SAP S4 Hana MM Training

SAP S4 HANA MM – Overview

SAP S4 HANA MM or Materials Management is one of the extensive supply chain modules. It is a module of SAP ECC developed to be used on the in-memory HANA platform. Also, it is one of the parts of SAP S4 HANA Simple Logistics module. This platform allows professionals to create an organizational structure and carry out critical processes in its three core areas – materials planning, inventory, and procurement. S4 Hana MM allows you to configure your system to fit your unique business requirements and take your functionality into the future easily.

If you are into Logistics and Supply Chain Management, SAP MM is the most sought after and even the most relevant SAP module you need to master. This is because S4 Hana MM heavily integrates with all the core logistics and SCM processes and even with finance and managerial accounting (or controlling).

SAP Hana MM Configuration – How it Works?

S4 MM Hana is an important aspect of master data in SAP. Most of the departments in a company rely on this module for their logistic and inventory management. This element enables businesses to store complete information about a particular product (or material). The MM module provides all material management functionality that helps it to easily integrate with other modules using the SAP HANA computing capabilities.

In the SAP S4 MM system, the material master data is identified by a material number uniquely. This unique number can be either internal or external. While the SAP system generates the internal numbers automatically, external numbers are explicitly generated by users.

The material master stores all the information about a material/product in a centralized manner. One can access this information for use in several application areas like storage, purchasing, sales, accounting, etc.) depending on the material type. Further, the master data is maintained at the plant level while the accounting information is maintained at the valuation level. But what is a valuation level? It is a way to valuate (determine the worth) the materials.

Benefits of SAP S4 MM Hana

The S4 MM Hana module offers the following benefits at an organizational level:

• Helps optimize or reduce inventory holding.
• Allows easy accommodation and integration of supply chain in case of purchases or acquisitions.
• Empower to keep up while transitioning a business from B2B to consumer.
• Maintain and manage huge material and inventory records with faster automated processes.
• Increased operational efficiency.

Take your career to the new heights by taking the modern-age SAP S4 MM Training at the best SAP institute in Bangalore. We will also help you to crack interviews by providing practice sessions on SAP MM S4 HANA interview questions.

SAP S4 HANA MM Training

This course has been specifically designed for entry-level and mid-level procurement consultants who intend to get an SAP Associate Certification in Supply Chain and SAP ERP.  This course covers the most critical procurement functions, inventory management functions, and configuration requirements you’ll need to know for implementing the SAP S4 MM module. You will get extensive practise working through many business transactions in the form of lectures and numerous exercises. All this will increase your confidence in being able to apply what you have learned, during your professional career.

S4 HANA MM Training – Objectives

• Understand the need for MM within purchasing processes.
• Use the primary SAP transactions/FIORI applications for Master Data creation.
• Create data for Material Master and Business Partners in FIORI and GUI.
• Explain the various Master Data types for Procurement and Sourcing.

SAP S4 HANA MM Training – Who all can enroll?

SAP S4 MM Training is apt for those who have experience in logistics. This course will help them grow to the next level and get a better pay in their career. Since this module isn’t much technical like SAP HANA and SAP ABAP, even freshers can take this course.

People eligible to take this course are:

• Executives and Managers
• IT/Business analysts
• Project Managers
• System Administrators
• SAP End users
• ERP Functional or technical consultant
• SAP Core Team Members
• Buyers
• SAP consultant
• Supply Chain Professional

Get Ready to join the pioneer training institute of SAP S4 MM Learning in Bangalore. Apply for a free demo today!

S4 HANA MM Module

During this training course, you will cover the following topics:

• SAP MM Introduction
• Master Data Requirement in Material Management (MM) Module
• Procurement Cycle in Material Management
• Special Procurement Type in Material Management
• Inventory Management & Physical Inventory Process
• Logistics Invoice Verification
• Enterprise structure and material master configuration
• Evaluation and Account Determination

SAP S4 Hana MM Training at IQ Stream

IQ Stream Technologies is one of the leading SAP MM training institutes in Bangalore with highly experienced and skilled professional trainers to deliver the courses. We offer job and placement assistance to participants who enroll into our SAP MM (Material Management) Training program. Since we deliver our training classes online in the form of virtual sessions, participants from all across the globe can take our course. Though we deliver our classes twice a week and on weekends, you can take the classes as per your convenience. If in case you miss a class someday, we can provide you SAP S4 Hana MM tutorial videos also.

As said, SAP MM (Material Management) is a SAP module that comprises numerous components. Of which, Master Data, Purchasing and Inventory are the primary ones. IQ Stream also offers SAP online training and corporate training to SCM and logistics, procurement consultants. We employ a team of SAP certified and highly knowledgeable professionals who have 5+ years of corporate experience. We offer SAP MM training classes through advanced learning material and tools to help you understand every aspect of this module with ease. Our SAP MM course content and syllabus are updated and curated according to the SAP learning modules.

SAP S4 Hana MM Training – Why IQ Stream?

During the SAP MM training course, we will learn everything about SAP MM from S/4HANA essentials and planning and production methods in S/4HANA to SAP ERP production orders, lean manufacturing, and material requirements planning. We will cover many topics including Procurement Process, Procurement Optimization, Inventory Management, Evaluation and Account Determination, Material Requirements Planning, Material Requirements Planning, Logistics Invoice Verification, Enterprise structure and material master configuration. As part of the SAP MM training, you will get numerous opportunities to work on real-world projects. During the closing days of the training, our trainers will also help you prepare for interviews and placements. You will get practice sessions on SAP S4 HANA MM interview questions along with resume creation assistance.

Key Features of our SAP HANA MM certification course:

• 40-45 days of Instructor Training Sessions
• World-class virtual learning experience
• Expert & Certified Trainers
• Flexible Class Timings
• Access to Recorded Sessions
• Practical Approach
• 24/7 Support
• Real World use cases and Scenarios
• Access to SAP MM Instance
• Several practices and assignments
• Personal attention on every attendee

SAP S4 MM Career Scope

Logistics, Supply chain and Material Management are important aspects of any enterprise. With optimal management of material procurement and record maintenance, companies can control the cost of manufacturing and their sales operations. As such, material management is an essential process for manufacturing companies. Learning to implement SAP MM modules can help enterprises cover end-to-end material management. This is why there’s been a constant increase in the demand for SAP MM professionals who have in-depth knowledge of this system and experience to make the most out of this.

The salary packages are considerably higher than any other logistic and SCM job roles. It is because the S4 MM is a product of the leading brand – SAP. So, the career options for SAP S4 Hana MM Certified professionals are:

• SAP MM consultants.
• Purchase Executive.
• SAP MM Plant Maintenance analyst.
• Team Leader.
• Sap End User.
• SAP MM functional Configurator.
• Material Manager.
• SAP Functional Analyst in MM.

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SAP MM (Material Management) is one of the important modules of SAP ERP software. MM application module offers procurement and inventory functions.

The business process in SAP is termed as “Module”. SAP Materials Management (MM) is a part of the Logistics stream, which helps in managing procurement activities.

Through integration with other modules (for example, Materials Management, Production, Sales and Distribution, Personnel Management, and Controlling) the data is always kept current and processes that are necessary for Plant Maintenance and Customer Service are automatically triggered in other areas.

Production Planning is the process of aligning demand with manufacturing capacity to create production and procurement schedules for finished products and component materials.

Yes, we will provide you with a “certificate of completion” after you complete our S4 MM training course. This certificate is equivalent to the SAP MM S4 Hana certification and is recognised and accepted nationwide. So, you can get an added advantage if you show this certification in your resume.