Supply Management Review

Supply Management Review is a process where organizations assess their purchasing and supply chain activities to ensure efficiency, cost-effectiveness, and risk management. It involves analyzing supplier relationships, procurement strategies, and inventory practices to identify areas for improvement. The goal is to optimize how resources are acquired and managed, reduce costs, enhance quality, and ensure timely delivery. Regular reviews help organizations adapt to market changes, maintain strong supplier partnerships, and support overall business objectives. In essence, it’s a strategic evaluation to ensure that the supply side of the business operates smoothly and efficiently.