Supplier Relationship Management

[Former Member]

Hi all,

Can anyone help me what is the difference between SRM & MYSAP SRM.

Is both r same or any difference between them.if so what is the latest version.

[former_member195032]

Hi Mansu,

SRM stands for supplier relationsip Management.This is one of business area where procure to pay scenario is catered.This business scenario takes care of all procurment activity in an enterprise from vendor selection to contract process .It involves procurement activity like handling requirement,placing order,receiving goods and service and invoice processing.

SAP has got a product by name SAP Supplier Relationship Management ,it's old name was mySAP SRM.

This caters need for procurment in any enterprise ,this is a web based solution.

More details can be found at

http://www.sap.com/solutions/index.epx

in SAP Supplier Relationship Management link.

Regards,Nishant

Please reward points if this helps.

[Former Member]

Thanks rajan

[Former Member]

Pl let me know how i shouid reward for ur contribution.