Process Re-engineering and Information Systems Migration
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GLOSSARY

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Master Data:  Master Data form a pool of information stored on a long-term basis in the SAP system and can be incorporated into individual transactions. Master data are entered once and can be modified as needed. SAP Example: The master data of a cost center contains the name of the cost center, the person responsible for the cost center, and the corresponding hierarchy area. The master data of a vendor contains the name, address, and bank information for the vendor.
 
Material Group:  A grouping of materials and services according to their characteristics.  SAP Example:  Office supplies - 50005615
 
Material Master Record: A data record containing all the basic information required to manage a material.
 
MM:  The Materials Management application in SAP R/3.  The Purchasing and Inventory Management modules are contained in this application.
 

 








 



 

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