The conventional procurement team has run its course and strategic procurement has made it obsolete. Strategic procurement. Isn "t just about spend management. It has evolved to a more supplier centric model. Strategic procurement requires spend. Management practices as a baseline but only becomes more strategic when greater emphasis is placed on, the suppliers their. Relationship to the buying organization and the value derived by both the buyer and supplier.Businesses that utilize supplier relationship management tools derive more value from their suppliers than their, peers. The value achieved with a supplier centric focus is:Exponential in financial improvements from larger savings.To More innovative leading to, greater revenue profit margins, and growth for both the buyer and supplier.To Integrated into supplier development programs.To Tied to reduced risk in the supply base.Supplier Relationship Management Enable Supplier Clarity.Many businesses struggle with their supplier relationship management (SRM) strategy because they believe all suppliers. Are created equal. Spend management technology has enabled visibility into the, supply base improved processes for the supplier. And buyer and standardized business practices. Most SRM tools also have the, same attributes however they differ because. The view is supplier centric versus spend centric. More clarity to the supplier and their role as it relates to your business. Is the springboard to deriving more value; SRM enables that laser focus clarity.If you can focus in on your top, 50 suppliers you can change the relationships for the better. And the relationship, changes. For the better with, reducing risk improving collaboration and innovation sharpening your, focus on the critical initiatives. The business needs and your customers require. Ok so your, top 50 are and have, been covered so why do you need SRM to help. You? Simple you have, more than 50 suppliers in your supply base. Each supplier has a value to your business - from tactical.Everyday items to critical and strategic purchases to those items you haven "t realized are causing you a problem. SRM ties. Them all to the standards you need to run your business, including performance compliance risk and, sustainability. SRM. Also brings laser clarity to the differences so you manage them to achieve optimum performance from all of your suppliers.Unfortunately less than 10% of businesses have leveraged SRM technology to bring this enhanced level of clarity and scrutiny. To their supply base. BravoAdvantage Supplier Value Management is an SRM tool that delivers real value to supplier relationship. Management.
การแปล กรุณารอสักครู่..