Supplier relationship management (SRM) is the discipline of strategically planning for, and managing, all interactions with third party organizations that supply goods and/or services to an organization in order to maximize the value of those interactions. It is an all-inclusive approach to managing the affairs and interactions with the organizations that supply your company with goods and services. This includes communications, business practices, negotiations, methodologies and software that is used to establish and maintain a relationship with a supplier.
The focus of SRM is to develop two-way, mutually beneficial relationships with strategic supply partners to deliver greater levels of innovation and competitive advantage than could be achieved by operating independently or through a traditional, transactional purchasing arrangement.
Fishbowl Inventory- is designed for small to mid-sized companies looking for a complete inventory management system without replacing QuickBooks for accounting. Lots of companies use a combination of QuickBooks and Excel but say they need a more robust solution although they are not ready for an enterprise-level ERP system. This system is affordable and easy to use.
Functionality is offered in an interface very similar to Microsoft Excel, a environment familiar to both the client and the suppliers.
FlexRFP EC Sourcing Group- is entirely web-based, eliminating any IT involvement. FlexRFP offers full functionality in a system that is both less expensive and simpler than other similar software. With this collaborative, intuitive system, companies and their suppliers have a single tool to automate and streamline bid management, negotiation and analysis.
Click on the logos below to take you to the company SRM website for more information and to the FlexRFP Brochure-