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Course Outline
Fundamentals of SAP S/4HANA Sourcing and Procurement
- Key innovations and overview of SAP S/4HANA in sourcing and procurement.
- General outline of the procurement lifecycle.
- Essential organizational structures involved in procurement.
- Defining roles and responsibilities within SAP S/4HANA sourcing and procurement.
Master Data Management in SAP S/4HANA Procurement
- Introduction to the master data requirements for procurement.
- The role of the Material Master in procurement operations.
- Vendor master data structures and account group definitions.
- Implementing the Business Partner concept in SAP S/4HANA.
- Utilization of Purchase Info Records and Source Lists.
- Material valuation strategies and their integration into procurement workflows.
Core Procurement Workflows
- Distinction between stock-based and consumption-based procurement types.
- Overview of the Procure-to-Pay process flow.
- Cross-module integration with Materials Management, Finance, and Warehouse Management.
- Detailed steps in the procurement cycle:
- Initiating purchase requisitions.
- Creating and managing purchase orders.
- Processing goods receipts and updating inventory levels.
- Verifying invoices and managing payment cycles.
Procurement Documentation and Setup
- Understanding purchase requisition workflows and approval hierarchies.
- Differentiating purchase order types and their creation methods
- Standard Purchase Orders.
- Managing contracts and scheduling agreements.
- Processes for service procurement.
- Managing delivery schedules, item categories, and account assignment rules.
- Configuring settings for purchasing documents to align with business needs.
Internal and External Procurement Scenarios
- External procurement models: standard, consignment, subcontracting, and stock transports.
- Internal procurement strategies: intra-company stock transfers and centralized purchasing.
- Collaborating with suppliers through Ariba and Supplier Network Collaboration (SNC).
Inventory Control and Goods Transfers
- Inventory management principles within SAP S/4HANA.
- Managing various goods movements: Goods Receipt (GR), Goods Issue (GI), Stock Transfers, and Transfer Postings.
- Synchronizing processes with Warehouse Management.
- Addressing non-valuated goods receipts and batch management procedures.
Invoice Verification Procedures
- Process overview for invoice verification.
- Integration points with Financial Accounting (FI) for vendor billing.
- Resolving invoice discrepancies through blocking, unblocking, and release mechanisms.
- Configuring automatic invoice verification and key system settings.
Analytics and Reporting in Sourcing and Procurement
- Available reporting tools within SAP S/4HANA
- Utilizing Fiori apps for procurement analytics.
- Conducting purchase order analyses and tracking procurement KPIs.
- Evaluating vendor performance and supplier ratings.
- Leveraging SAP S/4HANA embedded analytics for deeper insights.
Advanced Procurement Concepts
- Implementing self-service procurement and integrating with SAP Ariba.
- Strategies for centralized purchasing within SAP.
- Trends in supplier collaboration and procurement digitalization.
- Introduction to SAP S/4HANA Cloud for Sourcing and Procurement.
Cross-Module Integration
- Linking with SAP FI (Finance) for streamlined payment processing.
- Coordinating with SAP WM (Warehouse Management) for logistics and inventory accuracy.
- Integration with SAP MM (Materials Management) modules.
- Connecting with SAP SRM (Supplier Relationship Management) capabilities.
Conclusion and Path Forward
Requirements
- Fundamental understanding of procurement workflows
- Basic familiarity with SAP ERP or S/4HANA
Target Audience
- Procurement specialists
- Purchasing managers
- SAP consultants
28 Hours
Testimonials (2)
It was straight to the point and more practical
Lungelo Ndlela - SNG Grant Thornton
Course - SAP S/4 Hana (S/4Hana)
His calm and collected voice even though at points he was frustrated with the system, but kept his cool…
