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.
In this SRM course, participants will learn to effectively manage their suppliers. Through hands-on exercises, they will develop an integrated understanding of how suppliers are chosen, motivated and managed.
This course introduces students to key issues and trends in supply chain and logistics, and discusses the key areas of logistics disruption.
a good understanding of the workings of the Logistics and Supply Chain sector as an individual and as part of the larger logistics/Supply Chain industry
With the disruptions that technology has brought about, individuals working in the supply chain industry may be greatly impacted, as jobs are being redesigned.
The supply chain is by its very nature a complex activity which is susceptible to risks and its associated impacts. This became evident when the supply chain can to grinding halt due to the COVID 19 pandemic resulting in shortages of goods in all industries.
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