What is Supplier Relationship Management?
TradeGecko
MAY 22, 2020
What is Supplier Relationship Management? Supplier relationship management (SRM) is the process of identifying the suppliers that are critical to a business and implementing a system of managing relationships with those key suppliers. As supply chains become more complicated, the need to develop clear, measurable ways to evaluate how every supplier either contributes to or detracts from the success of a business is more important than ever before.
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