Unlocking the True Value of Supplier Relationships
Supplier relationships are evolving into opportunities for growth and innovation.
During times of geopolitical uncertainty, some of the most resilient supply chains are those where relationships go beyond being merely transactional.
For business resilience, particularly in today's climate, corners should not be cut and business leaders should prioritise building strong relationships with suppliers rather than focusing on cost savings.
At Procurement & Supply Chain LIVE London 2025, Nicolai Jensen, CEO of LeanLinking, will take part in a fireside chat to share insights on moving beyond cost savings when building supplier relationships.
To secure your tickets and hear from procurement and supply chain specialists, click here.
Supplier relationship management systems
Building supplier relationships can be tough, especially because a good relationship depends on trust and transparency.
When so many moving parts contribute to a relationship, understanding those parts can become an issue, particularly if done manually.
Hours of admin go into these manual processes, resulting in bottlenecks and a lack of visible progress. Moreover, hunting for data due to fragmented supplier data can lead to blind spots and guesswork, rather than confident and accurate decisions.
It leads to slow communication time filled with gaps and a lack of accountability, which can result in frustrating and fraught supplier relationships.
However, with supplier relationship management (SRM) systems, this can all be streamlined and autonomised, resulting in faster, better informed decisions.
Collaboration becomes an easier process between teams and suppliers, leading to transparency and accountability – a huge factor when it comes to financial and sustainable planning. Business leaders can measure the information which is a priority for each company, ensuring they have the right suppliers for their goals.
Creating supply chain visibility
LeanLinking provides an all-in-one SRM platform designed to streamline compliance, supplier performance and procurement processes.
Through SRM platforms like LeanLinking, companies can ensure full supply chain visibility and be confident their suppliers hold the same values.
LeanLinking has more than 20,000 suppliers registered, representing 24 industries across 34 countries.
Its all-in-one SRM platform includes:
- Supplier performance tracking and scorecards, with soft insights to encourage better performance
- Compliance tracking and document management, including supplier follow-ups and automated document collection
- Automated reminders and data collection
- Entire SRM cycle management, from onboarding to development
- Third-party integrations
Unlocking the value of supplier relationships
At Procurement & Supply Chain LIVE London, attendees can enjoy a fireside chat with Nicolai Jensen, CEO of LeanLinking.
It will take place on Day 1 (23 September) of the event on the Supply Chain Stage from 3pm.
Nicolai will discuss practical approaches to leveraging data and collaboration in order to unlock the full potential of supplier ecosystems.
Strong supplier relationships can make a major difference to supply chain strength and resilience. Nicolai argues they should not be sacrificed for cost savings.
About Procurement & Supply Chain LIVE London 2025
Procurement & Supply Chain LIVE is returning to the Business Design Centre in London for its annual Global Summit.
This unmissable event is aimed at facilitating knowledge sharing and connections among the world's procurement and supply chain leaders.
Those attending can enjoy inspiring keynotes, engaging panels and exclusive workshops covering a diverse range of topics, including supply chain transformation, procurement technology, sustainability and ESG, AI, finance, logistics and supplier relationship management.
To secure your tickets, click here.
