Report on Supplier Relationship Management

Supplier Relationship Management 1
Report on Supplier Relationship Management
Name
Institution
Date
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Supplier Relationship Management 2
Declaration
I solemnly declare that the report on Supplier Relationships Management is my own
based on my coursework and research efforts.
I assert that the works below base on my course work and personal research efforts and
declare that:
i. The works below are my own based on my course work and supervision by my
supervisor.
ii. The works below are not submitted to any other institution of learning or otherwise.
iii. I have followed the guidelines provided by the institution for writing the report.
iv. Whenever the used materials (text or data analysis) were from other sources, there is
proper in-text citation and reference in the reference section.

Supplier Relationship Management 3
Contents
Declaration..................................................................................................................................................2
Contents.......................................................................................................................................................3
Summary.....................................................................................................................................................4
Introduction.................................................................................................................................................5
Strategic Procurement.................................................................................................................................5
Supply Relationship Management...............................................................................................................5
Supply Chain Functions...............................................................................................................................7
Factors Affecting Procurement Functions...................................................................................................8
Greece-Produce Importer in the UK............................................................................................................9
Factors of Supply Chain Management (with Case Studies).......................................................................10
Mitigating Risks Factors of Global Supply Chains....................................................................................12
Recommendations.....................................................................................................................................14
Conclusion.................................................................................................................................................14
References.................................................................................................................................................15

Supplier Relationship Management 4
Summary
Supply chains are as important to a company as is their distributions. Managing the supply
systems ensures that a company receives the materials essential to their operations in time and in
their specified quality. However, the suppliers vary in their performance and the quality of their
products.
These irregularities in the suppliers create the need to manage procurement systems in order to
foster better supplier relationships. Supply Relationship Management seeks to create mutual-
benefit relationships between the purchaser and the supplier. By fostering these supply relations,
the company receives quality materials, at better prices, and in time. They, in turn, provide
information to the supplier on how to improve their production process to better suit their needs
and engage them in future mutually beneficial opportunities.
This paper provides an in-depth analysis of global supply chains, Supply Relationship
Management, and the risks involved in global supply systems. The paper also discusses the
complexity of global supply chains and the risk of crumbling due to international economic
fluctuations. The paper aims to define the convenience of fostering supply relations and ways to
mitigate supply chain risks using management strategies.