Supplier Relationship Management (SRM) is an important approach used for engaging with supplier on a level that reflects the priorities of the customer organisation and how best these needs can be achieved.
Supplier Relationship Management (SRM) is an important approach used for engaging with supplier on a level that reflects the priorities of the customer organisation and how best these needs can be achieved.
SRM is an integrated approach, addressing both the buyer and seller sides, which can provide mutual benefits for both organization. True SRM cannot be achieved through the Procurement Function acting alone.
SRM uses processes, principles, communications and tools to help companies better manage their existing suppliers within all areas of the company during the entire supplier lifecycle.
The Singapore Institute of Purchasing and Materials Management (SIPMM) is the nation’s professional body for the LPS sector – the sector which includes professionals in Logistics, Procurement and Supply Chain.
Since its founding in 1972, SIPMM has trained over 100,000 LPS professionals through its comprehensive suite of Specialised Qualifications, Executive Development Programmes.
As well as Specialised In-House Workshops across the region – which includes Multinational Firms, ICT Conglomerates, Governments, and the Armed Forces.
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