What sort of materials master would you create for a company that procures millions of non-standard products? Surely, Millions of materials cannot be created because the materials being procured would be of a huge variety and usually not standard. For instance, procurement in an EPC Oil & Gas organization a lot of times consists of procuring specific custom made (fabricated) items. Hence, specific materials that comprise the fabricated item would need to be procured and this always varies.
I know material categories can be created but for the material numbers, How would one configure a materials master list for this? or is it necessary to have one at all?