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Suppliers Relationship Management

Suppliers Relationship Management

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Published by Amit Agarwal
Suppliers Relationship Management
Suppliers Relationship Management

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Published by: Amit Agarwal on Aug 14, 2010
Copyright:Attribution Non-commercial


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Suppliers RelationshipManagement
Suppliers Relationship Management –A Business Definition
Strategic Sourcing
-Analyze spend &negotiate terms and conditions with selectedsuppliers
Operational Procurement
 –Order, receive& pay for purchases, track expenses andensure compliance
Supplier Enablement
 –Enable your supplybase to work with you to deliver goods andservices on time
Content Management
 –Harmonize allcontent and master data related to sourcing &procurement
A Shift in Perspective
Move towards strategic Outlook that putsless emphasis on Short term Cost Cuttingmeasures
Emphasis on Long term collaborativeRelationships
Better performance from Suppliers onQuality & On time delivery
Have a Win-Win relationship withsuppliers

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