Leveraging supplier collaboration to generate value has moved to the top of the priority list of mature Procurement organizations as a sustainable means of generating value as well as effectively manage crisis situations such as the current coronavirus pandemic.
Many Procurement and Supply Chain leaders are now looking to build strong Supplier Relationship Management (SRM) programs to effectively collaborate and extract value from engagement with their suppliers.
In this Gartner report, you will learn why organizations often fail to implement effective SRM programs and also about a 4-step process for designing and establishing a value-generating SRM program.
View this Gartner report to learn more about:
- The drivers behind the growth Supplier Relationship Management
- Reasons why organizations fail to implement effective SRM programs
- Misconceptions to avoid when establishing an SRM program
- Gartner’s 4-step process to implement an effective SRM program
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