Taking Supplier Relationship Management to the Next Level

Published On:

February 27, 2019

Authored By:

APQC

Public Content:

Supplier relationship management (SRM) is a method commonly used by organizations to ensure supplier adhere to contract terms and procurement activites. View this infographic to learn more about the benefits and hurdles of varyling levels of sourcing models involved in SRM.

Type:

Infographics

Topics:

Supply Chain Management, Supplier Relationship Management, Supplier Partnerships, Sourcing, Purchasing, Procurement

Tags:

Sourcing business models

Available Tools:

APQC Process Classification Framework (PCF)

Assessments

Taking Supplier Relationship Management to the Next Level

Related Resources

Supply Chain Management Tune-Up Diagnostic

Supply Chain Management Tune-up Diagnostics

Number of Procurement Employees per $1 Billion in Purchases

Total Cost to Order Materials and Services

Average Supplier Lead Time in Days on Purchased Materials

Interactive Supply Chain Management Tune-Up Diagnostic

Total Cost to Perform the Procurement Process Group per Purchase Order

Percentage of Purchase Orders Approved Electronically

Cycle Time in Hours to Place a Purchase Order

Understanding Procurement Benchmarks and Best Practices

Procurement Tune-Up Diagnostic

Interactive Procurement Tune-Up Diagnostic