What is SAP Materials Management?

SAP Materials Management (SAP MM) is a module in SAP ERP that deals with managing the materials required for an organization's operations. It encompasses procurement, inventory management, and vendor management. It is commonly used to ensure that materials are available in the right quantity at the right time and place, while optimizing costs and minimizing inventory levels. Functionalities include purchasing, goods receipt, inventory control, material planning, and invoice verification. It integrates with other SAP modules like Sales and Distribution (SD), Production Planning (PP), and Finance (FI).