Automate, simplify, and centralise your procure-to-pay process flow. 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.
“A Successful SRM deployment leads to greater business control and improved supplier performance. Effectiveness SRM requires stratification of suppliers, establishing a clear supplier engagement model, and deploying a process to effectively measure and manage supplier relationships.”
A single, fully audited centre for supplier segmentation, communications, management and measurement, encourages stakeholders and suppliers to be active participants in your SRM processes.
Automatically apply a pre-configured set of management actions and activities against suppliers based on their tier, enabling good management across large supply chains.
Comprehensive dashboards and analytics allow quick and easy cross-supplier comparison by sector and tier. You can also achieve a 360° view of your supplier relationships and scorecard data.
Surveys and scorecards can sit alongside automated data feeds from other systems and data providers, to deliver a real-time vision of supplier KPIs and risk factors.
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