I find that some recruit advertising request the applicant has knowledge of
SAP I M Module, what does it mean? As far as I know the latest version
which is R/3 system.
- 1 decade agoFavorite Answer
SAP IM MODULE - INVENTORY MANAGEMENT
WM Warehouse Management
...Subdivides the Storage Location used in the MM sub-module Inventory Management that already defines inventory values by high-level location, into Storage Types, Storage Sections and then into Storage Bins. WM allows control of stocks to a physical level down to a warehouse bin or, if batch-managed, to the batch level within a bin. Placement and removal strategies can be configured, and physical inventory and cycle counting can be done at this finite level.
HOWEVER, IT CAN ALSO MEAN:
SAP-IM (Investment Management)
The potential significance of SAP's Investment Management module (IM) is too often overlooked when considering the management of complex enterprise projects. Nevertheless it should in most cases be considered when designing scalable project management solution that center around SAP.
SAP IM is a tool designed to enable program management in SAP. Program management as defined by SAP in that context means the process of defining a hierarchy on top of many projects with the purpose of planning and controlling costs, including project appropriation management and budget authorizations. Its strongest integration points, besides PS, are with the SAP Controlling (CO) and Asset Management (AM) modules.
While IM was originally developed for the budgeting and high-level management of capital investment initiatives, its functionality has been extended to allow its use for similar functions. It simply is a tool that can perform such functions on top of any kind of PS projects.
YOU MAY REFER TO THE FOLLOWING WEBSITES FOR MORE DETAILS:
p.s. Maybe you can sometimes deduce the meaning of IM Module (whether it means inventory or investment management) by the nature of the job.