2015_Global SRM Research Report - Supplier Relationships

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This lack of investment is particularly serious , given that 46 % of

respondents believe that their organisation needs to improve

strategic thinking , 41 % say cross - functional working skills need to get

better and 37 % say communication skills need attention . This is

especially shocking given that a lack of people with the requisite

skills is seen as the second - biggest barrier preventing progress in

SRM . In other words , this failure to invest in training is having a direct

impact on performance , which in turn may limit the value that SRM

brings .

On the other hand , leading companies such as Procter & Gamble

are reaping the rewards of comprehensive , well - structured training

programmes . The fast - moving consumer goods business , the

world ’ s biggest manufacturer of household and personal care

products and a leader in SRM , ensures that its staff have the

technical and business skills that they need . “ Successfully managing

supplier relationships takes great listening and communication skills ,

strong strategic thinking and analytical skills , leadership and

influencing skills , and even project management skills ,” explains

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