Project Abstract

Abstract
Supplier Relationship Management (SRM) plays a crucial role in the success of retail companies by ensuring effective and efficient supply chain operations. This research project aims to analyze the implementation and impact of SRM in the retail industry, focusing on a specific retail company as a case study. The study will investigate the strategies and practices employed by the company in managing its relationships with suppliers, as well as the challenges faced and the outcomes achieved. The research will begin with an introduction providing an overview of the importance of SRM in the retail sector and the rationale for selecting the specific retail company as the case study. The background of the study will delve into the existing literature on SRM in the retail industry, highlighting key concepts and theoretical frameworks that underpin supplier relationship management practices. The problem statement will identify the gaps and challenges faced by retail companies in managing supplier relationships effectively, leading to the formulation of research objectives that aim to address these issues. The limitations and scope of the study will be outlined to provide a clear understanding of the boundaries and constraints within which the research will be conducted. The significance of the study lies in its potential to contribute to the body of knowledge on SRM in the retail industry, offering insights and recommendations for improving supplier relationships and enhancing supply chain performance. The structure of the research will be presented to guide the reader through the organization and flow of the study, including the chapters and sections that will be covered. The literature review will analyze existing research and case studies on SRM and its impact on retail companies, exploring best practices and success factors in supplier relationship management. The research methodology will outline the approach and methods that will be used to collect and analyze data, including interviews, surveys, and data analysis techniques. The findings of the study will be discussed in detail in chapter four, highlighting the key insights, challenges, and outcomes of the case study on SRM in the specific retail company. The conclusion and summary in chapter five will provide a comprehensive overview of the research findings, implications for practice, and recommendations for future research in the field of supplier relationship management in the retail industry. Overall, this research project aims to contribute to the understanding of SRM practices in the retail sector, offering valuable insights for retail companies seeking to improve their supplier relationships and optimize their supply chain operations.

Project Overview