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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. Vendor relationship management - Wikipedia

   en.wikipedia.org/wiki/Vendor_relationship_management

   Vendor relationship management (VRM) is a category of business activity made possible by software tools that aim to provide customers with both independence from vendors and better means for engaging with vendors. These same tools can also apply to individuals' relations with other institutions and organizations.

4. Chief procurement officer - Wikipedia

   en.wikipedia.org/wiki/Chief_procurement_officer

   supplier relationship management. Some CPOs are in charge of locating sources for supplies and services, and maintaining relations with suppliers and vendors. They usually negotiate with vendors to get the best prices and deals, utilizing the power of purchase and the economies of scale. Often they set up contracts between vendors and the company.

5. 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.

6. 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]

7. Service integration and management - Wikipedia

   en.wikipedia.org/wiki/Service_integration_and...

   Lead supplier as service integrator: One of the clients's existing service providers is responsible for service integration in addition to its original service delivery responsibilities. External service integrator : An independent third-party company is responsible for service integration without additional service delivery responsibilities.

8. MSC Industrial Direct (MSM) Q1 2025 Earnings Call Transcript

   www.aol.com/msc-industrial-direct-msm-q1...

   Image source: The Motley Fool. MSC Industrial Direct (NYSE: MSM) Q1 2025 Earnings Call Jan 08, 2025, 8:30 a.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants

9. Third-party management - Wikipedia

   en.wikipedia.org/wiki/Third-party_management

   Third-party management solutions are technologies and systems designed to automate the performance of one or more third-party management processes or functions. Such solutions are external-facing and designed to complement internal-facing governance, risk and compliance ( GRC ) systems and processes.