With changing customer demands and expectations, the efficiency of an organisation relates to its ability to cater to market demands in the shortest time possible. To ensure a seamless delivery of products, the business is required to maintain the right stock at the right time. Having an efficient material management process helps prevent supply gaps and shortages of inventory and raw materials and improve the supply chain's efficiency. SAP MM automates material management and procurement activities, making the entire process more competent. Here are some of the top benefits of SAP MM :
* enhances overall inventory management
* minimises and eliminates inventory losses
* reduces the time and labour spent on maintaining inventory
* decreases material wastage by avoiding stocking on obsolete or unnecessary products
* lowers labour costs and optimises labour employment
* minimises manufacturing cycle times
* reduces expenditure on storing unwanted materials
* improves product delivery time
* increases the transparency of inventory management
