By taking a more strategic approach to sourcing and vendor management, OEMs can negotiate better contract terms, reducing the cost of procurement and the time for inventory replenishment. SAP for High Tech covers the key activities involved in sourcing and procurement, enabling you to:

• Analyze spend based on aggregates of suppliers, volumes, and parts in commodity families
• Gain visibility into global spend and supply-base data
• Automate replenishment and procurement processes, leveraging approved vendor lists and sources of supplies
• Manage vendor contracts and track vendor performance

Sourcing and procurement is enabled with SAP applications such as SAP ERP and SAP Supplier Relationship Management (SAP SRM). To find out how these applications can help you improve your sourcing and procurement, please complete the "Contact SAP" form and request information about enterprise resource planning or supplier relationship management.