Supplier Relationship Management with Trent - SRM Tips

[@supplychainsecrets]

Feel free to ask any SRM related questions or indeed share your own experiences and tips.

[@rashalshrivastava8009]

Not able to maintain relationships because of low volume not getting support from suppliers. What to do in this condition?

[@trentmorris8442]

@@rashalshrivastava8009 Hi Rashal, this is a fairly common issue, and it can even happen in big business for smaller spend areas. Typically it means the supplier sees you as a exploitable or even potentially a nuisance customer (remembering that not all business is good business). You need to understand three things: 1. The criticality of supply to your business. 2. The way in which the supplier perceives you. 3. The availability of supply in the market. Once you understand these three things you can develop a sound category strategy to decide: How important is it that I get this right every time? Is the relationship with the supplier worth pursuing? What other options are available in the market? Once you can answer these questions, hopefully the answer to your dilemma will become clear.

[@kgmsosa8230]

Great stuff🙌🏽💯 bank of knowledge this man is

[@supplychainsecrets]

No doubt!

[@wadedavies7991]

100% SRM is vital.

[@supplychainsecrets]

But often poorly done sadly

[@lydiakahenge9849]

Good day I am currently doing my research proposal on Supplier Relationship Management (SRM): Evaluating the impact of strong supplier relationships on supply chain performance and identifying strategies to enhance SRM. I would like to ask for your assistance in guiding me through it. please. I hope to hear from you soon.

[@supplychainsecrets]

I'm sorry, but we currently don't provide a 1 to 1 coaching service.