Will you abandon SRM?

By Mel Shutes, Head of SRM, State of Flux 

How much time and effort have you invested in building a supplier relationship management programme?

Is it a mature programme delivering financial benefits in the region of 3% to 6%+*? Or are indirect benefits achieved by making a concerted effort to become a customer of choice including things like reduced risk, better access to innovation and continuous improvement, securing supplier top talent, and that ‘cherished’ intangible of extra commitment?

Is it a programme in its early stages with high hopes of driving more value from key supplier relationships or initially turning them round?

Read full blog here: https://blog.stateofflux.co.uk/blog/will-you-abandon-srm

Take part in this years 2020 supplier management survey 

*State of Flux research