This introductory course covers the basic principles of the Positive Purchasing Supplier Management (SM) process as part of an overall SRM approach.
Your supply base could be home to huge untapped potential, yet it may also harbour significant risk. Supplier Relationship Management (SRM) is a multi-faceted procurement approach to manage and maximize the value from key suppliers and within key supply chains. And, for the critical few, it can unlock new, game changing benefits. Ultimately SRM is a key strategic approach to realizing organizational goals and driving competitive advantage and effectiveness.
We combine the latest generation of SaaS and digital platforms with training and tools to enable Supplier Relationship Management in your organization. Through applying our Orchestra of SRM® methodology, and our proven 5S™ and 5A™ processes, we enable your organization to determine which suppliers and supply chains are important and why, and establish tailored supply-side interventions that will unlock new value, reduce or manage risk, or drive in sustainability for key suppliers and supply chains.