification
Following the two courses SAP MM – Sourcing and Procurement with SAP S/4HANA and SAP MM – Inventory Management and Invoice Verification with SAP S/4HANA (approximately available from winter semester 2024/25 on), you can take the SAP SE consultant certification exam. The exam is taken directly by SAP SE and, if passed, leads to the official, fully recognized SAP certificate C_TS452. Due to the cooperation with SAP Next-Gen, the exam is offered at special student conditions.
After each individual erp4students course, a certificate from the TH Brandenburg is issued. These certificates certify the successful processing of the case studies and the handling of the areas used in the SAP S/4HANA MM environment.
*These rates are only available for students! We can offer the courses at these rates due to our cooperation with SAP University Alliances and SAP Next-Gen.
| erp4students Course
|Covers Topics of SAP Course
|Price at SAP
|Fee at erp4students*
|21,308 USD + VAT
|SAP MM - Sourcing and Procurement with SAP S/4HANA
| S4500, S4520, S4550
|12,138 USD + VAT
|SAP MM - Inventory Management and Invoice Verification with SAP S/4HANA**
|S4510, S4515, S4525
|8,670 USD + VAT
|500 USD + VAT
**Approximately available from winter semester 2024/25 on.