Additional advantages of having SRM in EBP 5.0 compared to EBP 2.0

Hi,
I have just started working on SRM.
Please can anybody help me out by telling the additional advantages of having SRM in EBP 5.0 than having SRM in EBP 2.0 in the foll topics-
   Create & Approve Shopping baskets in EBP System
      - Office Supplies (Staples Punch out catalog)
      - Janitorial Supplies
      - Safety Supplies
      - Packaging items
      - Procurement of Pallets
      - Footwear
      - Paper Products
      - Free Text items (Describe Requirement)
      2 Level Approval Process for all Shopping baskets having value >
1.00 USD
       Account Assignment Category as Cost Centre for all Shopping
baskets
       Leading PO gets created in R/3 ( Classic Scenario)
       All other Follow - On Documents created in R/3 System
       Having both Internal & Punch Out Catalogs (Staples)
your help will be highly appreciated.
Message was edited by: kavita agrawal

Hi Kavita,
As far as I know about the SRM Benifits I am telling u please go through the details.
Before SRM these were the Business Challenges.
Inefficient processes
Manual processes within the company and with suppliers
Manual internal system interfaces
Long procurement cycle times
Roles not standardized for best practices
Value leakage
Off-contract purchasing
Disseminated user requirements and unconsolidated demands
High company-wide level of safety stock
Supplier Disconnect
Offline collaboration
High incidence of unplanned expenditures for services
Offline or disjointed supplier evaluations
Organization not empowered
Lack of visibility into the process or purchasing progress
Reactive management of purchasing staff
To overcome these challanges SRM implemented and SRM is having certain Benefits.
Strategic Purchasing & Sourcing
Supply strategy development
Spend analysis
Supplier selection
Contract management
Catalog management
Operational Procurement
Self service procurement
Services procurement
Plan driven procurement
Supplier Collaboration
Supplier registration
Design collaboration
Order collaboration
Collaborative replenishment
Supplier connectivity
Improve spend visibility and supply strategy
Supply Strategy Development
Demand aggregation & planning
Portfolio analysis
Purchasing strategy planning
Category management
Program management
Purchasing controlling and risk management
Spend Analysis
Global spend
Content consolidation
Reduce errors and compress sourcing cycle times
Supplier Selection
Supplier qualification
Request for quotation / information / proposal
Real time Reverse auctions
Sourcing event analysis
Manage contract compliance
Contract Management
Contract development
Document management
Contract distribution
Contract execution
Contract monitoring
Catalog Management
If this will solve ur purpose award the point for the same.
BR,
Vijay Mittal

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