Materials Management for SAP S/4HANA

SAP HANA ERP solution’s Material Management module provides manufacturing companies with materials, inventory, and warehouse management capabilities. The primary goal of SAP’s Materials Management module is to help manufacturers maintain a proper inventory of raw materials and to eliminate shortages or gaps in the organization’s supply chain. 

SAP S/4HANA’s capabilities include material management, purchasing, integration, procurement, master data management, asset management, and much more.

Purchasing

Purchasing capabilities in the Materials Management module fully integrate with the other modules of the SAP HANA ERP system. Purchasing supports all phases of materials management: materials planning and control, receiving, inventory management, batch processing, and invoice verification.

The Main Features of Purchasing Include

• External procurement of materials and services
• Determination of possible sources of required supplies identified by the materials planning and control system. 
• Monitoring of deliveries from and payments to vendors

Integration

Purchasing communicates with other modules in the SAP HANA system to seamlessly ensure a constant flow of information.

Procurement

Procurement centers around a general cycle of activities, including all process flow phases that help speed the process of auditing and clearing invoices for payment. 

RFQ and Quotation

Manage and compare requests for quotations issued to vendors.