Infosys BPM SAP MM Consultant Interview Questions and Answers

Consignment stock is inventory that is owned by the supplier but stored at the customer's location until it is used or sold.

• Consignment stock is owned by the supplier but stored at the customer's location.

• The supplier retains ownership until the stock is used or sold.

• The customer only pays for the stock when it is used or sold.

• Consignment stock can help reduce inventory costs for both the supplier and customer.

• Examples...read more

The t-code to extend material in SAP MM is MM01.

• MM01 is used to create a new material master record.

• It allows you to extend the material to different organizational levels, such as plants or storage locations.

• You can enter all the relevant information for the material, such as description, unit of measure, pricing, and accounting data.

• Once the material is extended, it can be used in various SAP MM processes like purcha...read more

The standard purchase organization is a purchasing entity within SAP MM that represents a legal entity or a group of plants.

• It is used to define purchasing parameters and strategies for a specific group of plants or company codes.

• It helps in streamlining procurement processes and ensuring compliance with purchasing policies.

• It can be assigned to multiple plants or company codes.

• It allows for centralized purchasing and ...read more