Sap Mm Interview Questions Accenture
Sap Mm Interview Questions for Accenture
SAP MM (Material Management) is a crucial module in SAP ERP system and is responsible for managing the procurement and inventory processes of an organization. For your interview at Accenture for a SAP MM role, you may be asked questions related to your knowledge and experience with the module, its configuration, integration with other SAP modules, and any challenges you have faced while implementing MM in a project. You may also be asked about your understanding of key MM concepts such as material master data, purchase orders, invoices, and the procurement lifecycle. It is important to showcase your technical expertise, problem-solving skills, and experience in handling MM in real-world scenarios to ace the interview.
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1 - What is the purpose of Material Management (MM)?
Material Management (MM) is a crucial part of SAP that deals with the procurement and inventory management of materials in an organization. It focuses on managing the complete lifecycle of materials from procurement to payment and ensures efficient utilization of resources.
2 - What are the key modules in SAP MM?
The key modules in SAP MM are purchasing, inventory management, valuation and account determination, invoice verification, material planning, and warehouse management.
3 - What are the different procurement processes in SAP MM?
The different procurement processes in SAP MM are procurement of stock material, procurement of consumable material, procurement of external services, and procurement for stock transfer from one plant to another.
4 - What is a purchase requisition?
A purchase requisition is a document that informs the procurement department about the materials or services required by a department or user. It is the first step in the procurement process, and once approved, it is used to create a purchase order.
5 - What is a purchase order (PO)?
A purchase order is a document that is sent to a supplier requesting the delivery of materials or services at a specified price and quantity. It is a legally binding document that authorizes the supplier to fulfill the requested procurement.
6 - What is a goods receipt?
A goods receipt is a document generated when the materials are received from the supplier. It is used to confirm the receipt of goods and update the inventory records.
7 - What is a goods issue?
A goods issue is a document generated when materials are issued from the inventory for internal purposes or to a customer. It is used to record the consumption of materials and adjust the inventory.
8 - How does SAP MM handle inventory management?
SAP MM handles inventory management by providing real-time visibility of stock levels, monitoring stock movements, and triggering automatic replenishment processes. It also supports physical inventory management, stock valuation, and cross-plant stock transfers.
9 - What is material valuation in SAP MM?
Material valuation in SAP MM is the process of determining the price of materials in the inventory based on standard cost, moving average cost, or actual cost. It is used for financial reporting and inventory valuation.
10 - What is consignment?
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Consignment is a special type of procurement process where materials are procured from a vendor, but ownership remains with the vendor until the material is consumed by the company. This process allows for delayed payment and reduced inventory carrying costs.
11 - What is a release strategy in SAP MM?
A release strategy is a predetermined set of criteria that determines the approval of a purchase requisition or purchase order. It helps in automating the approval process and ensures proper authorization.
12 - How does SAP MM integrate with other SAP modules?
SAP MM integrates with other SAP modules such as Finance (FI), Sales and Distribution (SD), Production Planning (PP), and Quality Management (QM) to share relevant data and streamline processes.
13 - What is the purpose of material type in SAP MM?
Material type in SAP MM classifies materials based on their attributes and controls the behavior of materials in various processes. It allows for standardization and efficient material management.
14 - What are the different types of material in SAP MM?
The different types of material in SAP MM are raw materials, semi-finished products, finished products, trading goods, consumable materials, and spare parts.
15 - How does SAP MM support vendor management?
SAP MM supports vendor management by providing a vendor master data that contains detailed information about the supplier and their products, tracking vendor performance, and facilitating communication and collaboration with vendors.
16 - What is a Purchase Info Record (PIR)?
A Purchase Info Record (PIR) is a record used in SAP MM to store information about a material from a specific vendor, such as prices, ordering details, and delivery times. It simplifies the procurement process by providing a central reference for purchasing from a specific vendor.
17 - How does SAP MM handle subcontracting?
SAP MM supports subcontracting by allowing materials to be sent to a vendor for further processing. The vendor then returns the finished product or performs a partial assembly, and the materials are consumed upon receipt.
18 - What is a goods receipt/invoice receipt (GR/IR) account?
A goods receipt/invoice receipt (GR/IR) account is a temporary clearing account used in SAP MM to temporarily hold the difference between the goods received and the invoice received from the vendor. It is reconciled at the time of invoice verification.
19 - How does SAP MM handle price determination?
SAP MM supports price determination by providing different methods to set prices for materials, such as standard cost, moving average cost, and actual cost. It also allows for price comparison and updating prices based on contracts or current market conditions.
20 - What is the purpose of the MRP (Material Requirements Planning) module in SAP MM?
The MRP (Material Requirements Planning) module in SAP MM is used for material planning and helps in determining the quantities of materials needed to fulfill production or sales orders. It considers factors such as lead times, stock levels, and supplier capacities to ensure timely availability of materials.
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