SAP Supplier Relationship Management
SRM is SAP’s solution for managing the procurement and support of the goods and services a company needs day in and day out. Just as SAP CRM manages the relationship between a company and its customers, SAP SRM helps to optimize and manage the relationship between a company and its suppliers.
As another one of SAP’s more mature offerings, it’s no surprise that SAP’s Supplier Relationship Management is well integrated with other mySAP Business Suite components. For example, SRM integrates seamlessly with PLM, enabling a high degree of collaboration between product buyers and parts suppliers. Bidding processes are streamlined as well. All this naturally impacts mySAP ERP as well, because financial and logistics ...
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