SRM System Audits

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SRM System Audits2017-09-23T21:30:39+00:00
Outperform SRM - SRM Systems Audit Review Oil Gas Energy Utilities

Outperform SRM – SRM Systems Audit Review Oil Gas Energy Utilities

OutPerform SRM – SRM System Audits

Managing relationships with suppliers is just as important to business success as managing relationships with customers. There is a similarly huge amount of information to be recorded, made available and acted upon – meetings, telephone calls, agreements, time-scales, project mile-stones. Managing this trail of information and action points is complex, but vital to achieving success in business today.

While the majority of Operators and many of the larger top tier Service companies within the oil and gas industry have implemented Supplier Relationship Management Systems recent research has shown that of these initiatives very few are delivering the value add that the sought to achieve during the planning and implementation phases. This is due in part to the lack of understanding on what is needed from a systems perspective for success and value add creation within an SRM System.

Key Modules needed for an effective SRM System include but not limited the following:

  • Supplier Registration
  • Supplier PreQualification
  • Contract Management
  • Supplier Segmentation  Mgt
  • Supplier Performance Mgt
  • Supplier Diversity Management
  • Supplier Audit
  • Supplier Action Tracking
  • Supplier Collaboration
  • Supplier Catalog Mgt
  • Supplier Master Data Mgt
  • Supplier e-Invoicing / P2P
  • Supplier Information Mgt
  • Supplier Risk Management
  • Supplier Exit Management

Getting one or more of these wrong can result in the SRM initiative not delivering to its full potential or even worse becoming an added chore for both category managers and their suppliers. No one wants to be associated with initiatives that either fail to deliver or worse still that are a complete failure.

To ensure that your organisation gets it right Outperform SRM offer a range of short term Audit engagements that can deliver true value and ROI for your SRM initiative.

No matter the challenge, we focus on delivering practical and enduring results, and equipping our clients to grow and lead. We partner with clients to both deliver and put audit recommendations into practice. Our implementation specialists work directly with clients over long periods to help develop workforce skills, drive operational improvement, and apply new working methods.

For a Free 20 minute (no obligation) discussion call click here and we will contact you to arrange a suitable date and time for a brief tele call.

Alternatively simply complete the below details and area of interest and we will send the relevant information to you by email :