SRM Knowledge Check Practice Test 2025 – Your All-in-One Guide to Master SRM Success!

The goal of Supplier Relationship Management (SRM) is to foster stronger relationships with suppliers to efficiently manage risks, enhance collaboration, and streamline processes within the supply chain. Each of these objectives is centered around improving the overall effectiveness and robustness of supply chain operations.

Increasing stock levels unnecessarily does not align with the core principles of SRM. Typically, SRM aims for optimal inventory management that balances supply and demand, minimizes holding costs, and reduces waste. This includes strategies such as just-in-time inventory and effective coordination with suppliers to ensure materials are available as needed, without excess supply. Thus, an unnecessary increase in stock levels would contradict the objectives of efficiency and risk management that SRM seeks to achieve.