Supplier Relationship Management | What We Do

Supplier Development: Supplier Relationship Management

What we do

Supplier Relationship Management (SRM) is a strategic approach to managing an organisation's interactions with its suppliers. We work with you to develop an SRM framework tailored to your organisation’s business priorities that will provide a systematic approach to the management and development of long-term supplier partnerships. The outcome is an SRM approach that can maximise value creation, performance, efficiency and competitiveness of your entire supply chain.

Our Value to You

We have a diverse team of procurement specialists with extensive experience working with organisations of different shapes and sizes across a wide range of industries to optimise their SRM framework. Paired with our deep understanding of procurement and supply chain, we can help you:

Develop a tailored supplier segmentation model to identify your critical, strategic and high-potential suppliers

Build collaborative relationships with your key suppliers to improve your mutual capabilities and competitiveness in cost, quality, time and technology

Establish tailored metrics and dashboards so you have a systematic, data-driven approach to monitor and review supplier performance

Reasons why Supplier Relationship Management is important

Minimise the impacts of price volatility through better partnerships

Suppliers gain a better understanding of the business and are able to propose better solutions

The level of attention and resources allocated to a supplier is commensurate to its strategic importance to your organisation

Foresee and navigate risk-related supply disruptions

Foster innovation and collaboration to drive continuous improvement and competitive advantage

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