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From SAP Global

"The SAP Supplier Relationship Management application (SAP SRM) provides strategic value through sustainable cost savings, contract compliance, and quick time-to-value. Your company is equipped with tools to drive superior results through an end-to-end source-to-pay process. Activities such as spend analysis, requisitioning, sourcing, operational contracts, invoicing, and supplier management are part of an integrated platform."

From the SAP Library

"SAP Supplier Relationship Management (SAP SRM) provides you with innovative methods to coordinate your business processes with your key suppliers and make them more effective. SAP SRM enables you to optimize your procurement strategy, to work more effectively with your supplier pool, and thus to gain long-term benefits from all your supplier relationships.With SAP SRM you can examine and forecast purchasing behavior, shorten procurement cycles, and work with your partners in real time. This allows you to develop long-term relationships with all those suppliers that have proven themselves to be reliable partners. The efficient processes in SAP SRM enable you to cut down your procurement expenses and to work more intensively with more suppliers than ever before."

The following applications within SAP SRM can help companies build on their core supplier relationship management functionality:

  • SAP E-Sourcing application
    • A flexible application for sustainable sourcing
  • SAP E-Sourcing on-demand solution
    • A preconfigured solution for rapid and reliable sourcing
  • SAP Spend Analytics
    • A total solution that helps your companies aggregate, normalize, classify, and enrich spend data through easy-to-use, flexible analytics
  • SAP Contract Lifecycle Management
    • An application that supports proactive management of the contract life cycle for all contract types
  • SAP Cost and Quotation Management
    • An application that aligns the disparate functions of design, sourcing, and costing to enable profitable decision making

ES bundles that utilize SAP SRM

SAP Supplier Relationship Management is a system requirement for the following Procurement ES bundles

Planned ES bundles that will utilize SAP SRM

SAP Supplier Relationship Management will be a system requirement for the following Procurement ES bundles