Strong Relationships with Suppliers are More Important than Ever

Published On:
November 30, 2022
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For supply chains that are more innovative and resilient in the face of disruption, organizations can no longer afford purely transactional approaches to supplier relationship management (SRM). Leading organizations forge strategic partnerships with their most important suppliers and collaborate with them to drive value and competitive advantage. Given the benefits of this type of SRM, it makes sense to see that awareness and adoption are growing across industries.