Procurement leaders need to know everything about managing supplier relationships to unlock their full potential value. The guide, Everything Procurement Needs to Know to Manage Supplier Relationships, provides articles that describe what SRM is, why it's important, and the benefits it can bring to both organizations and suppliers. The guide begins with a roadmap to supplier relationship success, describing the five stages of supplier relationship building. Procurement expertise is key to the success of outsourcing and supplier diversity programs, and supplier lifecycle management is also important. The guide is a collaboration between My Purchasing Center and SMART by GEP.
