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SRM
What is Supplier Relationship Management?
Supplier Relationship Management (SRM) is a comprehensive approach to managing a company’s interactions with its suppliers. It focuses on building and maintaining positive supplier relationships, fostering collaboration, and optimizing supplier performance to achieve mutual benefits. SRM is essential for ensuring a reliable supply chain, enhancing product quality, reducing costs, and driving innovation.
Hemel Hempstead (/ˈhɛməl ˈhɛmpstɪd/) is a town in the Dacorum district in Hertfordshire, England. It is 24 miles (39 km) northwest of London, and is part of the Greater London Urban Area. The population at the 2011 census was 97,500.[1]
Developed after the Second World War as a new town, it has existed since the 8th century and was granted its town charter by Henry VIII in 1539. Nearby towns are Watford, St Albans and Berkhamsted.
