Can you explain the concept of Material Master in SAP MM?

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Concept of Material Master in SAP MM

The Material Master in SAP MM is a crucial data repository that contains all the information about materials that a company procures, produces, stores, or sells. It serves as the central source of information for managing materials in SAP systems.

Key attributes stored in the Material Master include material type, description, unit of measure, pricing, valuation, and procurement details. It allows organizations to effectively manage and track materials throughout the supply chain.

Overall, the Material Master plays a significant role in inventory management, procurement, production planning, and other key processes within SAP MM.

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