SRM 7.0

[Former Member]

WHAT ARE TNE NEW FUNCTIONALITIES IN srm 7.0

Regards,

Ashish

[Former Member · Accepted solution]

New in SRM 7.0

The following are some key developments in the first SRM 7.0 release that demonstrate the Business Suite concept. This is not an exhaustive list of new functionality (more to come in future blogs).

ERP and SRM Harmonization

The challenge in coupling processes from two different applications, SRM and MM, is an inconsistent user interface depending on the application serving the process step. To address that challenge, the applications now follow a consistent and streamlined floor plan that achieves a consistent look and feel throughout the process. We worked with our customersu2019 end users to develop these floor plans for objects, quick activities, and guided procedures and further tested the user interfaces with our customer influence groups. The new user interfaces streamline user interaction with the system by mitigating the number of clicks and reducing scrolling.

Not only did we achieve a consistent look and feel across procurement processes, but also we consolidated business objects to a single screen to streamline processes for the purchasing role. Purchasers can now search and access all their business documents, such as ERP and SRM purchase orders, on a single, customizable power list called a Personal Objects Work List (POWL). On the POWL, users can define their workspace by assigning documents, and creating various queries and views. As proof to the power of the POWL, 8 steps of a 12-step use case to create a purchase order can be performed on the single POWL screen.

Service Procurement

The Service Procurement development in SRM 7.0 is a prime example of how SRM and MM can come together in the Business Suite to enable a process. In SRM 7.0, the focus for Service Procurement development is complex services procurement u2013 more specific, planned maintenance and construction scenarios. The specification for these complex services is often captured in a service hierarchy. The Services module within MM (MM-SRV) does a very good job of enabling a requisition-to-invoice process for these complex services. Moreover, SRM 7.0 brings sourcing and supplier collaboration capabilities to the process, as well as a catalog repository for the hierarchical service specifications. Thus, as the picture shows, SRM enhances the MM-SRV process as bidders will be able to bid on the detailed service specifications, and winning suppliers will be able to create service entry for the detailed specifications in Supplier Self Services (SUS) (among other functions).

Central Contract Management

SRM 7.0 will also deliver a central contract repository for procurement contracts. The central contract repository will leverage the SRM contract capabilities, such as hierarchies, discounts, and versioning, and make contracts available as a source of supply in SRM and ERP. All information related to the contract, such as contract call-offs and recognition of rebates/discounts, can be accessed centrally in the central contract repository. It is worth noting that this is not the same as Contract Lifecycle Management, which provides the legal contract authoring functionality and central contract repository for all contracts. Central Contract Management in SRM 7.0 refers to the outline agreement that is used to achieve compliance in the operational procurement process.

Sourcing Enhancements

As mentioned above, one of SRMu2019s core contributions to the Business Suite is Sourcing, which has been developed in SRM for some time. Accordingly, purchasers can leverage that development from ERP. Purchasers can start a RFx process in SRM directly out of ERP, either through the Sourcing Cockpit or by directly creating a bid invitation. All related information to that request, such as status, can be accessed in ERP.

Thanks and Regards,

Manu

[Former Member]

Hi Ashish,

Please check the following Service Marketplace link for details on SRM 7.0 :

https://websmp104.sap-ag.de/srm

Also see:

Service Marketplace --> Release and Upgrade Info --> Installation and Upgrade Guides > SAP Business Suite Applications> SAP SRM --> SAP SRM Server 7.0

Thanks,

Pradeep

[Former Member]

Hello,

Please find the Collaterals/Presentations, Delta & Level2- Release Information, Live Expert Sessions/Recorded Sessions on SRM7.0.

http://service.sap.com/srm

You might find this blog useful.

/people/michael.jud/blog/2008/09/10/srm-70-in-the-business-suite

SAP help is updated with SRM 7.0 content

http://help.sap.com/saphelp_srm70/helpdata/en/74/344c430fab4d0bbc30996d56cc293a/frameset.htm

Hope this helps.

Thanks

Ashutosh