SAP S/4HANA Materials Management (MM) is one of the most foundational and widely used modules within the SAP S/4HANA environment. It governs the end-to-end procurement and materials management strategies of an organization — from purchasing raw materials and managing inventory to managing supplier relationships and invoice verification.
In simple terms, SAP MM is the spine of how an enterprise acquires, receives, shops, and manages the materials it needs to function. It covers tactics consisting of:
Purchase requisition and purchase order management
Vendor and supplier management
Inventory control and stock monitoring
Goods receipt and goods issue tactics
Invoice verification and accounts payable integration
Material Requirements Planning (MRP)
Valuation and account willpower
