SAP SRM

Logistics

Definition

SAP SRM (Supplier Relationship Management) is an SAP module that manages the procurement process and interactions with suppliers.

Detailed Description

SAP Supplier Relationship Management (SAP SRM) is a comprehensive solution provided by SAP that streamlines the procurement processes of an organization by managing interactions with suppliers. It facilitates the complete procure-to-pay process, enabling companies to optimize procurement operations, improve compliance with contracts, and enhance collaboration with suppliers. SAP SRM integrates with other SAP modules such as SAP ERP and SAP SCM to provide a seamless procurement experience.

Key Features

Catalog Management
Contract Management
Integration with SAP ERP and SAP SCM
Operational Procurement
Procurement Analytics
Strategic Sourcing
Supplier Collaboration
Supplier Self-Service

Common Modules

SAP Ariba

Cloud-based procurement solution that complements and extends SAP SRM capabilities.

SAP ERP MM (Materials Management)

Handles materials management and inventory control, integrating with procurement.

SAP S/4HANA Sourcing and Procurement

Advanced procurement module in SAP S/4HANA, providing next-generation procurement capabilities.

SAP SCM (Supply Chain Management)

Manages supply chain activities and integrates with procurement for better supply planning.