Exam CSCP topic 1 question 509 discussion

The goal of SRM is to build strong relationships with key suppliers that can help the company achieve its business objectives

B. improvement of the interactions and business processes between buyers and suppliers. Supplier relationship management (SRM) focuses on building strong relationships with suppliers, which can lead to better communication, collaboration, and overall process efficiency. By improving interactions and streamlining business processes, companies can reduce costs, enhance innovation, minimize risks, and ensure a more reliable and responsive supply chain. While the other options may be indirect benefits or components of SRM, the primary benefit can be attributed to the improvement of interactions and business processes between buyers and suppliers.