function of 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 ManagementPresent by :-ContentIntroductionWhy Material Management ???Process FlowMaterial Management IntegrationMaterial Management ComponentBenefits of Material ManagementImplementation ChallengesQ&AThank you !!!Appendix A - MM DefinitionAppendix B Material TypeAppendix C MM Terms & DefinitionAppendix D Important MM TablesIntroductionSAP MM Module is one of the most important SAP Modules where MMstands for Materials Management - underpins the supply chain,includingRequisitionsPurchase ordersGoods receiptsAccounts payableInventory managementBOMsMaster raw materials, finished goods etcWhyNeedMM??? amount spend on material is higherthan other inputs material offer considerable scope forreducing cost and improving profit material add value to the product quality of end product depend onmaterial efficiency of any organization dependupon the availability of right material, inright quantity at right time and at rightplace.Process FlowordersSUPPIERSRECIVINGPurchasingRawMaterialStorageFinishGoodsStorageTransformationProcessesIn ProcessStorageDISTRIBTNCUSTOMERMM IntegrationSDSales & DistributionPPQMQuality ManagementPMMMProduction PlanningProduction ManagemenFinancial AccountingFIAMAsset ManagementMaterial ManagementControlsCOPSPro

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