FREE MEMBERSHIP - Create your personalized Bitpipe Service!  Members: Sign in 
Search Bitpipe: 
  Search Help
Business of Information Technology  >   Business Processes  >   Procurement  >   Purchasing  >   Supplier Management  >  

Supplier Relationship Management

RSS Feed    Add to Google    Add to My Yahoo!
ALSO CALLED: Sourcing, Strategic Sourcing, SRM, and 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 Reports
4 Matches
Implementable Best Practices Speed Chemical Industry SAP ERP Deployments
sponsored by SAP America Inc
WHITE PAPER: Read ARC's view on how SAP's best practices and SAP Business All-in-One solutions for chemicals ensure rapid deployment with low risk for small and midsize companies.
Posted: 07 Aug 2009 | Published: 07 Aug 2009


Distributors Gain Control of Destiny with Integrated Solutions Based on Best Practices
sponsored by SAP America Inc
WHITE PAPER: This IDC report examines the key challenges facing distribution companies as the rules of the game change under the twin forces of globalization and industry consolidation.
Posted: 07 Aug 2009 | Published: 07 Aug 2009


SearchCIO.com eBook: Unlock Outsourcing Potential and Change
sponsored by SearchCIO.com
EBOOK: The key to unlocking outsourcing potential lies in targeting the right projects, choosing your suppliers wisely and then managing them with an eye on economic conditions at that global site. Here's a step-by-step plan for optimizing savings.
Posted: 04 May 2009 | Published: 04 May 2009


How to Use the Six Laws of Persuasion during a Negotiation
sponsored by Global Knowledge
WHITE PAPER: Discover the Six Laws of Persuasion and learn how to use them to conduct more effective negotiations.
Posted: 10 Dec 2008 | Published: 10 Dec 2008

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 … 
Supplier Relationship Management definition sponsored by SearchSAP.com, powered by WhatIs.com an online computer dictionary
Home | About Us | Contact Us | Advertise with Us | Partner with Us | Site Index
TechTarget provides enterprise IT professionals with the information they need to perform their jobs - from developing strategy, to making cost-effective IT purchase decisions and managing their organizations' IT projects - with its network of technology-specific Web sites, events and magazines

Definitions: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Other   TechTarget - The Most Targeted IT Media
TechTarget Corporate Web Site  |   Media Kits  




All Rights Reserved, Copyright 2000 - 2009, TechTarget | Read our Privacy Statement