APQC Infographic: Taking supplier management to the next level

In a survey conducted by APQC and SCMR with 128 respondents, 40 percent of organizations currently use SRM. Learn more about supplier management trends in this infographic.

Subscriber: Log Out

Supplier relationship management (SRM) is a method commonly used by organizations to ensure suppliers adhere to contract terms and procurement objectives.

In a survey conducted by APQC and SCMR with 128 respondents, 40 percent of organizations currently use SRM. Of those not using it, 68 percent say it is extremely to moderately likely that they will implement SRM in the near future.

For more information about enhancing the value of your supplier relationships read our Benchmark article from this month’s issue.

Click here for the full size infographic.

APQC recommends that organizations evaluate their key supplier relationships and select the sourcing business model that best fits. Sourcing models can evolve over time as the business changes and events occur. The key is to know when to use the right sourcing business model for the right situation; each serves a different purpose and will garner different results and drive different behaviors from suppliers.


Latest Resources
How to Optimize Your RFID Mandate Labeling within the Supply Chain
Unlock supply chain success by joining SATO America, Loftware, and GS1 Global experts to master new RFID mandates, retail labeling, and…
Read more

About the Author

SCMR Staff
SCMR Staff

Follow SCMR for the latest supply chain news, podcasts and resources.

View SCMR's author profile.


Supply Chain Management Review delivers the best industry content.
Subscribe today and get full access to all of Supply Chain Management Review’s exclusive content, email newsletters, premium resources and in-depth, comprehensive feature articles written by the industry's top experts on the subjects that matter most to supply chain professionals.



Sourcing & Procurement

Inventory Management Risk Management Global Trade Ports & Shipping

Business Management

Supply Chain TMS WMS 3PL Government & Regulation Sustainability Finance

Software & Technology

Artificial Intelligence Automation Cloud IoT Robotics Software

The Academy

Executive Education Associations Institutions Universities & Colleges


Podcasts Webcasts Companies Visionaries White Papers Special Reports Premiums Magazine Archive


SCMR Magazine Newsletters Magazine Archives Customer Service