Well, I am core SCM chap and believes money saved in purchasing is as good as increasing the sales!
Nowadays the organizations are supply chained in complex network and needs its strategic buyer to concentrate on strategic purchasing and increasing supplier stability (on-time delivery, quantity and quality deliverables and other factors). Many regulatory compliance must be adhered (particularly for public sector companies). Approvals and Payments should have auditable trails.
New emerging markets and technologies help purchaser to get better in market.
SAP offered SRM (EBP - Enterprise Buyer) which enables employee (internal customer!) to put the purchasing requirement in special channel. As solution grew, the offerings of SRM and integration with other modules became strong.
New SRM version 7 is based on SAP's EHP (Enhancement Package) technology and offers well integrated solution (if its SAP ERP then its one of the best possible integration). There are many features which organization can explore.
Nowadays the organizations are supply chained in complex network and needs its strategic buyer to concentrate on strategic purchasing and increasing supplier stability (on-time delivery, quantity and quality deliverables and other factors). Many regulatory compliance must be adhered (particularly for public sector companies). Approvals and Payments should have auditable trails.
New emerging markets and technologies help purchaser to get better in market.
SAP offered SRM (EBP - Enterprise Buyer) which enables employee (internal customer!) to put the purchasing requirement in special channel. As solution grew, the offerings of SRM and integration with other modules became strong.
New SRM version 7 is based on SAP's EHP (Enhancement Package) technology and offers well integrated solution (if its SAP ERP then its one of the best possible integration). There are many features which organization can explore.