Purpose

The ITWORKS ERP Material Master serves as a comprehensive repository of information encompassing all the materials acquired, manufactured, stored, and sold by a company. Positioned at the heart of the company's operations, this masterful resource is instrumental in retrieving material-specific details. These crucial insights are meticulously stored within distinct material master records, each tailored to accommodate various perspectives, including Basic Data, Valuation, Plant-Specific Data, and Sales-Specific Data.

Seamless Integration for Holistic Efficiency

The intrinsic value of the material master is highlighted by its seamless integration across every facet of the ITWORKS ERP System. By consolidating material data within a singular database entity, redundancy in data storage is effectively eliminated. Within the ITWORKS ERP System, the wealth of information contained within the material master assumes paramount importance, particularly in functions such as:

• Purchasing: Streamlining the ordering process
• Inventory Management: Facilitating goods movement postings and physical inventory management
• Invoice Verification: Enabling precise invoice postings
• Sales and Distribution: Enhancing sales order processing
• Production: Optimizing work scheduling and production activities
• Planning: Facilitating strategic planning and scheduling endeavors
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• One of the exceptional features of the material master lies in its configurability. Tailored to meet specific requisites, the Material Master can be customized in the Customizing section. This flexibility ensures alignment with unique organizational demands, thus empowering businesses to wield the Material Master as a strategic advantage.
• • Customizing: Adapting the Material Master to Precise Needs