Supplier Relationship Management

Authors

  •   Deepak Jain CEO, Subtlelabs Solutions Pvt. Ltd., G-65, Sector - 63, Noida - 201 301, Uttar Pradesh

DOI:

https://doi.org/10.17010/ijcs/2023/v8/i4/173267

Keywords:

Management

, Procurement, SRM, Supplier Relationship.

Manuscript Received

, July 3, 2023, Revised, July 14, Accepted, July 16, 2023. Date of Publication, August 5, 2023.

Abstract

Supplier management became important in the 1970s and 1980s for manufacturing companies. This was driven by globalization and an expanding supplier base. The focus was then on a structured onboarding process and performance management. There was not much system support. Today, Supplier Relationship Management (SRM) has become a strategic tool to achieve competitive advantage through collaborations and partnerships. This paper focuses on how SRM software can be used to achieve this. It covers the SRM process, architecture and features of SRM software.

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Published

2023-08-31

How to Cite

Jain, D. (2023). Supplier Relationship Management. Indian Journal of Computer Science, 8(4), 36–42. https://doi.org/10.17010/ijcs/2023/v8/i4/173267

References

“Supplier Relationship Management Software.†ScienceSoft. [Online]. Available: https://www.scnsoft.com/scm/srm

S. Jandrell, “Top 12 must-have e-Procurement software features,†[Online]. Available: https://www.fraxion.biz/blog/key-e-procurement-software-features

CAMELOT Consulting Group, “The (R)evolution of Supplier Managementâ€. [Online]. Available: https://www.camelot-mc.com/wp-content/uploads/sites/3/2020/08/White-Paper_Strategic-Supplier-Management-1.pdf

“Top 10 stats: Supplier Relationship Management Software Market (2022).†kodiakhub.com. [Online]. Available: https://www.kodiakhub.com/blog/top-10-stats-supplier-relationship-management-software-market