As procurement’s value proposition and role in the company have expanded, so have the importance and impact of the supplier relationships they manage. Cost, quality, and delivery reliability are now table stakes – just the beginning of the effort.
In true supply partnerships, both the buying company and the providers of goods and services should invest in and benefit from the relationship. Since the shape that those benefits take is ever-evolving, establishing effective two-way communications is essential.
In this AOP webinar, Saurabh Mehta, Chief Revenue Officer, Managing Partner Ops & Performance at Consus Global, and Manish Agarwal, their VP of Supply Chain, answers live questions about the power of building next level supplier relationship management.
Attendees will learn more about:
Best practices for SRM that are being embraced by leading procurement organizations
The reciprocal benefits of supplier financial health, and how procurement can invest in their supply partners without sacrificing cost efficiency
The key role that suppliers play in most companies’ ability to satisfy their sustainability goals, and why partnership is the key to hitting those goals
Benefits in addition to supply chain financing and sustainability that can be among the advantages of a well-run SRM program
