Factors affecting Supplier Relationship Management: An AHP Approach

Supplier Relationship Management has been attached paramount importance with a view to maintaining a superior performance of the supply chain in a manufacturing industry. Both academic and corporate are striving hard to establish a long term understanding with the manufacturer and supplier as this will pave the way for a greater success. This paper provides an insight to understand the Supplier Relationship Management and the significant factors affecting the relationship. An attempt has been made to prioritize or rank the Key factors and subsequently Analytical Hierarchy Process (AHP) has been resorted as a tool to rank the different sub factors of the Key factors responsible for the afore-said supplier Relationship management Indubitable, this paper will guide the budding managers of the manufacturing industries as to how to create the buyer supplier bond which will be fulfilling and will provide a win- win situation.