Resource Origin: Procurement Leaders / Sigaria Ltd

“Supplier Relationship Management (SRM) is first and foremost an approach used for engaging with suppliers on a level that reflects the priorities of the customer organisation and how best these needs can be achieved. It is a differentiation process that recognises that not all suppliers are the same and therefore not all customer-supplier relationships should be dealt with through a single strategy.

Whilst much of the emphasis is placed on the role and situation of the customer and supplier, the products and services being procured are extremely influential in how the organisations view and interact with each other. By understanding…”

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Original Source: https://www.procurementleaders.com/AcuCustom/Sitename/DAM/052/sample-strategy-guide-SRM-0613_1.pdf

Contributors: Procurement Leaders Network
Categories: SIG U Resource, Whitepaper
SRC Type: Sourcing Management