COINS has released a new module: Supplier Relationship Management (SRM). SRM provides a central source of supply chain information which can dramatically raise awareness in all critical relationship areas. The new module offers a beneficial solution for a whole range of users from heads of procurement, chief buyers, category managers through to more contract-based professionals such as project managers and site buyers.

Key business and functional processes supported:

• Spend analysis.
• Procurement strategy, structured approach to supply chain partners, preferred suppliers and approved suppliers.
• Category management.
• Vetting, simple and advanced.
• Trading agreements and reporting on non-compliance.
• Extensive search capabilities.
• Continuous improvement, performance monitoring and history.
• View by project.
• View by trade and commodity.
• Performance Workbench with specific emphasis on critical areas such as Health & Safety.