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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.
Stourbridge (/ˈstaʊərbrɪdʒ/) is a market town in the Metropolitan Borough of Dudley in the West Midlands, England. Situated on the River Stour, the town lies around 10 miles (16 kilometres) west of Birmingham. Historically in Worcestershire, it was the centre of British glass making during the Industrial Revolution. The 2011 UK census recorded the town's population as 63,298.[1]
