SRM

{
  "id": "MLC-T-IND-005580",
  "term": "SRM",
  "field": "Industrial and trades",
  "definition": "Supplier Relationship Management: A systematic approach to evaluating and interacting with suppliers of goods and services. This practice focuses on developing mutually beneficial relationships with key suppliers to achieve long-term value and mitigate risks. It involves activities such as supplier segmentation, performance monitoring, and collaborative planning.",
  "subject": "Industrial supplies, equipment, and components",
  "translations": {
    "de": "SRM",
    "es": "SRM",
    "fr": "MRN"
  },
  "url": "https://mlchart.com/terminology/industrial/srm/"
}