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8 SRM Tactics for Procurement Success
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📚 This lesson is part of the Supplier Relationship Management Course. Check this out to learn more →https://procurementtactics.com/suppli... • 🚀 In this video, we’ll dive deep into 8 essential strategies to implement or enhance Supplier Relationship Management in your company. • 🔍 What You'll Learn: • 0:00 Introduction: Why SRM Tactics Matter • 0:29 Supplier Categorization: Use the Kraljic Matrix for Strategic Segmentation • 1:19 Contract Management: Drafting Clear and Professional Agreements • 2:06 Performance Management: Metrics, Reviews, and Incentives • 2:52 Supplier Experience: Gaining Insights and Providing Education • 4:14 Exit Strategies and Supplier Auditing: Timing and Compliance • 4:57 Benchmarking and Supplier Value: Measuring and Enhancing Relationships • 6:17 Case Study: Boeing 737 Max - What Went Wrong? • 7:34 SRM Template: Categorize Your Tactics with Ease • 7:55 Conclusion • Ready to transform your SRM approach? Click play to discover actionable tactics 👍 • #srm #procurementstrategies #procurementtransformation #suppliermanagement
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