SAP improves sourcing strategies, reduces process costs, and compresses cycle times in growing number of global companies; Companies such as DaimlerChrysler, Steelcase, Bertelsmann, Akzo Nobel, and Mahindra & Mahindra are among corporate deployments of mySAP SRM spanning multiple vertical markets.

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M2 PRESSWIRE-26 February 2003-SAP: SAP improves sourcing strategies, reduces process costs, and compresses cycle times in growing number of global companies; Companies such as DaimlerChrysler, Steelcase, Bertelsmann, Akzo Nobel, and Mahindra & Mahindra are among corporate deployments of mySAP SRM spanning multiple vertical markets(C)1994-2003 M2 COMMUNICATIONS LTD RDATE:02262003 WALLDORF, Germany -- SAP AG (NYSE: SAP) today announced that a rapidly increasing number of organisations are deploying mySAP Supplier Relationship Management (mySAP SRM) to reduce procurement and sourcing costs and increase profitability.

Several leading companies-such as DaimlerChrysler, Steelcase Inc. (NYSE: SCS), Bertelsmann AG, Akzo Nobel, and Mahindra & Mahindra- spanning...