SCM

Introduction to SRM

Supplier Relationship Management (SRM) is a web-based purchasing platform that delivers sustainable savings and value generation for world-class supply management. It covers the full supply cycle from strategic sourcing to operational procurement and supplier enablement, leveraging consolidated content and master data. SRM enable end-to-end procure-to-pay procurement business processes. It reduces time and cost to qualify suppliers with SAP SRM. It manages suppliers according to goods and services they provide by relevant product categories.