Alert Management 
When you create a contract in the SAP Supplier Relationship Management (SAP SRM) system, certain default release values are displayed in the contract. You, as a strategic purchaser, can overwrite these default values on a per contract basis. After the contract is released, the release values cause alerts to be triggered when, for example:
The validity of the contract has almost expired.
The release quantity is approaching the target quantity.
The release value is approaching the target value.
Once alerted, strategic purchasers can renegotiate contracts in a timely fashion.
Prerequisites
You have specified the default alert thresholds for contract expiry dates, release quantities, and release values in Customizing for SAP Supplier Relationship Management under 
SRM Server 
Cross-Application
Basic Settings Enter Alert Threshold Data for Contracts 
You have defined transaction types in Customizing for SAP Supplier Relationship Management under SRM Server Cross-Application Basic Settings Define Transaction Types
You have defined who you want to receive alerts in Customizing for SAP Supplier Relationship Management under SRM Server Cross-Application Basic Settings Event and Event Schema
for Alert Management Define Recipient of Notifications
Activities
You define alert values in SAP SRM under Strategic Purchasing Contract Management Contract. .
On header level, you can enter new values for Alert Release Value and Alert Expiration.
On item level, on the General Data tab page, you can enter new values for Alert Release Quantity and Alert Release Value.
Depending on the settings that you have made in Customizing, the alert can be:
Sent via e-mail to the purchaser and/or to the entire purchasing team
Displayed in a BI report in the SAP SRM system under
Strategic Purchasing Reports Contracts Expiring Contracts Displayed on the Alerts tab page in the Work Overview
Example
The following table shows how you could configure two alerts in a central contract:
Field on Header Level |
Percentage |
Number of days |
Alert is output when |
|---|---|---|---|
Alert Release Value |
80% |
The release value of the contract is equal to or exceeds 80% of the contract value |
|
Alert Expiration |
30 days |
The contract is due to expire in 30 days or less |
More Information
About |
See |
|---|---|
Alerts |
|
Central Contracts in SAP SRM |
|
Upload and management of central contracts in SAP ERP |
SAP Help Portal under http://help.sap.com |