Supplier Relationship Management Module

Features of Suppliers Relationship Management (SRM)

Supplier relationship management (SRM) is a comprehensive approach to manage interactions with the supplier's organizations that supply the goods and services. The main purpose of supplier relationship management (SRM) is to streamline and make more effective the processes between an enterprise and its suppliers just as customer relationship management (CRM) is intended to streamline and make more effective the processes between an enterprise and its customers. Importance of supplier is no more inferior than customer who is the king of any businesses. Without having a good supplier it's like a day dreaming to be successful. ERP2ALL provides a 360° view of all your suppliers across purchase,. SRM module is extremely helpful to:

  • Build strong relationships with source and gain competitive pricing in procurement;
  • Enriched with the function to conduct audit to evaluate supplier on a regular basis to ensure smooth supply to reduce stock-out or inferior supply;
  • Manage your contacts and purchase pipeline;
  • Optimise procurement through assessing procurement lead-time with reliable supplier using SRM module. Use outstanding and better supplier service with better and improved suppliers relationship;
  • Robust KPI reporting with dashboard for faster and efficient decision making in respect to procurement; and
  • Relationship combined with money can buy competitive edge where money can't alone do sometimes.