Buyer-Supplier Relationship Management Systems

This brief paper Is born out of years of experience in the fields of management consultancy and research and seel<s to Investigate strategies and action plans that companies could put in place to leverage their suppliers using, what is now called: Buyer-Supplier Relationship Management Systems (BSRMS). This paper is especially relevant in the post WTO regime where structures are concurrently collapsing and change is at once nonlinear and non Newtonian. The matrix organizational structure is a reality as is the need for holistic stal<eholder management. The boundary-less universe is there for all to see and barriers are being broken as easily as strategic alliances are being firmed up. In view of this fact, companies are forced to thrive on the cutting edge of competition leveraging suppliers using BSRMS is a managerial imperative. This paper seeks to make some observations and posit a set of strategic directions in this regard.