Directory: articles 238_Supplier_Relationship_Management.htm
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Supplier Relationship ManagementSRM software is a valuable asset to any company that has numerous suppliers. It can be used
to keep track of supplier performance and pricing. Complex systems and simple systems are available.
Web-based systems also lend themselves to vendor portals for keeping tracking of supplier information such as delivery performance, defective shipments and late shipments.One benefit of tracking your suppliers' performance is the ability to understand which
suppliers are meeting your standards of excellent performance. This allows a company to make
informed decisions as to which supplier to re-order from. Performance charting can be used as a
tool to motivate your suppliers to deliver higher quality materials.
A great site to check out would be Tuppas Software. Advanced SRM systems offer datapush (emails, pages, telephone, ec.) so that you can update
your suppliers automatically. Other features include communication tools, pareto charts, dashboards
and filtered reports. With a tailored system, you can.
More Articles
Supplier Relationship Management
SRM software is a valuable asset to any company that has numerous suppliers. It can be used
to keep track of supplier performance and pricing. Complex systems and simple systems are available. ... | Supplier Relationship Management Today
SRM, or supplier relationship management, is really a comprehensive approach to the management of purchasing the goods and services a business needs to function, or produce it's product. The goal of SRM is to streamline, simplify, automate and make more effective the processes between an enterprise and its suppliers.
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