The core processes involved in Central Procurement are central requisitioning, central purchasing, central purchase contracts, central sourcing, central invoice monitoring, and central analytics.
Through central requisitioning:
- Centrally manage requisitions for all back ends and SAP Ariba solutions
- Utilize central approvals and workflows
- Generate self-service goods receipts and manage returns
Through central purchasing:
- Manage purchase orders centrally while executing locally
- Provide support for central lead buyer concept/shared services for procurement operations
Through central purchase contracts:
- Create, manage, and distribute central contracts
- Monitor aggregated purchase contract consumption
Through central sourcing:
- Bundle purchase requests for contracts or RFQs
- Manage bids and quotations
- Create central contract/ back-end PO from quote
- Update info record and source list
Through central invoice monitoring:
- Centrally view, monitor, and process supplier invoices
- Navigate to back-end transaction
- Enable invoice processing and posting
Through central analytics:
- Track central purchase contract consumption
- Analyze global PO spend
- Monitor purchase orders and requisitions centrally
To view this diagram in detail, refer to page 23 of the Course Diagrams PDF.
