Supplier Diversity =>> Supplier

Building a Business Case for Strategic Supplier Relationship Management


Building a business case for investing in strategic Supplier Relationship Management (SRM) can be challenging. It is a matter of measuring value through quantification of financial and relationship results.- By Sherry Bloom

Strategic Supplier Relationship Management (SRM) takes category management to the next level because it builds cross-supplier and cross-business unit relationships. It is a means of providing structure for developing and managing supplier relationships for value creation and encompasses sourcing, marketing, finance, manufacturing and other critical organizational processes that contribute to profitability.

Login or Subscribe to access full content.