Friday, June 16, 2017

Most recently SAP SRM Interview Questions and Answers pdf

1. What is the use of SAP Supplier Relationship Management?
SAP Supplier Relationship Management SRM is SAP product that facilitates the procurement of goods via a web based platform. Organizations can procure all type of products like direct and indirect material, services and this can be integrated with SAP ERP modules and other non-SAP back end systems for accounting and planning.

SAP SRM allows you to optimize your procurement process to work effectively with suppliers to get long term benefits and also to perform forecasting, procurement cycle and to work with partners. You can reduce the time span and costing of procurement cycle using innovative methods to manage business processes with key suppliers.

SAP Supplier Relationship Management supports the full procurement cycle i.e. starting from source and purchase to pay through complete procurement process with suppliers and effectively managing supplier to build long term relationship.

2. What are the key functions that you perform under SAP SRM module?
Catalog Management:
Suppliers can easily manage catalog data and can be easily integrated with business processes like accounting, finance and planning.

Procure to Pay Optimization:
Using SAP SRP product, you can streamline procure to pay life cycle and improve communication with supplier and cost management.

Self Service Procurement:
End users can search products using multiple product catalog and helps them to find and purchase product that are compliant with purchase and procurement policy of the company.

Reporting Functionality:
Using SAP Supplier Relationship management, you can create reports related to procurement activities, compliance and contract management, and managing costing in procurement process.

Contract Management:
You can manage contracts using centralize secure repository that helps to reduce compliance violations and allows end users to follow business processes during self-service procurement.

3. In SAP SRM, where do you create quotations and process them?
Bidding Engine

4. If you want to search a particular product or a supplier, how can you do this?
In SAP SRM portal, you can easily perform search for different products and suppliers. Search criteria is easy to use.
You can also restrict the number of entries in search.

5. What is the use of workflows in SAP Supplier Relationship Management?
Workflows are used to perform easy approvals of PO’s allows organization to perform goods requisition easy and simple.

6. When you install SAP SRM application, what technical components get install with SRM software?
SAP SRM: Software Components
There are various application and technology components that are part of SAP Supplier Relationship management product. Application components include component that are required to create RFx and submit bids, for financial management, BI needs, Enterprise portal for application interaction and other various components to perform different functions.
Technology component consists of NetWeaver Process Integration to integrate with SAP and non-SAP external systems, SAP GUI for configuration, and R/3 plugin for master data.
Let’s see each of the component under application and technology in detail:

SAP Supplier Relationship Management Server:
SAP SRM server includes SAP SRM server and SAP Bidding engine. SAP SRM is based on SAP NetWeaver application server and is available for different platforms and database. You can check all the releases of SAP SRM on SAP Market place under PAM.

SAP SRM Bidding engine:
SAP Bidding engine can be used to create and process requests for bids, bidders can submit bids and other functions in RFx.
Bidding engine defines the rules for bidding and bidders can use it to submit bids in the system.

SAP NetWeaver BI:
In SAP SRM spend analysis, BI is primary used and requires Application server ABAP on the same system. It may also require Java Application server and SAP Enterprise portal.

SAP NetWeaver Enterprise Portal:
This is used as entry point for users to manage applications and information related to Supplier Relationship management. It provides role based and secure access to applications and services.

Online Transaction Processing System:
Various systems can be used for back end transaction processing to manage material and financial queries. SAP ERP system can be used and data exchange occurs between SAP SRM and SAP ERP system.
You can also install SAP SRM as standalone without a backend system.

7. In SAP SRM Standalone deployment, where do the processing occurs?
In a standalone deployment model, all the procurement processing is performed in SAP SRM system and back end accounting system is used for invoice financial processing.
In a Standalone scenario, purchase order management, shopping cart and goods receipt and invoices are processed in SRM system.

8. Where do you use Standalone deployment model in SRM?
When there is no operational backend system for material management and there exists only financial accounting systems in landscape.
When you want to move all procurement activities in SAP SRM system and hence allow companies to decrease the work load on the backend procurement system by transferring buyers which are interested to procure from selected options.
It is recommended for customers who want to maintain only minimal product data and only rely on supplier catalogs.

9. What is the difference between classic and extended classic option?
In a classing deployment model, you process the shopping cart in SAP SRM and supporting documents are processed in backend ERP system.
You can perform goods receipt or invoices in any of the system.
In extended classic deployment model, procurement process takes place in SAP SRM system and PO is generated in SRM system and a read only copy is created in back end ERP system.
You can perform goods receipt or invoices in any of the system as in case of classic scenario.

10. Where do you use Classic deployment scenario in SRM?
For those customers who has a strong backend procurement system and where buyers do not want to use multiple systems for their operations.

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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