SRM
Quick answer
Learn SRM through its core processes, its master data and configuration, and its integration with the rest of the SAP landscape.
Key takeaways
- SRM covers supplier-facing procurement beyond basic purchasing: self-service requisitioning, strategic sourcing and bidding…
- SRM integrated with MM (purchase orders, goods receipts) and FI.
- Self-Service Procurement: employee requisitioning.
- Watch out: Learning features, not the end-to-end process.
What SRM does
SRM covers supplier-facing procurement beyond basic purchasing: self-service requisitioning, strategic sourcing and bidding, contract management and supplier collaboration. It aimed to streamline and control indirect and strategic procurement across the organisation.
Key capabilities
- Self-Service Procurement: employee requisitioning.
- Strategic Sourcing: RFx, bidding, auctions.
- Contract Management.
- Supplier collaboration.
How it fits
SRM integrated with MM (purchase orders, goods receipts) and FI. In modern landscapes, its role is filled by SAP Ariba (cloud sourcing, procurement and the Ariba Network) and by S/4HANA’s own sourcing and procurement, integrated together, so learning gravitates toward Ariba and S/4HANA procurement.
Learning it
Learn SRM through its core processes, its master data and configuration, and its integration with the rest of the SAP landscape. Hands-on practice cements it.
Common pitfalls
- Learning features, not the end-to-end process.
- Ignoring integration with finance and neighbouring areas.
- Skipping master data/configuration the process depends on.
Want to learn this properly?
Our live, instructor-led SAP Training covers this hands-on, with real projects and a certification path.
Check your understanding
Which statement is true of SRM?
- A. NetWeaver release notes cover the classic application-server platform underpinning many SAP products (ECC…
- B. Variables in ABAP hold the data your program works with.
- C. It aimed to streamline and control indirect and strategic procurement across the organisation.
Show answer
C. It aimed to streamline and control indirect and strategic procurement across the organisation.
Covered in the “What SRM does” section of this lesson.
Which of these also applies to SRM?
- A. Following steps without understanding the concept.
- B. Using in production without testing.
- C. SRM integrated with MM (purchase orders, goods receipts) and FI.
Show answer
C. SRM integrated with MM (purchase orders, goods receipts) and FI.
Covered in the “How it fits” section of this lesson.
Which part of the Learn SAP curriculum covers SRM?
- A. SAP examples
- B. SAP certification
- C. SAP modules hub
Show answer
C. SAP modules hub
This lesson sits in the SAP modules hub section of the Learn SAP course.