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You need to know the basics of SAP S/4HANA Sourcing and Procurement

In this guide series, we'll explain the key innovations in SAP S/4HANA Sourcing and Procurement.

You need to know the basics of SAP S/4HANA Sourcing and Procurement.

SAP S/4HANA Sourcing and Procurement is a comprehensive suite of solutions that support the procurement process from planning through execution. It is an integral part of SAP S/4HANA and offers a wide range of innovations based on the latest technologies (such as machine learning and big data) as well as new UI5-based applications for a simplified user experience. SAP HANA Cloud Platform is used for integration with other solutions, such as Ariba, Concur, Fieldglass, Hybris solutions, and SuccessFactors solutions. SAP C_TS450_2020 exam dumps are the key of success.

The suite includes solutions that were formerly called “on-premise” (such as self-service procurement, contract management, supplier relationship management [SRM], and advanced planning), as well as solutions that were formerly called “cloud” (such as Ariba solutions).

Reference: https://training.sap.com/certification/c_ts450_2020-sap-certified-application-associate---sap-s4hana-sourcing-and-procurement---upskilling-for-erp-experts-g/

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SAP C_TS450_2020 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Master Data and Enterprise Structure Configuration8% - 12%- Define enterprise structure for procurement
- Configure vendor master, material master, and organizational levels
Topic 2: Consumption-based Planning8% - 12%- Set up reorder point planning and forecast-based planning
- Identify and process inventory planning functions
Topic 3: Sources of Supply and Source Determination<8%- Define priorities, block sources, and use catalogs
- Maintain source lists and quota arrangements
Topic 4: Procurement Processes8% - 12%- Apply components of standard procurement processes
- Manage purchase requisitions and purchase orders
Topic 5: SAP S/4HANA Essentials8% - 12%- Navigate using SAP Fiori user interface
- Explain SAP S/4HANA architecture and innovations
Topic 6: Valuation and Account Determination<8%- Determine material valuation and price control
- Configure account determination and valuation areas
Topic 7: Inventory Management8% - 12%- Perform physical inventory procedures
- Execute goods receipts, goods issues, and transfer postings
Topic 8: Procurement Configuration8% - 12%- Configure settings for procurement processes
- Define document types, number ranges, and item categories
Topic 9: Logistics Processes in SAP S/4HANA8% - 12%- Integrate procurement with other logistics modules
- Analyze end-to-end logistics workflows
Topic 10: Purchasing Optimization<8%- Execute features for optimized purchasing
- Implement release procedures and approval workflows
Topic 11: SAP S/4HANA Innovations in Sourcing and Procurement>12%- Maintain purchasing info records, contracts, and scheduling agreements
- Execute major procurement processes in SAP S/4HANA
- Identify simplifications and new/changed functions

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