What is SAP SRM module?

What is SAP SRM module?

SAP SRM (Supplier Relationship Management) is a SAP product that facilitates the procurement of goods via a web-based platform.

What is the latest version of SAP SRM?

The latest version in the market is SRM 6.0.

What are the benefits of SAP SRM?

The main benefits of SAP SRM are coordinating business operations, automating operational workflows, and standardizing goods and services acquisition. SAP Supplier Relationship Management is an ideal solution to manage your supplier relationship, contracts, procurement process speed, and other management related tasks.

What does SRM mean in business?

Supplier relationship management
Supplier relationship management (SRM) is a business initiative that many companies undertake to build mutually beneficial relationships with suppliers. Well-designed SRM programs help companies to increase collaboration by identifying the right suppliers with whom to partner.

How do I find support packages in SAP?

You can go to System menu -> Status . IN the System data section, you can see a lens pictures which is a component information. There you can see the support pack level available in your system.

What is SRM in audit?

SAP SRM – Supplier Self-Service.

What is SRM business?

Supplier relationship management (SRM) is a business initiative that many companies undertake to build mutually beneficial relationships with suppliers. Well-designed SRM programs help companies to increase collaboration by identifying the right suppliers with whom to partner.

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