Supplier relationship management (SRM) is a systematic approach to evaluating vendors that supply your an organization with goods, materials and services. It's one of the pieces that fall under the larger umbrella of supply chain management.
The 4 pillars
.Purpose of SRM
.Problems in setting up SRM
.Quiz: Supplier Relationship Management
This course explains the essence of evaluating a supplier as this skill resides at the intersection of soft and technical aspect of understanding supply chain management. The course is about integrating the right technology, processes, resources, and tools needed to align your organization with your suppliers to create stronger and more loyal relationships. It allows for greater focus on what is critically important to your business.