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SAP SRM - Supply chain management


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Supply management is different than supply chain management, though it can be considered a component of supply chain management. Supply chain management, which can be automated, generally refers to:


  • The oversight and management of materials and services inputs
  • The production process in which those materials and services are used, and
  • The provision of outputs that are generated through the use of the acquired materials and services, which is analogous to the fulfillment of customer requirements.

Supply Management is a complementary discipline that encompasses the alignment of organizations, processes, and systems for strategic sourcing, contract management, supplier management, spending analysis to continuously improve global supply for best-value performance in support of the strategic objectives of the business.

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