Supplier Relationship Management.

What is Supplier Relationship Management?• Supplier Relationship Management (SRM) is the systematic creation and capture of post-

contract value from key business relationships.
• SRM provides for a consistent way of interacting and managing suppliers that promotes

collaboration and continuous improvement from the supply base.
• A comprehensive SRM program can offset supply chain risk, enhance supplier services and

support, maintain and improve upon the value acquired during original sourcing event, and even

increase top-line revenue growth.

• SRM is one of the key aspects/objectives of post award contract management.