Supplier relationship management software leverages supplier data to identify fitting suppliers depending on necessities, explore their performances and enhance supplier collaboration. These tools help companies to:
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We use the data sources on the side for ranking solutions and awarding badges in supplier relationship management (srm) software category. Our data sources in supplier relationship management (srm) software category include;
review websites
social media websites
search engine data for branded queries
According to the weighted combination of 7 data sources
SAP Ariba
Jaggaer
Tradeshift
MediusFlow
SMART by GEP
Taking into account the latest metrics outlined below, these are the current supplier relationship management (srm) software market leaders. Market leaders are not the overall leaders since market leadership doesn’t take into account growth rate.
SAP Ariba
Tradeshift
Jaggaer
MediusFlow
Anvyl
These are the number of queries on search engines which include the brand name of the solution. Compared to other Supply Chain & Logistics categories, Supplier Relationship Management (SRM) Software is more concentrated in terms of top 3 companies’ share of search queries. Top 3 companies receive 80%, 8% more than the average of search queries in this area.
62 employees work for a typical company in this solution category which is 41 more than the number of employees for a typical company in the average solution category.
In most cases, companies need at least 10 employees to serve other businesses with a proven tech product or service. 15 companies with >10 employees are offering supplier relationship management (srm) software. Top 3 products are developed by companies with a total of 8k employees. The largest company building supplier relationship management (srm) software is Informatica with more than 4,000 employees.
Taking into account the latest metrics outlined below, these are the fastest growing solutions:
SAP Ariba
Jaggaer
Tradeshift
MediusFlow
SMART by GEP
We have analyzed reviews published in the last months. These were published in 4 review platforms as well as vendor websites where the vendor had provided a testimonial from a client whom we could connect to a real person.
These solutions have the best combination of high ratings from reviews and number of reviews when we take into account all their recent reviews.
This data is collected from customer reviews for all Supplier Relationship Management (SRM) Software companies. The most positive word describing Supplier Relationship Management (SRM) Software is “Easy to use” that is used in 8% of the reviews. The most negative one is “Difficult” with which is used in 5.00% of all the Supplier Relationship Management (SRM) Software reviews.
According to customer reviews, most common company size for supplier relationship management (srm) software customers is 1,001+ employees. Customers with 1,001+ employees make up 39% of supplier relationship management (srm) software customers. For an average Supply Chain & Logistics solution, customers with 1,001+ employees make up 35% of total customers.
These scores are the average scores collected from customer reviews for all Supplier Relationship Management (SRM) Software. Supplier Relationship Management (SRM) Software is most positively evaluated in terms of "Customer Service" but falls behind in "Likelihood to Recommend".
This category was searched on average for 555 times per month on search engines in 2022. This number has decreased to 480 in 2023. If we compare with other supply chain & logistics solutions, a typical solution was searched 1k times in 2022 and this decreased to 590 in 2023.