ERP S/4 HANA MM (Procurement)

Placement Point Solutions specializes in ERP S/4 HANA Sourcing and Procurement, a transformative module designed for modern procurement challenges. This module focuses on key areas like Operational Procurement, Contract Management, Supplier Management, and Procure-to-Pay processes.

Leveraging the advanced capabilities of the ERP HANA database, it offers real-time analytics, streamlined procurement operations, and enhanced supplier collaboration. ERP S/4 HANA Sourcing and Procurement is essential for businesses seeking to optimize their procurement processes, reduce costs, and improve supplier relationships through efficient, data-driven decision-making.

Syllabus:

• Module 1: Introduction to ERP S/4 HANA MM
• Overview of ERP S/4 HANA MM module
• Importance of materials management
• Benefits of using ERP S/4 HANA MM
• Role of ERP S/4 HANA MM in supply chain operations
• Module 2: Master Data Management
• Managing material master data
• Vendor master data management
• Purchasing info records
• Source list maintenance
• Module 3: Procurement Processes
• Requisition processing
• Purchase order creation
• Vendor evaluation and selection
• Contract management
• Module 4: Inventory Management
• Goods receipt processes
• Goods issue processes
• Stock transfer processes
• Physical inventory management
• Module 5: Invoice Verification
• Invoice receipt and verification
• Three-way match process
• Credit memo processing
• Automatic payment programs
• Module 6: Material Valuation
• Standard price valuation
• Moving average price valuation
• LIFO/FIFO valuation methods
• Material ledger and actual costing
• Module 7: Purchasing Analytics
• Purchase order analytics
• Vendor performance analysis
• Spend analysis
• Procurement KPIs tracking
• Module 8: Material Requirement Planning (MRP)
• MRP process overview
• MRP run scheduling
• Planning parameters setup
• MRP results analysis
• Module 9: Source Determination
• Source determination strategies
• Source list creation
• Quota arrangement setup
• Subcontracting procurement
• Module 10: Contract Management
• Contract creation and maintenance
• Contract release strategy
• Contract monitoring and tracking
• Contract expiration and renewal
• Module 11: Supplier Relationship Management (SRM)
• Supplier collaboration
• Supplier performance evaluation
• Vendor rating and ranking
• Supplier relationship analytics
• Module 12: Invoice Processing
• and more