Tuesday, 16 December 2014

Outline the Functions Supported by Material Master?


The Material Master is the central master record catering to various business functions in Logistics. The data stored in this master support a variety of business functions and operations such as:
􀂃 Production Planning
􀂃 MRP
􀂃 Procurement
􀂃 Invoice Verification
􀂃 Inventory Management
􀂃 Product Costing
􀂃 Sales and Distribution
􀂃 Quality Management
The data is stored, within a material master, at different organizational levels. The general data is valid for all the Company Codes at the Client level. The purchasing information is valid at the plant level. The sales information is valid at the sales organization/distribution channel. Lastly, when Warehouse Management is activated, the data is maintained at the warehouse number/storage type level.


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