Strong, healthy supplier relationships mean better value for your organisation!

Strong, healthy supplier relationships mean better value for your organisation!

Strong, healthy supplier relationships mean better value for your organisation! #SupplierRelationshipManagement (SRM) can have significant long-term benefits on supplier relationships. This leads to #reducedcosts, more #focusedperformance, improved #riskmanagement, responsible #ethicalsourcing, and more opportunities for innovation and #businessdevelopment.

Our latest set of documents are all about SRM and will be available on our website next week:

* SRM Framework – this document ensures your company receives the best value and quality from your supply chain through strategic sourcing.

*Tiering Suppliers Methodology – sets out the fundamental processes for segmenting your organisation’s suppliers using a defined set of criteria in order to identify the key strategic suppliers. This process is important as not all suppliers will require the same level of focus.

* SRM Plan Tier 1 Supplier – documents key activities and tasks required to manage Tier 1 suppliers as identified using our Methodology, ensuring optimal supplier relationship is achieved.

* SRM Plan Tier 2 Supplier – as above for suppliers identified as Tier 2.

* SRM Charter – provides guidelines for yours and suppliers behaviours when managing Tier 1 and strategic Tier 2 supplier relationships.

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