An SAP MM interview is one of the major steps to having a successful career in enterprise resource planning. Interview questions with SAP MM are crucial for providing a candidate with the elements needed to excel in the interviews. Here are the ultimate SAP MM interview questions and answers so you can nail your next interviews and get the job. With some practical examples to make it easy to understand.
Generally Asked SAP MM Interview Questions
What is SAP MM?
Answer: Within the SAP ERP system, procurement and inventory management functions are integrated into a comprehensive module for streamlined operations. Crucial to a manufacturing business process or trading, it maintains the procurement and inventory functions.
For example: A company could need raw materials for manufacturing. SAP MM helps track and manage the procurement process; it monitors the inventory.
What are the major components of SAP MM?
Answer: The most basic components of SAP MM include the following- Procurement, Inventory Management, Material Master Data, and Invoice Verification.
For example: The orders for raw materials are placed by procurement in a factory and the inventory is through material master data. All of the information one would need to know about the material they wish to procure is contained in such data. Finally, invoice verification ensures that the supply invoice agrees with the products received for the correctness and authenticity of transactions.
Explain the procurement process in SAP MM.
Answer: The process begins with a need established before creating a quotation and determining the choice of vendors to be used. In the second stage, goods are received while at the same time a purchase order is developed as well as the supplier’s invoice.
For example: If a company requires new parts for its machinery, a purchase requisition initiates the process. The parts are then received from the supplier selected by ordering and getting them delivered.
Purchase Requisition in SAP MM
Answer: A purchase requisition is an internal document stating the requirement of a material or service from any department. This initiates the process of procurement.
For example: When the maintenance requires new tools in its department, it will formulate a purchase requisition stating what it needs. The document will be reviewed and approved before proceeding to make the actual purchase.
Purchase Order in SAP MM
Answer: It’s an official request issued to a supplier to procure goods or services under specified terms and conditions.
For example: After the selection of the vendor for new tools, purchase orders are prepared and forwarded to the chosen vendor. In this document, the said letter mentions the quantity, price, delivery date, and other terms regarding the purchase.
Describe a Goods Receipt in SAP MM.
Answer: A GR is a document that is used to represent the receipt of materials into the inventory. It updated the inventory and verified that the goods received corresponded to the details provided on the purchase order.
For example: A GR for the tools is generated once the goods are delivered. The goods receipt states the items and quantities that had been received.
Material Master Record in SAP MM?
Answer: A material master record is a comprehensive file holding all the information a company might need to control relating to a material. It includes data on purchasing, inventory control, accounting, and so on.
For example: For the newly purchased tools, a material master record could consist of a number, description, unit of measure; purchasing group, and storage location.
What is a Vendor Master Record in SAP MM?
Answer: A Vendor Master Record carries all the information relating to a vendor that an organization will be required to control. It holds all data, which also includes specifics about the name of the vendor, his address, etc.
For example: A vendor master record for the tool supplier would include the supplier’s name, bank account information, payment terms, and contact details.
Conclusion
While you prepare for an SAP MM interview, it is a must to make your concepts and examples strong. Familiarity with the practical application of these SAP MM interview questions may be of great aid in building an indispensable groundwork for the interview. Do not forget to review the basics of procurement, inventory management, and master data. This is a very important base for the SAP MM interview questions. With proper preparation, you will have every reason to smile at the interview time and brighten an interviewer’s question with a confident answer.
In simple words, the SAP MM interview questions module is one of those fields under enterprise resource planning where various opportunities can be seen. To test one’s knowledge of the system, the SAP MM interviews and tests the practical aspects and their applications. Study these questions and examples to ensure that you get a high chance for this, and start a fulfilling career path in SAP MM. Good luck with your interviews
There will be a crystal and simple overview of SAP MM interview questions with their practical examples.