Building better supplier relationships
This article focuses on introducing Supplier Relationship Management (SRM) and its benefits. It will be followed this summer by a second article on the topic from the NIGP Business Council, which will be more informative and instructional.
Supplier relationship management (SRM) refers to procurement agencies making strategic efforts to build and sustain mutually beneficial relationships with suppliers during every step of the procurement process. However, the rules and regulations of procurement have traditionally limited the amount of communication allowed between agencies and suppliers, and they have done so for a good reason. Keith Glatz, purchasing and contracts manager for Tamarac, Fla. says, “The perception of a government agency becoming too close with a supplier...
Good informative article. Job
Good informative article. Job well done representing various agencies and their insight and approaches in the changing landscape in public procurement.