Introduction to Material-Management

Jun 28th, 2015
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Abilene Christian University
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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.

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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

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