Business of Information Technology  >   Business Processes  >   Procurement  >   Purchasing  >   Supplier Management  >  

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 ManagementReports
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CW+: PA Consulting: Customer-supplier relationships in the cloud
sponsored by ComputerWeekly.com
WHITE PAPER: Organisations need to start getting to grips with imminent changes to the supplier landscape; that way, they will be ready to move if and when the time is right.
Posted: 21 Oct 2011 | Published: 05 Aug 2010

ComputerWeekly.com

Supply Network Collaboration in a Solution Provider Network
sponsored by SAP America, Inc.
WHITE PAPER: See how manufacturers are adding value to product offerings with a new business model. Using their ecosystems to build a solution provider network, they are enabling supply network collaboration with suppliers, engineers, and financial services organizations, as well as developing industry coalitions to drive more value to customers.
Posted: 07 Aug 2009 | Published: 07 Aug 2009

SAP America, Inc.

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

SAP America, Inc.

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

SearchCIO.com

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: 01 Oct 2006

Global Knowledge

Designed to Manage Lean Principles
sponsored by Epicor Software Corporation
WHITE PAPER: Manufacturers will continue to leverage technology to stay competitive. Read this paper to learn how with the Vantage fully integrated enterprise solution, you will be prepared to meet the challenges of today's market place-becoming lean to do so
Posted: 03 Sep 2008 | Published: 03 Sep 2008

Epicor Software Corporation

Streamlining the Supply Chain with SAP
sponsored by SAP UK & Ireland
CASE STUDY: Find out how a global supplier improved their midsized business by streamlining their supply chain with SAP.
Posted: 15 Nov 2007 | Published: 01 Jan 2001

SAP UK & Ireland

Intelligent Document Automation Increases Purchasing Process Efficiency with SAP Systems
sponsored by Esker Inc.
WHITE PAPER: Purchasing is an essential business process that often remains bound to manual document delivery. Discover how document automation can help SAP users increase operational efficiencies and customer satisfaction and also improve supplier relationships.
Posted: 12 Sep 2007 | Published: 10 Sep 2007

Esker Inc.

5 Ways ERP Can Help You Implement Lean
sponsored by Epicor Software Corporation
WHITE PAPER: Improve productivity and customer service with a lean approach to manufacturing. Read this white paper to learn how ERP works with lean to identify value and non-value components with your SAP system to give you a competitive edge.
Posted: 25 Apr 2007 | Published: 01 Apr 2007

Epicor Software Corporation
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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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