India is becoming a manufacturing hub in the world. Due to the large requirement of production-related jobs, the mechanical industry has evergreen scope. We can complete our basic needs by using all manufactured products, right from a small pin to large products.
Students who have completed a diploma, bachelors in mechanical engineering can work as a Production or quality engineer and ITI students can work as a technician in manufacturing companies. The growth in packages is very limited for lower and middle-scale companies. In some companies, there is high physical work for production engineers and technicians.
From the year 2005 to 2015, there was a very large scope for manufacturing companies because the prices of petrol and diesel were low. Now the prices of petrol and diesel have raised day by day. People want a good solution to the problem. E- Vehicles are manufactured on a large scale in India. So the mechanical market is directly shifted to the electrical domain. Scope of the mechanical engineers is now a day is very limited.
Production engineers are shifting to mechanical and e-vehicles design fields for the growth in the industry. But again the growth is limited for it. The packages which are offered by companies are only in intermediate levels. So, students or working people choose the IT industry for the growth of their careers. Continuously, the IT sector is developing day by day. Internet of things, Artificial intelligence Machine learnings are playing a significant role in the development of the mechanical and IT sector.
A business process is also part of the development in the industry. Here ERP software will come into the picture. Enterprise resource planning software is used to manage and integrate the whole business of the company. If we compare SAP with other software, others are only dealing with some departments but SAP ERP software is used for almost all types of departments. Students from Mechanical, Electrical, civil engineers, BSC, MSC, BTECH, MTECH, MBA in Supply chain management background can easily do their career in the SAP Material Management module. Material management is related to logistics and supply chain management activities, Sourcing and procurement, vendor development, material, inventory management.
Material and vendors are the key resources to grow into the business. The business process starts with the purchase requisition of materials from the vendors, sending requests for quotations to multiple vendors, creation of purchase orders, creating of goods receipts, creating invoices, and the process ends with the payment to the vendor. The material management module also consists of the creation of new material and vendors, the prize determination process of vendors. SAP MM module is strongly integrated with financial accounting and controlling.
SAP MM module has a wide range of scope in the manufacturing and IT field. Let us take one practical example to understand the actual working of the SAP. Supose ABC Pvt. Ltd. is the manufacturing company that wants to implement SAP software. Currently, they are using the traditional method for running the business process. ABC Company will buy servers from SAP and the IT team will be responsible for developing the customized SAP software. So SAP MM will have a lot of opportunities in both fields.