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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.
The West Midlands is a metropolitan county and combined authority area in western-central England with a 2018 estimated population of 2,916,458,[3] making it the second most populous county in England after Greater London. It came into existence as a metropolitan county in 1974 after the passage of the Local Government Act 1972, formed from parts of Staffordshire, Worcestershire and Warwickshire. The county itself is a NUTS 2 region within the wider NUTS 1 region of the same name. The county consists of seven metropolitan boroughs: the City of Birmingham, the City of Coventry and the City of Wolverhampton, as well as the boroughs of Dudley, Sandwell, Solihull and Walsall.
