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What is SAP?

SAP stands for Systems Applications and Products in Data Processing. SAP, by definition, is also the name of the ERP (Enterprise Resource Planning) software as well as the name of the company. SAP Software is a European multinational, founded in 1972 by Wellenreuther, Hopp, Hector, Plattner, and Tschira. They develop software solutions for managing business operations and customer relationships.

SAP system consists of a number of fully integrated modules, which cover virtually every aspect of business management.

SAP is no.1 in the ERP market. As of 2010, SAP has more than 140,000 installations worldwide, over 25 industry-specific business solutions, and more than 75,000 customers in 120 countries.

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About SAP MM

SAP MM (Material Management) covers all tasks within the supply chain; including consumption-based planning, purchasing, vendor evaluation, and invoice verification. It also includes inventory, production planning, and warehouse management.

SAP MM is used by many big or small manufacturing, retail, and other organizations to efficiently manage raw materials and consumables. Material Management as a process ensures no shortage of materials or any gaps in the supply chain process of the organization. SAP MM speeds up the procurement and material management activities, making the business run smoothly with full-time and cost efficiency.

It deals with managing the materials (products and/or services) and resources of an organization with the aim of accelerating productivity and reducing costs. At the same time, SAP MM is quite versatile to accommodate frequent changes in any business environment.

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About Infodal-

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