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InterviewSolution
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What Is Srm And Why Should A Company Add This Module To Its Sap Application? |
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Answer» SRM means supplier RELATIONSHIP MANAGEMENT. Just as a ROBUST company puts in an EFFORT to develop customer relationships, the company should strengthen its procurement processes by automation and efficiency. SRM can examine and forecast the company’s purchasing PATTERN, work with vendors in real time, and shorten procurement cycles. SRM means supplier relationship management. Just as a robust company puts in an effort to develop customer relationships, the company should strengthen its procurement processes by automation and efficiency. SRM can examine and forecast the company’s purchasing pattern, work with vendors in real time, and shorten procurement cycles. |
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