Relationship management is a process that companies use to manage and make effective use of their client and supplier relationships. The process involves analyzing data and using software to attract new relationships, increase and protect brand loyalty, identify inefficiencies, mitigate risk, and boost ...
On top of these methods, organizations should also be conducting successfulsupplier relationship management (SRM).SRM can be defined as a process involved in managing preferred suppliers and finding new ones whilst reducing costs, making procurement predictable and repeatable, pooling buyer experi...
innovation managementsupplier–customer relationshipCo-innovation projects need careful planning and preparing, especially in technologically complex industrial context. This study takes the supplier's perspective and empirically identifies three types of supplier-customer co-innovation projects. For each project...
Dashboard reports are developed to solve business decision-making problems. Different from the tabular interface of the general report, the dashboard report adopts the canvas-like operation interface. By simple drag-and-drop operation, a powerful and comprehensive “management cockpit” can be construc...
Supplier Relationship Management: It guides in developing and maintaining a good relationship with the suppliers. At the time of selecting suppliers, priority is given to suppliers capability regarding quality, reliability, innovation, services and cost reductions. ...
With the possibility to filter, drill down, and interact with KPIs, this intuitive procurement dashboard offers key information to ensure a healthy supplier relationship. With metrics such as compliance rate, the number of suppliers, or the purchase order cycle time, the procurement team can classi...
Master Data Management: Track data for specific products by targeting certain variables, including brand, supplier or vendor name, data sheets, and unit costs. Keep a detailed record of product changes and updates. Cross Docking: Automate goods movement in and around the warehouse. Inspect damaged...
CRM (Customer Relationship Management) Software and Its Importance What is Customer Relationship Types of Customers Orientation of Customers Customer Modeling Customer Profiling Regression Scoring Quality of Relatiosnhip with Customers Need of Relatiosnhip with Customers Customer Relationship with Supplier Cost...
What is business research and why does it matter? Here are some of the ways business research can be helpful to your company.
To learn more about supplier relationship management and building a technology-enabled supply chain, explore theIBM Sterling® Supply Chain Intelligence Suite.