What is an SRM system?What is the role? How does the enterprise apply the SRM system?

Many enterprises adopt management systems to improve the level of enterprise management and realize resource sharing within the enterprise.In enterprises, the most widely used are ERP systems, OA systems, HR systems, and CRM systems.In recent years, the SRM system has gradually attracted the attention of the business community.

What is an SRM system?

The main function of the SRM system is for customers in supply chain, warehousing, finance and other departments. The previous SRM system was based on expensive network access, plus hardware facilities such as local servers, routers, and firewalls.Both require professional software and hardware teams to maintain, which is why only a few companies adopt SRM systems.

In recent years, with the popularity of the Internet, the network speed has become faster and the charges are cheaper.And with the popularity of cloud servers, the investment in the SRM system will also be greatly reduced, because the SRM system has entered many companies.

SRM supplier management system mainly realizes effective collaboration with suppliers, including: supplier life cycle management, sourcing management, bidding, sample management, procurement demand allocation, order, delivery, quality, finance, etc.

The application of the SRM system to suppliers can significantly improve the communication and coordination efficiency between procurement personnel and suppliers, reduce reconciliation time, reduce procurement costs, standardize procurement processes, and prevent procurement risks, thereby realizing enterprise digital procurement.

How is the SRM system used?

Many companies will take measures to strengthen supply chain management after realizing the importance of suppliers.In fact, the privatization deployment of SRM supplier management system has great flaws. It can be said that "the SRM supplier management system deployed by enterprise privatization is an island".Why is this?

Although the enterprise adopts a supply chain collaboration system based on privatization deployment, which can coordinate with the supplier's transaction process, there are potential new customers who cannot see it, and potential suppliers who cannot see it, nor can it be timely.Show your abilities and needs fully to strangers.Next will face a series of challenges, including: How to find new suppliers?How to reduce purchase cost?How can I find new customers?How to enhance the company's brand image.

Therefore, enterprises urgently need an open network supply chain platform, such as cloud watch SRM management system, which can not only connect suppliers and customers, improve transaction efficiency, reduce Beijing costs, but also discover new customers and suppliers., timely display the capacity needs of the enterprise, and conduct effective transactions, thereby forming a closed-loop supply channel.

In a word, it can provide enterprises and suppliers with the following aspects: improve procurement strategies, shorten production cycles, reduce process costs, and increase product sales value, SRM system is a system that can maximize benefits for both enterprises and suppliers.