Supplier relationship management (SRM) software manages the interactions with the organization's that supply the goods and services to an enterprise.

Question

Quizplus · Accepted Answer

Supplier relationship management (SRM) software is designed to manage the interactions with the organization's suppliers. It helps in streamlining the procurement process, establishing better communication channels with the suppliers, managing contracts and agreements, tracking performance metrics, and ensuring compliance with regulations and standards. Therefore, option A is correct.

Supplier Relationship Management (SRM) Software Manages the Interactions with the Organization's