Suppliers once were just a source of goods. But today companies expect their suppliers to play a larger role, providing value they can pass on to their customers. SAP Supply Relationship Management solution lets companies evaluate their supply and sourcing strategy to lower procurement costs. It also helps them work more closely with their suppliers to build beneficial long-term relationships. HP offers the comprehensive solutions that handle complex challenges of deploying a SAP SRM system.
SAP SRM has sourcing tools that monitor spending, help identify supply sources and compress source cycling times. It also can help companies automate and streamline their procurement processes, and lets suppliers maintain product information and manage orders using a special portal.