What is the purpose of material master in SAP MM?

The Material Master in SAP MM serves as the central repository for all information related to materials that an organization procures or produces. It contains details such as material type, vendor information, pricing, inventory levels, and other relevant data.

Having a complete and accurate Material Master is crucial for efficient material management and procurement processes in SAP MM. It helps in streamlining purchasing, inventory management, and production planning, ultimately improving operational efficiency and reducing costs.

Overall, the Material Master plays a vital role in ensuring data integrity, consistency, and accuracy in managing materials within the SAP MM module, leading to better decision-making and optimized supply chain processes.