Logismarket, the Industrial Directory.

Faced with the business demand for sustained profitability, companies of all sizes are looking to sourcing and procurement -- and the bottom-line advantage of managing supplier spend. If you can reduce the cost of purchased goods and services, you can boost profitability -- without increasing sales or sacrificing quality.

With my mySAP Supply Relationship Management (mySAP SRM), you can simplify and automate procurement. You can integrate strategic practices for supplier qualification, negotiation, and contract management more tightly and cost-effectively with other enterprise functions and their suppliers' processes -- through a single analytical framework and support for multichannel supplier enablement.

mySAP SRM is designed as a long-term foundation to secure the cost and quality advantages of center-led purchasing and broadened supplier involvement for enduring value and long-term results. If you are seeking a low-risk way to prove the value of e-sourcing before investing in mySAP SRM, you can use a hosted version of the sourcing software for a temporary period.

With mySAP SRM, you can achieve sustainable savings, value-generating supplier relationships, and faster business innovation.

mySAP Supplier Relationship Management: Features & Functions
mySAP Supplier Relationship Management (mySAP SRM) is built on the technology platform of SAP NetWeaver, enabling multiple levels of suppliers, partners, and manufacturers to work together on the following core supply processes.

• Sourcing -- Expand the role of e-procurement to the next level of added value in the complete purchasing cycle by automating sourcing functions. mySAP SRM can help you tap into new value through better business planning, more effective category management, improved supplier qualification, more efficient supplier negotiation, and better contract management.
• Procurement -- Execute the operational activities of procurement, including requisitioning, ordering, receiving, and financial settlement. With mySAP SRM, you can integrate catalog-based requisitioning with your traditional procure-to-pay process and gain the benefits of e-procurement without losing your back-end enterprise resource planning processes.
• Supplier enablement -- Link suppliers to your purchasing processes via SAP Supplier Network or through the supplier portal or other means. With mySAP SRM, you can choose the optimal interaction channel for numerous business processes and documents and collaborate more effectively with suppliers in supplier-facing-processes.