Supplier Relationship Management Introduction DK MD

Slide 1: This slide introduces Supplier Relationship Management. Commence by stating Your Company Name.
Slide 2: This slide incorporates the Table of contents.
Slide 3: This slide shows the supplier relationship management process framework.
Slide 4: This slide focuses on the skills required in supplier relationship management team which covers required skill set.
Slide 5: This slide deals with the kraljic matrix for supplier segmentation which shows level of supply risk and impact on profit of product that helps managers to develop purchasing strategy that company procures.
Slide 6: This slide reveals the classification of suppliers based on performance criteria.
Slide 7: This slide focuses on goals of supplier relationship management such as supplier risk management, value chain optimization, etc, with ways to achieve, expected outcome and associated cost.
Slide 8: This slide exhibits the mitigation strategies for supplier risk management which shows risks, level of risk and mitigation actions such as provision of sufficient stock, maintain optimal inventory, etc.
Slide 9: This slide shows the do’s and don’ts for effective supplier communication which covers define requirements clearly, share performance information, unfair treatment, etc.
Slide 10: This slide covers the roles and responsibilities in supplier relationship management which includes maintaining strategy, managing transition, implementing projects, etc.
Slide 11: This slide depicts the essential elements of strong supplier agreement which includes description of product and service, contract termination terms, payment terms and insurance details.
Slide 12: This slide emphasizes on the evaluation form to measure supplier performance which includes details about product and service such as code, description, review period, order number and supplier scoring elements.
Slide 13: This slide shows the comparison of supplier relationship management software on the basis of certain features.
Slide 14: This slide represents the supplier relationship management (SRM) benefits to organization and vendor which includes increased performance and low risk.
Slide 15: This slide illustrates the best practices to manage relationship with vendors such as invest in SEM software, maintain effective communication, etc.
Slide 16: This slide highlights the features of supplier relationship management software which includes real time and secure access, workflow, data analytics, etc.
Slide 17: This slide elucidates the supplier relationship management challenges which includes cost cutting, requirement of specialized skills and lack of alignment.
Slide 18: This is the Thank You slide for acknowldegement.