Introduction to Material-Management

Jun 28th, 2015
Studypool Tutor
Abilene Christian University
Price: $20 USD

Tutor description

DEFINITION - Material management is defined as an approach for planning , organizing ,and controlling all those activities principally concerned with the flow of materials into an organization. This includes the storage of raw material and parts and the manning of production operation centres.

Word Count: 359
Showing Page: 1/6
Material Management1. Master data1.1. Material master dataCreate Material (MM01)Important fields: Basic Data 1, Classification, MRP1, Accounting 11.2. Vendor master dataMM60: List materialsMKVZ: List vendors1.3. Standard price and moving average price2. Organization structureClientCompany codePlantStorage locationPurchasing organization/Purchasing group3. Procurement of Stock material3.1. Purchasing requisition: me51n3.2. Request for quotation: me41Quotation: me47 (Input prices)3.3. Compare price: me493.4. Create purchase order: me21n3.5. Monitoring purchase order: me21n/me22n/me23nRelease of purchase order: me29n3.6. Goods receipt: migo3.7. Invoice verification: miro4. Procurement of Consumable material4.1. Purchasing requisition4.2. Request for quotation4.3. Compare price4.4. Create purchase order: me21nAccount Assignment: U or K4.5. Monitoring purchase order: me21n/me22n/me23nRelease of purchase order: me29n4.6. Goods receipt: migo4.7. Invoice verification: miro5. Procurement of External Service5.1. Service master data: AC035.2. Purchasing requisition5.3. Request for quotation5.4. Compare price5.5. Create purchase order: me21nAccount Assignment: U or K5.6. Monitoring purchase order: me21n/me22n/me23nRelease of purchase order: me29n5.7. Goods receipt: migo5.8. Invoice verification: miro6. Transfer posting and stock transfer6.1. Stock transfer6.1.1. Plant to plant: Movement type 301, 303/305 401?6.1.2

Review from student

Studypool Student
" Thank you, Thank you, for top quality work, this is your guy!! "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1820 tutors are online

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors