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Reply from Paul Byrne on Feb 27 at 8:42 PM Kate
Shan's answer is better than mineBut just to clarify SRM and CRM are different SAP modules.
Paul
| | | ---------------Original Message---------------
From: Shan Chockalingam
Sent: Thursday, February 27, 2014 8:29 PM
Subject: What is SAP Supplier Relationship Management - SRM?
Hi Kate,
I would like to answer this in 2 aspects - 1. Systems or SAP modules. 2. Business Functionality.
1. SAP originally introduced the core modules - MM,SD,PP,FICO whicj are run in SAP R/3 or SAP ECC. Later on introduced new dimensional products - CRM,SRM APO, etc. These new modules/systems are originally developed by various owners under different name (Business Buyer Professional, Enterprise Buyer professional) and purchased by SAP which renamed them to suit there sales strategies. These products can function with or without SAP core modules (CRM with SD, SRM with MM, APO with PP) depending on clients requirements.
2. MM is generally intensively used for Manufacturing industries where inventory management is a key element as most of their products required to kept in stock. SRM is intensively used in services industry where their majority of the purchase is either services or goods for immediate consumption and their requirement is to purchase and pay and not bothered about tedious inventory management administration work - Goods receipt, Goods Issue, Stock takes. Other reason is to monitor their spend so that better contracts can be negotiated using SRM.
Some companies will use both MM (Raw Material, WIP, Finished salable Goods) and SRM (Service, Consumables,etc)
Hope this helps.
Regards,
Shan |
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