Friday, June 16, 2017

Latest SAP SRM Multiple choice Questions and Answers pdf

11. Provide an example of decoupled deployment scenario in SAP SRM?
Consider a customer who wants to use the standalone model for certain indirect materials and routine services, the classic scenario for stock materials to utilize inventory and planning capabilities of backend materials management system, the extended classic scenario to perform effective supplier management to provide response for PO’s.

12. What is a Contract? Can you place multiple contracts for similar goods in SAP SRM Contract Management?
In SAP SRM, contract is defined as a negotiation between a supplier and an organization for supply of goods and material or delivery of services within defined terms and conditions in a specific time period. These contracts are placed at central secure location to resolve the lack of visibility into contract across the different groups.
This allows you to manage different local contracts with different terms and conditions for the similar type of goods.

13. What is the benefit of using Central Contract management process?
Central contract management allows buyers form different part of company from different locations to take advantage of negotiated terms and conditions. The terms and conditions are transitioned into a central contract and to be distributed to local purchasing group to perform procurement process for the company.

14. How do you perform SAP ERP integration with SAP SRM to perform upload of Contracts?
To upload the central contracts and to schedule agreements from SAP ERP system to SAP SRM system, you can use program BBP_CONTRACT_INITIAL_UPLOAD. As per your configuration these contracts are loaded and scheduled from ERP to SAP SRM system.

15. How do you perform a search for Contracts in SAP SRM?
To perform contract search you can use TREX search engine. This search engine is provided with SAP SRM but you have to install it and run program to create indexing for all the available contracts. You should run program BBP_TREX_INDEX_ADMIN that creates a new indexes for existing documents and helps you to perform indexing for all new or changed documents when a contract is saved.

16. What is Live Auction Cockpit LAC?
LAC web presentation server is a J2ee based software application. This provides user with an option of real time bidding, real time monitoring and reverse auction options.
Apart from these technology component also includes SAP Process Integrator for integrating processes from different systems, SAP GUI for configuration and R/e plug in for data exchange between one or more R/3 systems and other components.

17. How do you upload and manage central contracts in ERP?
You can upload contracts in SAP ERP system by going to SAP ERP Central Component ? Logistics ? Materials Management ? Purchasing ? Outline Purchase agreements with vendors ? Contract ? Central Contract ? SRM Central Contract

18. Is it possible to edit a completed central contract?
No

19. What are the different fields in a Central contact?
You can see different tabs- header tab, overview tab and distribution tab in a Contract. In overview tab go to fill the item details and general header data.

You can fill the below details in a contract:

Target Quantity and value:
In this field, you need to enter the target quantity and target value. This defines the quantity which shows the number of units to be purchased from a supplier in a time period.

Release Value:
It is defined as accumulated value of all POs against the central contract.

Basic Contract:
Now if you define a contract as basic contract, it only contains header data and conditions and you can’t put line items and cannot be distributed to a catalog.

Item Category:
Under item category, you can define following options -

Normal:
When you define item category as normal, it must contain a product category.

Product category:
Under product category, you need to define a target value and a product category item always refer to all connected catalogs.

20. When a contract is set to completed status?
When a contract is expired or released status and you select close contract, the status of contract is set to complete and this is irreversible status.
You can search the completed contracts and use them as template for creating new contracts.

Read More Questions:
SAP SRM Interview Questions Part1
SAP SRM Interview Questions Part2
SAP SRM Interview Questions Part3
SAP SRM Interview Questions Part4

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