» SRM (Supplier Relationship Management)
Full form or SAP SRM stands for (Supplier Relationship Management), used along with SAP Product Lifecycle Management (PLM), Enterprise Resource Planning (ERP) and Supply Chain Management (SCM) to enable effective integration and implementation of cross-application business modules; is highly efficient and has the capability of lowering costs and ensuring higher quality.
SAP SRM offers one of the best means of planning and managing the various aspects and interactions of an organization with the key suppliers of raw materials, goods and services. This SAP module helps in better coordination of diverse Business Processes with vendors and other external parties, thus establishing stronger tie ups and creating the right grounds for maintaining long term relationships with the primary suppliers of the enterprise. Having its roots in B2B solutions, SAP SRM appropriately defines the various SAP components, explains the ways of building strategic supplier relationships and streamlines the relevant procure-to-pay processes.
SAP SRM, one of the most important modules of SRM products, has been giving good performance over time. Some of the primary tasks performed by SAP SRM are:
Specifically designed for qualified project participants, an advanced course in SAP SRM requires a thorough understanding of the SAP ERP Systems. A minimum experience of at least one year in handling the SAP environment is a must and candidates desirous of enrolling themselves should have a profile equivalent to SAP consultants.
An effective module for employees and project members handling the SRM solutions of a company, SRM team members, members of material management, MM Consultants, inventory managers, operational purchasers, project managers, buyers, end users and procurement managers; SAP SRM is a much-favored choice by organizations across the world.
With a SAP SRM certification in hands, professionals can look forward to highly paid jobs in reputed companies worldwide. This certification enhances the portfolio of existing SAP professionals, project members and/ or consultants - in many more ways than one. The job profiles available to SAP SRM aspirants range from those of consultants to super users, trainers, SAP managers and beyond.
SAP SRM certification provides opportunities for highly paid jobs worldwide. This certification opens a gateway for enhancing the portfolio of existing personnel or project members or consultants.
The Job profile varies from SAP SRM consultant, senior SAP SRM consultants, SAP Super user etc.
These job profiles vary on the basis of the skills and levels of experience of job applicants and boast of lucrative salary packages. Here, the pay packages may go as high as INR 900 K and are dependent on the nature of the job on hand and the implemented processes.
SAP SRM courses offer inc - depth knowledge and the skills required for the proper handling of SRM automation.
The topics included in the course:
|Course Name and Code||Duration||Cost (Rs.)|
|SAPSRM- Overview of the SAP SRM solution||3 days||1,40,000 to 1,60,000|
|SRM210- SRM Server Configuration||5 days||2,10,000 to 2,60,000|
|SR210E- SRM Server Configuration (E-learning)||1200 Min||65,000 to 70,000|
|SAPSRE- Overview of the SAP SRM solution - Free with SAP Learning Hub Discovery edition||720 Min||30,000 to 40,000|
NIIT, Accenture, IBM and other SAP certified institutes offer SAP SRM courses that promise to increase the skill sets of candidates and open more doors for their career in SAP. The duration of these courses vary in accordance to the levels of skills imparted and may range from 5 to 45 days. The course fee also varies from one institute to the other and ranges between INR 40,000 to 3.5 lacs. After getting the requisite training and hands on experience of SAP SRM, candidates may like to invest an extra INR 30 - 45K to get the SAP SRM certification.
This course is best suited for: