SAP MM - Master Data Configuration
In SAP MM (Materials Management), master data refers to the foundational data elements that are essential for managing materials-related processes within an organization. Master data serves as the core dataset for procurement, inventory management, and production planning activities. Some key types of master data in SAP MM include:
Material Master Data: The Material Master contains information about all the materials that an organization uses in its business processes. This includes raw materials, finished goods, semi-finished products, spare parts, and consumables. Material master data includes attributes such as material description, material type, base unit of measure, storage locations, valuation data, purchasing data, and sales data.
Vendor Master Data: Vendor master data contains information about the suppliers and vendors that provide materials or services to the organization. This includes vendor names, addresses, contact details, payment terms, delivery terms, and other relevant information. Vendor master records are used for creating purchase orders, managing vendor relationships, and tracking vendor performance.
Purchasing Info Records: Purchasing Info Records contain information about the purchasing conditions and terms agreed upon with specific vendors for specific materials. This includes pricing conditions, delivery schedules, minimum order quantities, and other purchasing details. Purchasing Info Records are used for determining the source of supply and obtaining price information during the procurement process.