Supplier Relationship Management (SRM) is a comprehensive
approach to managing your working relationships with your suppliers. An
effective SRM project will streamline the supplier relationships in your
Supply Chain and make them more effective and profitable.
One significant benefit of SRM is that it puts you and your
suppliers on the same page, with a common frame of reference. That leads to
fewer problems and misunderstandings. There are other benefits, too.
With an effective SRM system you will improve your sourcing
and bid analysis. You'll do a better job of managing your contracts across
their entire lifecycle.
In all areas you'll benefit from best practices and
streamlined processes that can improve everything from sourcing to payment. Our
experienced consultants can help you assess the potential ROI in an SRM project
and then help you carry the project through to conclusion.
For more information please contact Pete Martin at (216)
674-9070 or by e-mailing
pmartin@entrypointconsulting.com.