SAP S/4HANA Sourcing and Procurement (SAP S/4 HANA MM)
Learn and discover methods to automate, analyze, and centralize purchasing procedures and organizational expenditure within SAP S/4HANA Sourcing and Procurement.
Course Duration
Approx 80 Hours
ADMISSION OPEN
Enrolment closes on 22 May, 2025 Want to know more?
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Duration: 3 Months
Mode: Online / Classroom
Batch Start Date
12 May, 2025
26 May, 2025
Rs. 50,000
Onward
What's it all about?
SAP S/4HANA Sourcing and Procurement is a cloud-based solution designed to streamline procurement processes onto a single platform. It offers standardized features that can be customized to suit the specific requirements of any organization. Leveraging machine learning analytics, real-time insights, and advanced tools, businesses can analyze spending patterns and mitigate risks, leading to informed decision-making and streamlined operations in sourcing, purchasing, and payments.
Delve into integrating personalized workflows, automations, and adaptable configurations tailored to each company’s needs in procurement, supply chain, sourcing, and contract management.
Unleash the Power of SAP S/4 HANA Sourcing and Procurement
Learning Mode Options
- Choose your preferred learning mode from classroom and virtual training options.
- Experience hands-on learning with expert instructors in an interactive classroom setting or join virtual sessions for flexibility.
Eligibility
- Fresher or Experienced Graduate or Postgraduate
- This course is suitable for professionals aspiring to enhance their skills in SAP S/4 HANA Sourcing & Procurement.
- No prior SAP experience is required, making it accessible to beginners and experienced professionals alike.
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Course Objectives
1. Understand the fundamentals of SAP S/4 HANA Sourcing and Procurement.
2. Gain proficiency in executing procurement processes using SAP S/4 HANA.
3. Learn to manage suppliers effectively and optimize supplier relationships.
4. Develop strategies for strategic sourcing and cost savings.
5. Master contract management within the SAP S/4 HANA environment.
6. Acquire practical experience through hands-on exercises and case studies.
Course Overview
This comprehensive course is designed to equip participants with the knowledge and skills required to effectively utilize SAP S/4 HANA for sourcing and procurement activities within modern enterprises. Through a combination of theoretical learning and practical exercises, participants will gain a deep understanding of procurement processes, supplier management, strategic sourcing, contract management, and more.
Module 1: Introduction to SAP S/4 HANA Sourcing and Procurement
- Overview of SAP S/4 HANA and its significance in procurement
- Introduction to sourcing and procurement processes
- Key features and functionalities of SAP S/4 HANA Sourcing and Procurement
Module 2: Procurement Processes
- Purchase requisition processing
- Purchase order management
- Goods receipt and invoice verification
- Procurement analytics and reporting
Module 3: Supplier Management
- Supplier onboarding and registration
- Supplier qualification and evaluation
- Supplier performance management
- Collaboration with suppliers using SAP S/4 HANA
Module 4: Strategic Sourcing
- Strategic sourcing methodologies
- Spend analysis and category management
- Negotiation and contract management strategies
- Supplier relationship management
Module 5: Contract Management
- Contract creation, approval, and monitoring
- Contract compliance and risk management
- Contract lifecycle management
- Integration with other SAP modules (e.g., SAP Ariba)
Module 6: Inventory Management
- Inventory planning and optimization
- Inventory planning and optimization
- Material valuation and inventory accounting
- Inventory reporting and analysis
Module 7: Purchase Orders and Invoicing
- Purchase order creation and processing
- Invoice verification and processing
- Handling discrepancies and exceptions
- Payment processing and reconciliation
Module 8: Hands-on Exercises and Case Studies
- Practical exercises to reinforce learning objectives
- Real-world case studies to apply theoretical knowledge in practical scenarios
- Guidance from experienced instructors to navigate SAP S/4 HANA Sourcing and Procurement processes effectively
Assessment
- Regular quizzes and assignments to assess understanding and progress
- Final project to demonstrate mastery of SAP S/4 HANA Sourcing and Procurement concepts
Certification
Upon successful completion of the course and assessment, participants will receive a certificate of completion in SAP S/4 HANA Sourcing and Procurement.
Job Role in IT as SAP Consultant
- Upon completion, participants will be equipped to take on roles as SAP S/4 HANA Sourcing & Procurement Consultants.
- Explore career opportunities in leading IT firms, consulting companies, and multinational corporations.
- Unlock new career prospects and elevate your professional journey in the dynamic field of SAP consulting.
Embark on your journey to mastery in SAP S/4 HANA Sourcing & Procurement with Initium Learning. Choose your preferred learning mode, dive into comprehensive course content, and prepare for a rewarding career as an SAP consultant.
Unlock your potential today!
FAQ
What is SAP S/4 HANA Sourcing and Procurement?
SAP S/4 HANA Sourcing and Procurement, also known as SAP S/4 HANA MM, is a module within the SAP S/4 HANA suite specifically designed to streamline and optimize procurement processes within organizations.
Why should I choose SAP S/4 HANA Sourcing and Procurement?
SAP S/4 HANA Sourcing and Procurement enables businesses to achieve greater efficiency, cost savings, and transparency in their procurement operations. By mastering this module, you can enhance your career prospects in the field of SAP consulting and procurement management.
How can Initium Learning help me with SAP S/4 HANA Sourcing and Procurement training?
Initium Learning is renowned as the best SAP training institute, offering comprehensive courses on SAP S/4 HANA Sourcing and Procurement. Located in Pune, it’s the ideal choice for those seeking SAP training near them.
What will I learn in the SAP S/4 HANA Sourcing and Procurement course at Initium Learning?
At Initium Learning, you’ll gain in-depth knowledge of procurement processes, inventory management, vendor management, and material valuation using SAP S/4 HANA MM. Our expert instructors will ensure you grasp the concepts effectively.
Is SAP S/4 HANA Sourcing and Procurement certification important for my career?
Absolutely! With SAP S/4 HANA Sourcing and Procurement certification from Initium Learning, you’ll distinguish yourself as a skilled professional in SAP procurement solutions. This certification can significantly boost your career opportunities in SAP-related roles.
How long does it take to complete the SAP S/4 HANA Sourcing and Procurement course?
The duration of the SAP S/4 HANA Sourcing and Procurement course at Initium Learning varies based on the program you choose. However, our comprehensive training ensures you acquire the necessary skills efficiently.
Where can I find the best SAP institute in India for SAP S/4 HANA Sourcing and Procurement training?
Initium Learning stands out as the best SAP institute in India, offering top-notch training on SAP S/4 HANA Sourcing and Procurement. With our focus on practical learning and industry-relevant skills, we ensure you’re well-prepared for real-world challenges.
How do I enroll in the SAP S/4 HANA Sourcing and Procurement course at Initium Learning?
Enrolling in the SAP S/4 HANA Sourcing and Procurement course at Initium Learning is simple. You can visit our website to learn more about the course details, schedule, and enrollment process. With our convenient location in Pune, you can easily access the best SAP training near you
