SAP Supplier Relationship Management

Overview/Description
Supplier relationship management (SRM) involves collaboration with suppliers that are crucial to the success of an enterprise. The goal of SRM is to maximize the value of the collaborative relationships with suppliers. SAP SRM represents a strategic approach to procurement and supply that is tightly integrated with other components of the SAP Business Suite. This course provides an overview of the concept of SRM and leads into detailed content concerning SAP's approach to SRM. The course introduces the two main components of SRM: Procurement and Sourcing. Some of the more common concepts such as requisitions, order management and receipt, as well as supplier sourcing are described in some detail.

Target Audience
Individuals who plan to use SAP's Business Suite 7 applications to perform basic business functions within their organizations

Expected Duration (hours)
1.5

Lesson Objectives

SAP Supplier Relationship Management

recognize the steps in the SRM procurement process

recognize the benefits of using SRM

recognize the procedure for displaying a shopping cart in SRM

select suppliers who would benefit from using Supplier Self-service to process orders

recognize the procedure for confirming receipt of goods in SRM

perform procurement transactions using SRM applications

recognize how SRM is used during supplier identification

recognize procedures for managing vendor groups in SRM

distinguish between supplier negotiation applications

recognize the procedure for evaluating a vendor

determine the preferred bidder given a scenario

perform sourcing transactions using SRM applications