SAP Supplier Relationship Management
In today’s highly competitive world, managing your sourcing, procurement and supplier relationships isn’t just important. It’s essential. Strong procurement management directly affects your bottom line: reducing the cost of purchased goods and services increases profitability even without increasing sales. Many businesses are seeking to increase bottom-line cost savings delivered by sourcing and procurement functions. By focusing on procurement operations as profit centers, forward-looking companies are strengthening supplier relationships and making procurement a more strategic partner in the organization.
Supplier Relationship Management’s easy-to-use functionality will help you achieve the operational and strategic goals of your procurement organization. Gaining the full value of your investment requires a clear understanding of how each component aligns with your enterprise or department processes. The SAP Supplier Relationship Management (SAP SRM) application automates, simplifies, and accelerates procure-to-pay processes for goods and services. With SAP SRM, you can reduce procurement costs, build collaborative supplier relationships, better manage supply bases, and improve your bottom line with innovative offerings and a faster time to market.
A well implemented installation of SAP SRM will allow you to:
- Monitor and manage spending throughout your organization
- Compare vendor prices
- Evaluate supplier performance
- Identify duplicate contracts
- Collaborate with suppliers
- Measure compliance with your organization’s procurement policies
- Manage and reduce costs
Nikka offers true business consulting services to analyze and optimize your procurement processes and data. Nikka, with its dedicated focus on SAP, knows SRM and its maturing components. Backed by our product expertise, we take the time to understand your objectives so that we deliver an SRM implementation tailored to achieve your vision.
Once you’ve decided to use SAP SRM to manage your procurement activities, Nikka is the ideal implementation and integration partner. We provide end-to-end project implementation, including end user training, solution-set documentation (process maps, specifications and test documentation), and post go live system support. We’ll convert your data to work within SAP SRM and, if you choose, install the tools and processes to automate the communication of your purchasing data sets with your supply base.
Our highly professional staff has experience with all SRM scenarios and SRM components and systems. We also can provide SAP SRM Business Intelligence (BI) solutions to meet your SRM reporting needs.
Our team of SRM professionals guides your organization through a process of education and discovery to enable procurement processes that produce open collaboration and achieve synergies between your internal resources, your suppliers and your partners.
If you choose to implement internally then Nikka can help you with their expert workforce to help you in achieving success in implementing the SAP SRM.