Central(ised) Procurement
In contrast to the separate Purchasing, Inventory Management and Accounts Payable processes offered by ECC, S/4HANA introduces an integrated procurement strategy that unifies Purchasing, Inventory Management, and Accounts Payable processes within a single solution, facilitating a more efficient and streamlined source-to-pay workflow.
SAP S/4HANA Central Procurement provides role-based visibility across the entire ERP landscape, allowing lead buyers to access company-wide contract, requisition, order and spending information.
Purchasers can efficiently manage the sourcing of direct materials for various plants, oversee sourcing projects, collaborate with competitive suppliers, evaluate quotations, negotiate, select the best suppliers and generate necessary procurement documents for operational procurement.
Global oversight of regional and local systems enhances transparency, potentially resulting in cost savings through improved negotiations, reduced maverick spending and enhanced economies of scale.