Here are three examples of the digitalization of industrial companies with SAP SRM (Supplier Relationship Management) for supplier relationship management:

1. Efficient Supplier Management: Through digital transformation with SAP SRM, industrial companies can optimize their supplier management. The electronic management and monitoring of supplier profiles, contract terms, delivery performance, and quality criteria enable more efficient handling of purchasing activities through the automation of order and payment processes.
2. Real-Time Transparency in the Supply Chain: SAP SRM provides improved transparency and traceability throughout the entire supply chain. Industrial companies can monitor supplier evaluations and performances in real-time to identify bottlenecks, delays, or quality issues early and take appropriate actions. This contributes to enhancing supply chain efficiency and reducing risks.
3. Supplier Collaboration and Innovation: With SAP SRM, industrial companies can improve their collaboration with suppliers. Utilizing online collaboration tools and shared platforms enables more effective communication with suppliers, promotes product development, and facilitates the exchange of innovative ideas. This supports the continuous improvement of products, processes, and services and strengthens the company’s competitiveness.

These examples illustrate how the implementation of SAP SRM can contribute to the digitalization of industrial companies. It enables the optimization of supplier relationships, enhances transparency in the supply chain, and strengthens collaboration with suppliers. This leads to more efficient business processes, reduced risk, and increased competitiveness.