Supplier Relationship Management

Supplier relationship management is like making friends with someone. A company or person will reach out and build a relationship. They'll talk with each other and learn more about each other. They get to know each other better and develop a friendship. They’ll talk about what items and services the company can give to the supplier, and the supplier can give to the company. They’ll figure out the best way to work together and make sure everyone is getting what they need. In the end, this helps both people out and makes the relationship stronger.