Materials Management

Chapters in this level

1. The purchase requisition and source determination · Entering the purchase requisition properly means preparing a purchase order with no re-entry.
2. Request for quotation, conditions and effective price · Why does the purchase order show 1.26 CHF when the supplier quotes 1.30 CHF?
3. The purchasing info record in detail · One material, one supplier, and everything that was negotiated.
4. The purchase order from A to Z · The central P2P document: knowing how to read it means being able to answer 80% of users' questions.
5. Simulation: the complete P2P at SENTINEL SA · 1,000 stainless steel screws at 1.20 CHF, delivered in two parts, invoiced then paid. Follow the documents and the accounts at each step.
6. Goods receipt and inventory management · All movements go through MIGO. Explore the movement types you will meet most often.
7. Invoice verification · Pay for what was ordered, at the right price, and only for what was received.
8. Account-assigned purchases, blanket orders and services · Not everything goes into stock: supplies, services, investments.
9. Buying for a project · Assign to a WBS element or reserve stock for the project: two ways to buy, two different effects.
10. Consumption-based planning · SAP can create the purchase requisitions itself for materials with regular consumption.
11. The special procurement flows · Five scenarios every MM consultant must be able to run.
12. Physical inventory · Mandatory at least once a year, and a major internal control.