• Title/Summary/Keyword: SRM(Supplier Relationship Management)

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Case Study on Key Activities for Effective Supplier Relationship Management(SRM) (효과적인 공급자관계관리(SRM)를 위한 핵심활동 사례연구)

  • Choi, Hye Won
    • Asia-pacific Journal of Multimedia Services Convergent with Art, Humanities, and Sociology
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    • v.9 no.4
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    • pp.813-823
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    • 2019
  • Supplier Relationship Management (SRM) is a strategic partnership activity for an enterprise and is expected to be a significant performance element in the current enterprise environment where uncertainty is growing. Despite the effective SRM allows companies to manage quality and inventory throughout their logistics procurement process with their suppliers and increase the profitability of the company, there is a scarce of theory about supplier relationship management (SRM) and many companies are not aware of the importance of SRM and depend only on simple electronic purchasing methods. Therefore, I analyze the H Company as a case company, which is a large domestic company and has reached 2,500 domestic and overseas suppliers. SRM process and its effects are evaluated as (1) Purchasing strategy division 2) Process division (3) IT infrastructure division. By analyzing SRM as one of the management strategies that bring the overall value of enterprise performance up, and by looking at how domestic large corporations manage their suppliers, I hope that manufacturers with many suppliers will recognize the importance of SRM and build an SRM tailored to their business.

- The Study on Emphasis Construction Plan for Efficient SRM(Supplier Relationship Management) System- (실용적인 SRM(Supplier Relationship Management) 시스템을 위한 중점구축 방안에 관한 연구)

  • Park Yung Ki;Yang Kwang Mo;Seo Jang Hun
    • Journal of the Korea Safety Management & Science
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    • v.6 no.3
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    • pp.175-186
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    • 2004
  • The compatibility of the enterprises of Korea was the 'low cost and mass production'. That in because, the entire business transactions including production, accounting, personnel management, and logistics need to be integrated with a global perspective. Logistics information system is to support the management of such logistics activities and involves in a wide range of the business operations. In other words, the logistics information system is 0 accurately and rapidly deliver and process the information available for the logistics in order to promote more smoother and efficient logistics by using such information. I'll give a brief introduction to the SRM(Supplier Relationship Management) system and go into the problem that should be considered and which phase to emphasize when building this system.

A Study on Supplier Relationship Management System for National Public Procurement (국가 공공조달을 위한 조달업체 평가관리 시스템에 대한 연구)

  • Lee, Ig-Hoon
    • The Journal of Society for e-Business Studies
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    • v.16 no.1
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    • pp.101-116
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    • 2011
  • As e-Commerce and national public procurement have been enabled, needs of supplier management and evaluation system for national public procurement has been growing. Enterprises have constructed and operated supplier relationship management system, in order to automate and increase their supply chain processes by managing the strategic assessment of relationships with external partners. Recently, PPS(Public Procurement Service) in Korea is introducing the concept of SRM to ensure the fairness of public procurement and to strengthen the competitiveness of the national public procurement and public procurement. For this purpose, it is necessary to establish supplier evaluation management and decision support process to allow a transparent supplier selection. In this paper, we present an evaluation method for transparent and objective public procurement. We also present a method for purchase decision support.

A Study on Determine SLV(Supplier Lifetime Value) for Selecting Supplier (공급자 선정을 위한 SLV(Supplier Lifetime Value) 결정에 관한 연구)

  • 채영철;양광모;강경식
    • Proceedings of the Safety Management and Science Conference
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    • 2003.11a
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    • pp.113-116
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    • 2003
  • In the recent environment of globalization where fierce competitions exist between manufacturers, SRM(Supplier Relationship Management) plays important role in the strategies of companies, and managements of companies try their best efforts in establishing the strategy to accomplish the innovative relationship between supply chain channels. The structure of the partnerships we develop with not only customers but also suppliers will in many cases determine the degree of success of the relationship. A successful partnership provides an opportunity for shared risk while maximizing the opportunity for mutual success whether it's with supplier. To follow this paper show how SLV(Supplier Lifetime Value) can be used to structure the supplier in automotive part manufacturer, This method of selection is described, and a detailed example of how SLY can be used and allocation of order quantity for the selected suppliers also are provided.

