Ask a Question
x

Choose Country Code

x

Direction

x

Ask a Question

  • Ask a Question
  • Scan a Question
  • Post MCQ
  • Note: File extension must be of jpg, jpeg, png, bmp format and file size must not exceed 5 MB
x

Ask a Question

x

Hire a Tutor

Answers and Solutions

What's Your Question?
Answer
SAP Supplier Relationship Management supports the full e-procurement cycle: from source- and purchase-to-pay to spend and supplier performance management. It can help you streamline operations, enforce compliance with contracts and purchasing policies, and improve overall spend management.SAP SRM is integrated with SAP MM in some organisation for better Procurement process
Answer
SAP supplier relationship management (SRM) is used with enterprise resource planning (ERP), product lifecycle management (PLM) and supply chain management (SCM) applications to ensure an effective implementation of cross-application business processes. This chapter discusses how SAP SRM evolved from a B2B solution, defines the SAP components involved in SAP SRM, and explains how SAP SRM can help procurement professionals build strategic supplier relationships and streamline the procure-to-pay process.
Answer
SRM Is one of SAP's standalone module or area of work. It stands for Supplier Relationship Management and typically suitable for People with experience on Material Management, working with Suppliers, Vendors Management etc. If you are having a query about your current qualifications and if you are planning for an SAP course, do let us know, as there are many things to understand you as an individual, your education vs your experience and whether you will do justice to the decision and investment made while choosing a module in SAP.

Post Answer and Earn Credit Points

Get 5 credit points for each correct answer. The best one gets 25 in all.

Post Answer