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  2. Supplier relationship management - Wikipedia

    en.wikipedia.org/wiki/Supplier_relationship...

    Supplier relationship management (SRM) is the systematic, enterprise-wide assessment of suppliers' strengths, performance and capabilities with respect to overall business strategy, determination of what activities to engage in with different suppliers, and planning and execution of all interactions with suppliers, in a coordinated fashion across the relationship life cycle, to maximize the ...

  3. Procurement - Wikipedia

    en.wikipedia.org/wiki/Procurement

    The preferred provider model also uses a transaction-based economic model, but a key difference between the preferred provider and the other transaction-based models is that the buyer has chosen to move to a supplier relationship where there is an opportunity for the supplier to add incremental value to the buyer's business to meet strategic ...

  4. Enterprise resource planning - Wikipedia

    en.wikipedia.org/wiki/Enterprise_resource_planning

    Supplier relationship management (SRM): suppliers, orders, payments. Data services: various "self-service" interfaces for customers, suppliers or employees; Management of school and educational institutes. Contract Management: creating, monitoring, and managing contracts, reducing administrative burdens and minimising legal risks.

  5. Chief procurement officer - Wikipedia

    en.wikipedia.org/wiki/Chief_procurement_officer

    A chief procurement officer and their department will often be responsible for: ensuring that goods and services are promptly delivered; making sure that vendors are paid in a timely manner; supplier relationship management. Some CPOs are in charge of locating sources for supplies and services, and maintaining relations with suppliers and vendors.

  6. Contract data requirements list - Wikipedia

    en.wikipedia.org/wiki/Contract_Data_Requirements...

    Data requirements can also be identified in the contract via special contract clauses (e.g., DFARS), which define special data provisions such as rights in data, warranty, etc. SOW guidance of MIL-HDBK-245D describes the desired relationship: "Work requirements should be specified in the SOW, and all data requirements for delivery, format, and ...

  7. Business partnering - Wikipedia

    en.wikipedia.org/wiki/Business_partnering

    Business partnering can take the form of a strategic alliance, a buyer-supplier relationship, a joint venture, or a consortium. Firms should pay particular attention to the mechanisms of governance used to organize their partnership. They can rely on a combination of contractual and relational mechanisms. [5]

  8. Category management (purchasing) - Wikipedia

    en.wikipedia.org/wiki/Category_management...

    Category management is an approach to the organisation of purchasing within a business organisation, also often referred to as procurement.Applying category management to purchasing activity benefits organisations by providing an approach to reduce the cost of buying goods and services, reduce risk in the supply chain, increase overall value from the supply base and gain access to more ...

  9. Supplier risk management - Wikipedia

    en.wikipedia.org/wiki/Supplier_risk_management

    Supplier risk management (SRM) is an evolving discipline in operations management for manufacturers, retailers, financial services companies and government agencies where an organization is dependent on suppliers to achieve business objectives.