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Supplier Relationship Management

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ALSO CALLED: Sourcing, Strategic Sourcing, SRM, e-Sourcing
DEFINITION: Supplier relationship management is a comprehensive approach to managing an enterprise's interactions with the organizations that supply the goods and services it uses. The goal of supplier relationship management (SRM) is to streamline and make more effective the processes between an enterprise and its suppliers just as customer relationship management (CRM) is intended to streamline and make more  … 
Definition continues below.
Supplier Relationship Management Multimedia (View All Report Types)
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Case Study: How Walmart Promotes Sustainability With the Cloud
sponsored by Oracle Corporation
VIDEO: How was Walmart able to build a system to handle supplier relations and increase sustainability?Watch this concise video to hear from Robert Kaplan, director of product sustainability for Walmart. Listen as Robert details how cloud technology was able to help Walmart manage their supplier relations simply and easily to achieve their goals.
Posted: 16 Mar 2015 | Premiered: 16 Mar 2015

Oracle Corporation

Bridges Insights: Scott Hadwiger of Crocs
sponsored by GT Nexus
VIDEO: Access this brief video to learn hear from croc's director of supply chain finance Scott Hardwiger, about the unique challenges that Crocs faced and how they were able to improve supplier relations through one cloud based platform.
Posted: 26 Feb 2015 | Premiered: 26 Feb 2015

GT Nexus

Multi-Enterprise Relationship
sponsored by IBM
VIDEO: Access these brief videos for a quick demonstration of one platform that addresses multi-enterprise relationship management. See demonstrations that include activity rollout, activity monitoring, and activity creation and customization.
Posted: 22 Jan 2015 | Premiered: 22 Jan 2015

IBM

Video - Andrew Bartolini on Collaborative Sourcing
sponsored by Ariba, Inc.
VIDEOCAST: Ardent Partners analyst and CPO Rising author, Andrew Bartolini, shares his insights into successful buyer/seller collaboration and supply chain sourcing.
Posted: 22 Dec 2011 | Premiered: Dec 22, 2011

Ariba, Inc.
4 Matches
 
SUPPLIER RELATIONSHIP MANAGEMENT DEFINITION (continued): …  effective the processes between an enterprise and its customers. SRM includes both business practices and software and is part of the information flow component of supply chain management (SCM). SRM practices create a common frame of reference to enable effective communication between an enterprise and suppliers who may use quite different business practices and terminology. As a result, SRM increases the efficiency of processes associated with acquiring goods and services, managing inventory, and processing materials. According to proponents, the use of SRM software can lead to lower production … 
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