In this session, we have Michael Deller, taking a deep dive with us into what's new with the 2023 release of SAP S/4HANA Cloud Private Edition in the sourcing and procurement line of business. We go through an overview of the functional areas of Sourcing and Procurement, then we zoom in on the latest innovations, all tailored to boost productivity of your operations - from central procurement to product sourcing, and beyond. The innovations include the capability for mass creation or modification of model product specifications, improved accuracy in supplier evaluations through a plant-level factory calendar, and simplification of product sourcing via a dedicated overview page. Additionally, the update also focuses on sustainability with the ability for suppliers to submit carbon footprints. The integration of AI for material group recommendations and provisions for mass changes to centrally managed purchase orders using the SAP Fiori app also adds to the efficiency. Usability enhancements in self-service requisitioning streamline various aspects. We will also refer to SAP Road Map Explorer that helps to get informed of the future of our product road map.
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