Category Archives: SRM

Buyer-Supplier Power: Concept Not Practice

In this second in a series of blogs from Chris Lonsdale on the concept of power in buyer-supplier relationships, he cautions practitioners not to confuse the concept of power with the lazy assumption that it determines how relationships should be managed … Continue reading

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Supplier Relationship Management: 10 Guiding Principles

In my work training or consulting with clients, and lecturing to MBA students in procurement and supplier relationship management (SRM), a number of general principles (axioms, if you like) have emerged that people find useful when it comes to understanding, … Continue reading

Posted in Customer Insight, Procurement, Selling to Procurement, SRM, Supplier Management | Tagged , , , , , | 1 Comment

G4S: the lessons for Procurement

      Pre-opening ceremony, G4S dominated the London2012 Olympics news, and there has been much comment on the reasons why it failed to meet the contracted-for volume of security personnel, with demands for retribution against the company.  Talk has … Continue reading

Posted in Negotiation, Performance Management, Procurement, SRM, Strategic Negotiation, Supplier Management, Supplier Management Case Studies | Tagged , , , , , | Leave a comment

Intention: Is this the story of your failing SRM programme?

Picture the scene; last year you attended an inspiring conference where you listened to speakers waxing lyrical about the benefits that were emerging from their shiny new supplier relationship management (SRM) programme and how they’d moved into the new post-contract value improvement game. … Continue reading

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SRM value: putting a figure on it.

A couple of weeks ago I was enjoying my regular experience of working with MBA students at the University of Birmingham, on a day dedicated to concepts and implementation of Supplier Relationship Management (SRM), when we snagged on the tricky … Continue reading

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Procurement and social media: does it have a future?

In a recent SM100 poll, buyers were asked whether they or their department used social media to help them with their day job. The results were evenly matched. The boom in the use of Twitter, Facebook and LinkedIn is a … Continue reading

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