Estimating the value of SRM
April 27, 2012
Last week I enjoyed the experience of working with MBA students at the University of Birmingham, on a day dedicated to concepts and implementation of SRM, when we snagged on the tricky issue of quantifying the benefits that result from supplier management. I suggest this is ‘tricky’ because there remains no consensus on the quantum of additional value that can be predictably achieved from SRM, nor how you would actually measure the benefits. (more…)
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