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Component: MM
Component Name: Materials Management
Description: The quantity of material needed in a plant at a certain point in time.
Key Concepts: In SAP Materials Management (MM), a requirement is a need for a certain material or service. It is created when a user or system triggers an event that requires the procurement of goods or services. The requirement can be for either an internal or external source. How to use it: Requirements can be created manually by users, or automatically by the system. When creating a requirement manually, the user must enter the required material or service, the quantity needed, and the date it is needed by. The system will then generate a purchase order for the required item. Tips & Tricks: When creating requirements manually, it is important to ensure that all necessary information is entered correctly. This will help to ensure that the purchase order is generated correctly and that the required item is delivered on time. Related Information: In SAP MM, requirements are closely related to purchase orders. A purchase order is generated when a requirement is created, and it contains all of the necessary information for procuring the required item.