Supply Chain Digital Magazine March 2024 | Page 31

TOP 10

SRM PROVIDERS

Supplier Relationship Management ensures an organisation and its ecosystems of suppliers work well together . These are among the top SRM players

WRITTEN BY : SEAN ASHCROFT

Supplier Relationship Management ( SRM ) is a strategic approach to managing an organisation ’ s interactions with its suppliers . The goal is to ensure the organisation and its ecosystems of suppliers work together effectively to achieve common goals .

SRM goes beyond traditional procurement and purchasing functions , to focus on building collaborative and mutually beneficial relationships with key suppliers .
The following are among the most important providers of SRM services .
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