SRM stands for Supplier Relationship Management.

It's very effective for the companies which has large

number of users whom can directly purchase the material

using the Shopping Cart screen for which the materials can

be selected from the available Catalogs.

It's a extended form of ERP where data gets transferred

between SAP R/3 and the SRM screen(vice versa)which will

work in Internet so that the every Vendor coordination will

be more better and which will fully avoid the paper work

and unwanted confusions.