Enhancing Supply Chain Performance: 10 Ways SRM Platforms Support Crucial Aspects of Supplier Management

This article emphasises the critical importance of effective Supplier Relationship Management (SRM) in today’s competitive manufacturing industry. It outlines ten key benefits of SRM, such as cost savings, quality control, and innovation, and highlights how an SRM platform like SourceDogg can help manufacturers achieve these benefits through streamlined communication, contract management, and supplier performance monitoring.

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Why SRM is the Key to Manufacturing Success

In this article, we’ll explore why SRM is critical in manufacturing, backed by statistics and research, and provide insights into how companies can implement effective SRM programs to achieve success in today’s competitive manufacturing landscape.

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The Four C’s of Supply Chain Resilience

Supply chain resilience has been one of the hottest topics over the past three years, with numerous disruptions and challenges facing procurement professionals across the globe.

But what does this mean in practice? We believe there are four C’s of resilience that we’ve adapted from psychology that ring true for the supply chain discipline.

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Performance, not Power: Using Data to Fuel Better Supply Chain Relationships

We’ve recently been working with customers that are amidst their digital transformation and realising the power of data and performance to drive relationships – not the contract.

In this article, we discuss how data can help the evolutionary process from contract focus and scouring T&Cs to dish out punitive punishment to supplier relationships that are relationship-focused and mutually beneficial.

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Relational Vs. Transactional Contracts: How to build healthier and more beneficial supplier relationships

We’ve all been in those contract negotiation meetings with suppliers on one side of the table and buyers on the other. It often feels like it’s the way to “do business” with a bit of good cop/bad cop interplay that can actually undermine the relationship from the get-go. So what’s the solution? This article proposes a more relational, contemporary, collaborative approach to supplier relationship management and shows how an SRM platform helps you achieve this.

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How to Supercharge Supply Chain Sustainability

In contrast to the conflation that sustainable means “green”, the push for sustainability should encompass a multitude of other business goals and organisational values. In this article, we discuss where the push for sustainable business practice comes from and what you can do to prepare for the ever-increasing demands for this in your business.

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