The main objectives of supplier management are:
• to develop and maintain a supplier policy;
• to establish and manage constructive relationships with suppliers;
• to negotiate and agree contracts with suppliers that align with the needs of the business and manage these contracts through their lifecycle;
• to ensure, in collaboration with SLM, that contracts that underpin the delivery of other services are aligned with the targets contained in SLRs and SLAs;
• to manage suppler performance to ensure they deliver good value for money;
• to develop and maintain a supporting supplier and contract management
information system.