What are the essential components in SAP MM?

Purchasing involves purchase requisition, purchase order, and request for quotation. Inventory Management covers goods receipt, goods issue, and physical inventory.

The essential components in SAP MM (Materials Management) include Master Data, Purchasing, Inventory Management, and Invoice Verification. Master Data encompasses material master, vendor master, and purchasing info records. Purchasing involves purchase requisition, purchase order, and request for quotation. Inventory Management covers goods receipt, goods issue, and physical inventory. Invoice Verification includes invoice receipt and verification of invoices. These components work together to manage the procurement and inventory processes within an organization.