5.10    Summary

In this chapter, we discussed the business partner concept for vendor master maintenance and new sourcing logic in SAP S/4HANA. We then reviewed how SAP S/4HANA helps you in resolving material shortage situations for externally procured materials, simulation functions, and streamlined change management processes for change requests to vendors for external procurement.

We also reviewed how SAP S/4HANA helps you in self-service procurement, managing purchase requisitions, and managing source of supply

You learned how SAP S/4HANA natively integrates with Ariba Network and enables buyers and suppliers to work in a collaborative environment to exchange purchasing and invoicing documents, as well as native integration of SAP S/4HANA and SAP Ariba sourcing to identify sources of supply for purchase requisitions from SAP S/4HANA.

We looked at procurement analytics and how SAP Fiori apps help you in providing visibility to procurement spend, real-time KPI-driven analytics to monitor operational and strategic procurement activities in operational procurement, contract management, and supplier evaluation.

The next chapter covers the sales management process in SAP S/4HANA, and the integration to SAP Hybris.