Knowledge Base
Does our supplier portal give suppliers a simple experience while giving our organization reliable data, controlled documents, integrated transactions, and clear process ownership?
Learn what supplier partnership means in procurement, when to use it, and how to build strategic supplier relationships through SRM, trust, competence, joint business planning, and supplier development.
Learn how Tactical buyers and Category Managers can use Google Alerts to monitor suppliers, markets, risks, and sourcing opportunities in procurement.
Supplier Relationship Management, often called SRM, is one of the most discussed topics in procurement. It appears regularly in LinkedIn posts, procurement networks, conferences, webinars, and supplier management discussions. That is useful — but it can also create confusion. One person uses SRM to describe supplier compliance. Another uses it for supplier performance reviews. A third…
Welcome to Day X of Acme Manufacturing’s SRM (Supplier Relationship Management) workshop, where you will tackle two practical, real-world challenges designed to solidify your understanding of foundational SRM principles and partner-driven innovation: Together, these two cases illustrate how developing robust supplier metrics and then applying SRM to co-innovationform the dual foundation of a mature SRM capability. Use the…
