Topics Covered -

• SAP MM Demo and Roadmap Discussion
• Workshops, Learning, and Job Preparation
• Gaining Experience and Business Applications
• Comprehensive Course for Aspiring Consultants
• Experience Over Certification in SAP
• SAP MM Content Library Development
• Purchase to Pay Cycle Explained
• Converting Purchase Requisition to RFQ
• SAP Purchase Order Creation Process
• Effective Questioning and Training Overview
• SAP MM Training and Career Path
• Internship Requirements and Video Tutorials

Summary

SAP MM Demo and Roadmap Discussion

Parminder led a demo session on SAP MM, covering the roadmap for becoming a SAP MM consultant. He emphasized the importance of understanding the basics of SAP before diving into specific modules. He introduced Kunal, who would be taking the attendees into the system and covering other aspects of the course. Parminder also encouraged attendees to ask questions via the chat window. The session was interactive, with attendees from various backgrounds, including end users, business users, and consultants. Parminder also mentioned that the session would be followed by a question and answer session.

Workshops, Learning, and Job Preparation

Parminder discussed the upcoming workshops on January 5th and 12th, which will cover the basics of SAP MM and S/4 Hana Sourcing and Procurement. He emphasized the importance of learning in a group environment and encouraged participants to find a learning buddy. Parminder also highlighted the availability of recorded sessions and live instructor-led training for a total of 40 hours. He stressed the importance of revising concepts and practicing in the system. Additionally, he mentioned the availability of a one-year access to live sessions and the importance of preparing a good CV for job applications.

Gaining Experience and Business Applications

Parminder emphasized the importance of gaining experience and confidence in the job market. He advised participants to update their CVs and apply for jobs, even without completing a course, to gain practical exposure and interview experience. Parminder also highlighted the need for understanding the business application of their knowledge, rather than just learning a module or tool. He suggested that participants should aim to convert their knowledge into business applications to help businesses. Parminder also mentioned the availability of a mentorship program for one-on-one guidance and support. He concluded by stating that the majority of job seekers face challenges due to a lack of experience and understanding of business applications.

Comprehensive Course for Aspiring Consultants

Parminder discussed the importance of a comprehensive course for aspiring consultants, which includes a 60-70 hour self-paced course and a 2-week internship program. The course covers all aspects of an implementation project, from handling business questionnaires to end-to-end configurations. Parminder emphasized that this course is essential for gaining confidence and practical experience, which is crucial for success in the field. He also mentioned a mock interview product and an upcoming AI tool for interview practice. Parminder stressed that experience holds more weight than certification, and encouraged participants to gain practical experience through the internship program.

Experience Over Certification in SAP

Parminder emphasized the importance of experience over certification in the SAP industry. He advised against pursuing certification too early, as it can be overwhelming and not necessarily useful for a career. Instead, he recommended gaining practical experience first, then considering certification. Parminder also highlighted the need for individuals to put in their own efforts and not rely solely on the tools and resources provided. He mentioned that he had added more resources, including 200+ hours of videos, to help with additional queries and learning. He also mentioned the creation of a server access product and additional videos to address common errors encountered during system practice.

SAP MM Content Library Development

Parminder discussed the development of a comprehensive content library for SAP MM modules, emphasizing the need for concise, high-value content. He introduced the Gurukul program, a one-year intensive training program for those not currently working, and the Mastery Bundle, which includes 11 products to help become a consultant. Parminder also mentioned the upcoming SAP interview tool, expected to be available in 3 to 4 months. Kunal, a 7+ year experienced SAP MM consultant, was introduced as the trainer for the upcoming workshops on the procure to pay scenario.

Purchase to Pay Cycle Explained

M discussed the Purchase to Pay (P2P) cycle, explaining its various stages and the roles of different departments. The cycle starts with a purchase requisition, followed by a request for quotation, analysis, and selection of a vendor. The purchasing department then creates a purchase order, which is issued to the selected supplier. Once the material arrives, the warehouse team conducts a goods receipt and the vendor sends an invoice. The P2P cycle ends with invoice verification and payment to the vendor by the finance department. M also highlighted the importance of master data and organizational structure in running the P2P cycle. He demonstrated how to create a purchase requisition in the SAP system, emphasizing the system's guidance on required inputs.

Converting Purchase Requisition to RFQ

M discussed the process of converting a purchase requisition to a request for quotation (Rfq) and issuing it to different suppliers. The Rfq was created and issued to two suppliers, with each providing a price for the material. The system analyzed the quotations and suggested going with the first supplier, which was more economical. The quotation was then accepted by creating a purchase order. M also explained the different codes for creation, editing, and display of transactions. The process concluded with the purchase order being created with reference to the quotation.

SAP Purchase Order Creation Process

M discussed the process of creating a purchase order in SAP, emphasizing the importance of maintaining all necessary details. He explained how the system auto-populates certain fields based on the master data and organizational elements created. M also demonstrated how to issue a purchase order to a supplier and how to track the receipt of goods against the purchase order. He highlighted the implications of posting a goods receipt document, such as the creation of a material document and the recording of subsequent actions under the purchase order history. Finally, M showed how to view the stock of a material using the T code MMB.

Purchase to Pay Cycle Explained

M discussed the Purchase to Pay (P2P) cycle, explaining its various stages. He detailed how a purchase order (PO) is created, issued to a supplier, and the subsequent receipt of goods and invoice. M also explained the importance of invoice verification and the creation of a material document. He clarified that the PO remains open until all goods are received and the invoice is verified. M also addressed a question about partial deliveries, explaining that the PO must be closed once all goods are received, even if some items are still to be procured. He concluded by explaining the full form of P2P, which stands for Procure to Pay, indicating the cycle's start with requisition and end with payment to the vendor.

Effective Questioning and Training Overview

Parminder emphasized the importance of understanding how to ask questions effectively, particularly in a professional setting. He advised the team to avoid using all caps when asking questions, as it can be perceived as yelling. Parminder also clarified that the training sessions are not meant to be comprehensive, but rather to provide a brief overview of the processes. He encouraged the team to focus on learning specific modules and processes in detail through the provided training materials. Parminder also addressed specific questions from the team, including the process of gate entry in SAP, the registration process for new vendors, and the awarding of contracts to vendors who have quoted for the full scope.

SAP MM Training and Career Path

Parminder discussed the training structure for SAP MM and sourcing and procurement. He explained that the training is divided into two parts: Mastery and Excellence. Mastery covers the majority of transactions in GUI, while Excellence is self-paced and focuses on the end-to-end cycle with the Fury. He emphasized the importance of learning SAP MM for those interested in becoming consultants or key users. He also clarified that no coding experience is required to become a functional consultant. Parminder encouraged participants to follow a specific path to become consultants, including gaining implementation project experience. He also highlighted the future demand for SAP MM professionals, suggesting that learning multiple modules and gaining deeper knowledge in the field would provide a competitive advantage.

Internship Requirements and Video Tutorials

Parminder addressed various queries from the team. He clarified that for the internship, one needs to have both mastery and excellence bundles, and complete 70% of the mastery. He also mentioned that the internship is ongoing and new batches are started every 4th month. He encouraged the team to complete their mastery and then join the internship in the following months. Parminder also mentioned that there are over 2 hours of video tutorials on SAP best practices as part of the excellence course. He ended the conversation by wishing everyone a great day ahead.