Supplier Relationship Management (SRM) is a strategic approach to managing and optimizing a company's interactions with its suppliers to maximize value and reduce risk. It involves developing long-term partnerships, fostering collaboration, and ensuring alignment of goals between the organization and its suppliers.

Supplier Relationship Management

A strategic approach involves the deliberate planning and execution of actions aimed at achieving long-term objectives, taking into account the dynamic environment and potential challenges. It emphasizes the importance of foresight, adaptability, and the alignment of resources with overarching goals to ensure sustained success.

strategic approach

Managing interactions

Optimizing interactions

Maximizing Value

Reducing risk

developing long-term partnerships

fostering collaboration

ensuring alignment of goals

Organization and suppliers

Building Effective Relationships with Suppliers in Business

Building Strong Relationships with Suppliers for Business Success

Building Strong Supplier Relationships for a Resilient Supply Chain

Principles of Just-in-Time Inventory Management

AI in Supply Chain Management

Fundamentals of Business Structure

Strategic Sourcing: Key Principles and Practices

Relevant Degrees

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