Central Sourcing provides centralized access and visibility into sourcing process across industries with deep integration into the system landscape. It is connected to the customer's ERP systems and exchanges purchasing documents (such as purchase requisitions, purchase orders, and contracts) in the connected systems.
This scope item offers one platform where a procurement specialist can work centrally on purchase requisitions from multiple ERP systems to identify the ideal source of supply. A request for quotation (RFQ) can be created for multiple requisitions from different ERP systems. The supplier quotations received can be maintained and an RFQ can be awarded. Follow-on actions (like creating a central contract or purchase order in the corresponding ERP system) can be centrally controlled in the hub system.
Strategic procurement tasks including Supplier Management benefit from the transparency and the possibility to initiate strategic activities from a central digital procurement control center.