Learn Consignment Procurement Process in SAP MM
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Learn Consignment Procurement Process in SAP MM

Learn how to process step by step the execution of Consignment Procurement Process in SAP MM.
4.4 (8 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
442 students enrolled
Created by Sumit Jain
Last updated 7/2015
English
Current price: $10 Original price: $95 Discount: 89% off
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Includes:
  • 39 mins on-demand video
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • Understand the concept of Consignment PRocurement Process in SAP MM
  • Understand the concept of Item Category K in Procurement Process in SAP MM
View Curriculum
Requirements
  • Basic SAP Concepts
  • Procurement Process
  • SAP Access with Internet connection
Description

SAP MM Material Management - Welcome to this training course presentation of the SAP Materials Management - Consignment Procurement Process in SAP MM.

Taking this MM course will help you with everything you need to start your career in working with SAP Purchasing , Inventory Management, Invoice Verification, and many other important areas of any Business.

Overview of the course:

This course will help you to understand the complete flow of Consignment Procurement Process in SAP MM.

This course is structured in three forms:-

1. Introduction

2. Execution Flow of Process Steps

3. Quiz part related to the subject.

This course consists of detailed presentation along with the Live Videos demonstration of the course content.

Anyone who wants to understand the concept of Consignment Procurement Process in SAP, he should opt for this course.

Who is the target audience?
  • All SAP Consultants
  • Procurement Managers
  • SAP MM Consultants
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Curriculum For This Course
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Introduction
1 Lecture 03:26
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Process flow of Consignment Procurement Process in SAP MM
14 Lectures 35:24

Create Vendor Master
02:40

Create Consignment Info Record
02:32

Message Settings
01:49

Create Purchase Requisition
03:09

Release Purchase Requisition
01:14


Release Purchase Order
00:58

Goods Receipt - Consignment Stock
03:17

Consignment Stock Overview
02:09

Goods Issue and Document Display
02:58

Consignment Settlement
02:19

Transfer Posting and Consignment Settlement
03:32

Wrap up of the Course
01:45

Consignment Procurement Process Quiz
3 questions
About the Instructor
Sumit Jain
4.0 Average rating
259 Reviews
1,577 Students
31 Courses
Certified SAP MM Consultant

Over 10 years of experience on SAP MM, IM and WM functional consultant in various SAP R/3 implementations, industries- Process, Manufacturing, Energy and chemical.

Excellent understanding of business processes in Logistics – Material management & Inventory management.

Experienced in 6 full life-cycle implementation phases of a project (ASAP Methodology) - blueprinting, realization, testing ( Unit testing, User acceptance testing, Assembly testing and integration testing ), final preparation, training, documentation, data uploading, go live and post go live (production) support.

Interacted with business partners to understand the AS-IS process and work on developing TO-BEprocess.

Designed, tested and supported for the development of functional specifications for RICEFW objects..

Conducted Business blue printings - Requirement definitions, system/process mapping & solution design.

Worked on different kinds of projects such as New End-to-end implementation projects, Development projects, up gradation projects, Enhancement projects.

Configured MM Organizational Elements: Company code, Purchasing Organization, Plant & Storage loc.

MM-Purchasing/Procurement: Hands on experience in configuring Material Master, Vendor Master, Partner schema, Purchase requisition, Purchases order, Venison management, shelf like check and pricing schemas.

Expertise in designing scenarios like outline agreements, RFQ, source list, info records, quota arrangement, Scheduling agreement, Reservation, Vendor consignment, subcontracting and vendor evaluation.

Inventory Management: Customizing done in Goods Movements, Cross Company and Intra-company Stock Transport orders using Stock Transport order (STO), Subcontracting, Customer and Vendor Consignment & Third Party Orders, Physical Inventory, Cycle Counting.

Configuration of Inventory Management Movement Types, Number ranges for material document of Goods Receipt, Goods Issue, shelf life check for movement types and Stock Transfers- inter and intra company.