Supplier Relationship Management (SRM) is a systematic approach to assessing and managing the interactions with third-party businesses that supply goods and services to an organization. Coursera's SRM catalogue equips you with the skills to effectively manage, administrate, and improve your organization's supplier relationships. You'll learn key concepts like strategic sourcing, supplier segmentation, supplier performance evaluation, risk management, and contract negotiation. This course will also help you to understand value creation, collaborative innovation, and how to build a robust SRM structure, thereby enabling you to foster strong, mutually beneficial relationships with your suppliers.