No authorization to display material master data

What causes this issue?

No authorization to display the central data of the material master.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Procedure for System Administrators

The user lacks authorization for the authorization object M_MATE_MAN
(central data of material master).

Error message extract from SAP system. Copyright SAP SE.