New Thoughts on Supplier Relationship Management

Whether called supplier relationship management, strategic partnerships, supply chain management, supplier rationalization or strategic sourcing, activities preceding the signing of a contract that limit the number of suppliers an organization doing business with are becoming a necessary way of doing business in today’s competitive global marketplace.

Progressive firms have little doubt about the impact of procurement and sourcing process on total quality, cost and delivery, technology and responsiveness to the needs of external customers. Realizing advantages in these areas require shifting our view of procurement and sourcing from a tactical activity to one focusing on strategic supply management

Strategic Supply Management involves developing the strategies, approaches and improvement from the procurement and sourcing process, particularly through direct involvement and interaction with suppliers.

AMREP Asia and AMREP China are doing all these for customers when they have a problem in dealing with new and established suppliers.