Categories
SAP Faq

What is SAP software used in the procurement field?

SAP Online Classes provides Best SAP training Online based on current industry standards that helps attendees to secure placements in their dream jobs at MNCs. SOC is one of the most credible ERP SAP Online training provider, offering hands on practical knowledge and full job assistance with basic as well as advanced level ERP SAP Implementation Training. At SOC ERP SAP training Online is conducted by subject specialist corporate professionals with 14+ years of experience in managing real-time ERP SAP projects.

What is SAP software used in the procurement field?

Answer 1

Sheldon Meyer

Supply Chain Management Consultant at Freelancing (2017-present)

I think it would be good to understand more in a broader sense what SAP products are used for and a little history about SAP.

SAP R/3 originally started from a manufacturing origins and is primarily a financial accounting suite. It therefore was developed with manufacturing and accounting in mind. For this reason, as we know, one of the main drivers of manufacturing is supply chain and procurement, so SAP was developed to be a fully integrated manufacturing system which offered procurement, accounting and planning as a fully integrated backbone. It later became far more developed and integrated into other aspects of business to include things like shipping, warehousing, production planning/production, HR etc. to what it is today, a fully integrated end to end business system.

So, SAP procurement functionality therefore covers all procurement activities, from vendor management, tendering, vendor performance as well as tracking and inventory management to the full procurement cycle.

The below graphic is a very good representation of the procurement activities overview of what SAP covers

Leave a Reply

Your email address will not be published. Required fields are marked *

×
Placement Report
What is SAP software used in the procurement field?

What is SAP software used in the procurement field?
×
Interview Questions
What is SAP software used in the procurement field?

What is SAP software used in the procurement field?
×
Learn More
What is SAP software used in the procurement field?

What is SAP software used in the procurement field?
×
Sign Up Now
What is SAP software used in the procurement field?

What is SAP software used in the procurement field?
×
Join Us
What is SAP software used in the procurement field?

What is SAP software used in the procurement field?
×
Get started
What is SAP software used in the procurement field?

What is SAP software used in the procurement field?
×
Buy Now
What is SAP software used in the procurement field?

What is SAP software used in the procurement field?
×
Download Course Content
What is SAP software used in the procurement field?

What is SAP software used in the procurement field?
×
Call Back
What is SAP software used in the procurement field?

What is SAP software used in the procurement field?
×
Ask for Demo
What is SAP software used in the procurement field?

What is SAP software used in the procurement field?
×
Enquiry
What is SAP software used in the procurement field?

What is SAP software used in the procurement field?
×
Please fill form to see Video
What is SAP software used in the procurement field?

What is SAP software used in the procurement field?
×
Schedule Your Demo
What is SAP software used in the procurement field?

What is SAP software used in the procurement field?
×
Apply for scholarship