Supplier Relationship Management (SRM) is a comprehensive approach, backing up the process of management and procurement, which improves delivering products and services necessary for business operations.
SAP SRM ensures innovative methods of coordinating company business processes connected with key suppliers and makes them more effective. This SRM software enables the optimisation of shopping strategies and orders in order to improve the management of suppliers and obtain long-term benefits in mutual relationships. With SAP SRM companies can study and predict shopping behaviours, shorten procurement cycles and cooperate with partners in real time. The system also allows for the management of individual orders of the company’s employees and coordinate tenders.