We have already received a number of positive comments about the analysis in our SRM research.  Several people have asked if they can use our data in their own work whilst others have included it in presentations.

What is clear is that specialists in Supplier Relationship Management and/or Vendor Management arena are aware of the key issues we have raised.

Some of the positive comments include:

From an interim SRM specialist: I have just finished reading the report and wanted to congratulate you on a very interesting piece of work. Clearly there is a great opportunity in the SRM arena…

From the SRM leader of a major finance business: I really enjoyed reading this report, particularly as I am personally responsible for leading a project within my organisation to address the specific issues you raised. You certainly have given me a useful reference point that I will use to ensure that I continue to progress in the right direction.

 If you are aware of any organizations with what you consider to be a “best in class” to SRM, can you please let me know as I would welcome the opportunity to speak to them? 

What do you think?  Please contribute to the debate here.

Comments from the SRM lead of a major technology organisation: I’m in full agreement with the findings.  Whilst establishing a new SRM function at my current employer over the past 18 months I sought to find best practice at other organisations and have been surprised that very little exists beyond the basics.  

Having now set up and executed SRM basic performance measurement through to relationship management / governance and the pursuit of value through managing relationships we are very pleased with the impact its having within the business and our key suppliers.

Tags: "supplier relationship", contract, SRM, supplier, vendor

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