4-Step Guide to Implement an Effective SRM Program

Deliver greater value to your organization

Supplier relationship management (SRM) is a coordinated effort to identify and develop the best suppliers able to support the overall business strategy. SRM programs are used for engaging high-value suppliers. But poor program design and lack of engagement from key internal and external stakeholders cause many SRM programs to fail. 

Download the Gartner 4-step framework to implement a SRM program that delivers the greatest value to the organization

  • Define program scope and supplier value

  • Align key stakeholders

  • Manage supplier interactions

  • Enable continuous improvement

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    More supplier relationship management insights

    Becoming a customer of choice and extracting more value from the supplier base is a key competitive advantage as company and business priorities continue to change.

    +70% of sourcing & procurement professionals report using suppliers to tap into new-in-kind technology services or something outside of their organization’s core business model. It’s the role of sourcing and procurement to unlock new value from the supply base and protect the organization from future disruption.

    Explore more supplier relationship management resources.