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Supplier relationship management (SRM) is the systematic, entSAPrise-wide assessment of suppliers. Assets and capabilities with respect to overall business strategy, determination of what activities to engage in with different suppliers, and planning and execution of all interactions with suppliers, in a coordinated fashion across the relationship life cycle, to maximize the value realized through those interactions. At SAP SRM, you'll benefit from a supplier relationship management software application designed to achieve sustainable savings, create value-generating supplier relationships, and speed business innovation.