Supply Management Professional (SMP)

A Supply Management Professional (SMP) is a trained expert responsible for overseeing and coordinating an organization's procurement and supply chain activities. They ensure that the company acquires quality products and services at the right cost, time, and quantity, while managing supplier relationships and minimizing risks. SMPs develop strategic procurement plans, negotiate contracts, and analyze market trends to improve efficiency and cost savings. Essentially, they help organizations efficiently manage their resources and ensure a steady, reliable flow of necessary goods and services to support operations and objectives.