Archive for the 'Supplier Relationship Management(SRM)' Category

Supplier Relationship Management(SRM)

Monday, May 21st, 2007

Definition:-Supplier relationship management is a comprehensive approach to managing an enterprise’s interactions with the organizations that supply the goods and services it uses. The goal of supplier relationship management (SRM) is to streamline and make more effective the processes between an enterprise and its suppliers just as customer relationship management (CRM) is intended to streamline […]