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BestChoice SRM: A Simple and Practical Supplier Relationship Management System for e-Procurement (BestChoice SRM: 전자 조달을 위한 단순하며 실질적인 공급사 관계 관리 시스템)

  • Lee, Dong-Joo;Kang, Seung-Seok;Lee, Sang-Keun;Kim, Young-Gon;Chang, Jun-Ho;Lee, Sang-Goo
    • The Journal of Society for e-Business Studies
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    • v.12 no.3
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    • pp.177-191
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    • 2007
  • Supplier relationship management (SRM) is an important contributor to a company's efficiency and credibility. Although several ways are used to provide SRM functionality, these are often not easily integrated with existing procurement systems. We designed and implemented a practical SRM system called BestChoice SRM and present its design and architecture. It has the core functionality of SRM with the simple adaptability of BestChoice which is a decision support system for evaluating suppliers with the aid of visualized analysis It allows seamless integration with existing systems and permits flexible strategy changes as market conditions shift. The key to this flexibility is template-based segmentation. Ease of integration was demonstrated through the installation of BestChoice SRM at a major Korean commercial e-procurement agency.

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A Study On Realization of SLV System for Selecting Supplier (효율적인 공급자 선정을 위한 SLV(Supplier Lifetime Value)시스템 구현에 관한 사례 연구)

  • 양광모;박재현;강경식
    • Journal of the Korea Safety Management & Science
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    • v.6 no.2
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    • pp.167-178
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    • 2004
  • Supply chain management and e-procurement system built in the company, are set goal of internal process improvement. This paper show how SLV(Supplier Lifetime Value) can be used to structure the supplier in automotive part manufacturer, the method of selection is described and a detailed example of how SLV can be used and allocation of order Quantity for the selected suppliers also are provided, and aims at giving a method to realization profitable supplier relation using search for SL V system development which is making corporation with supplier, in the favor of decision supplier.

National Public Procurement Innovation through SRM (SRM 솔루션을 통한 국가 공공조달 시스템 혁신 방안)

  • Chang, Juno;Lee, Jae-Won;Lee, Ig-Hoon;Lee, Sang-Goo
    • Journal of KIISE:Computing Practices and Letters
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    • v.14 no.9
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    • pp.823-834
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    • 2008
  • Recently, interests for SRM have been increasing rapidly to automate the whole processes of supply chain from sourcing to procurement and improve the whole efficiency of supply chain by strategically managing the relationship with external partners (suppliers). The national procurement service of Korea is trying to build new paradigms by introducing SRM for improving the competitiveness of national public procurement service. For this, a new assessment model for evaluating and selecting suppliers with fairness and objectivity should be developed. In this paper, we propose a new SRM solution including a model that evaluates and grades of suppliers' capabilities of performing the contracts. We also explain the innovation of national public procurement system through this SRM solution.

Strategies for Successful Supplier Relationship Management(SRM) in the SI Industry (SI 산업의 공급자관계관리(SRM) 모델 : 전략적 파트너십 협력관계로의 발전)

  • Cha, Kyung-Jin;Lee, Zoon-Ky;Cha, Joon-Seub
    • The Journal of Society for e-Business Studies
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    • v.17 no.3
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    • pp.105-116
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    • 2012
  • In the system integration (SI) industry, improving relationships with outsourcing partners is one of the key challenges faced by SI companies that aim to increase productivity and reduce costs. In the SI industry, over 80% of project development work is performed by these outsourcing partners. Hence, large SI companies focus on fostering high-performing partners through improved cooperation and mutual relations. However, in the SI industry the existing process of managing outsourcing partners is unable to advance to the level of long-term partnerships due to inadequate information sharing and communication in the process of selecting and assessing a potential and existing partner. Based on the theory of partnership, this study identifies the success factors for new strategic partnerships. Further, this study presents a model for assessing partner companies to promote increased productivity and improve the relationship between an SI company and its partner. In addition, this model is used to assess partner relationships for a well-known SI company "A". This study explores the feasibility of a new framework model.