To use Smart Materials, you need a license key to get access to different modules in Smart Materials. However, the Master Data module is available for all types of licenses.
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The SPMAT (MAT in ISL) license gives you access to all the modules in Smart Materials.
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The MSCM (MSC in ISL) license gives you access to the Agreement, Companies, Expediting, Planning, Traffic, and Master Data modules.
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The Integrator (MIM in ISL) license gives you access to the Integrator and Master Data modules.