Introduction to SAP
SAP (Systems Applications and Products in Data Processing)
is the most popular and widely spread ERP solution across the world. It’s easy
integration with all the departments in a company from finance to production
has been a big boon for large-scale companies looking to manage and monitor
SAP assists companies in solving complex business scenarios, providing proper analytical data to make precise decisions. SAP has been a hot topic and an essential skill to adopt by individuals eyeing to excel in their career.
SAP Module List
1) SAP MM (Materials Management)
SAP MM Module comes under the logistics department, supports procurement and inventory process. It includes material planning, purchasing, inventory management and invoicing.
2) SAP SRM (Supplier Relationship Management)
SAP SRM deals with the procurement of goods. Businesses can procure direct and indirect materials, which can be integrated with SAP ERP modules and other non-SAP backend systems for accounting and planning.
3) SAP FICO (Financial Accounting and Controlling)
SAP FICO is a financial module that helps companies maintain their financial records like accounts payable, receivable and general ledger accounting.
4) SAP SD (Sales and Distribution)
SAP SD module deals with storing products and seller information. It also manages the billing, shipping and transportation of products and services.
5) SAP SCM (Supply Chain Management)
SAP SCM helps the organization in production planning, business forecasting and demand and supply analysis.
6) SAP PLM (Product Lifecycle Management)
SAP PLM plays a crucial role in product planning, design, manufacturing the product or service. This system aids companies to oversee production with greater visibility and more control.
To know more about these modules, please enroll for iKalpa's training program.