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Updated: Jul 7, 2025

Supplier Relationship Management (SRM) has never been more important or more complex. Global volatility, ESG demands, digital disruption, and the race for innovation are reshaping how procurement teams operate. For SRM professionals, technical know-how is no longer enough. The future belongs to those who can build influence, lead collaboration, and drive value beyond cost. These are the future skills for SRM.


But what are the actual skills that define the future of SRM? And how can organisations assess and grow these capabilities across their teams?


SRM Skills

At SRM Tribe, we’ve spent years researching and supporting the development of SRM professionals. We’ve mapped the real-world capabilities that set high performers apart — and built a practical tool to help teams understand where they stand.


Why SRM Is Evolving


The role of SRM is shifting from contract policing to value co-creation. Today’s supplier managers need to:

  • Navigate complexity with confidence

  • Balance commercial, ethical, and strategic goals

  • Enable innovation from the supply base

  • Influence internal stakeholders and external partners

  • Respond to disruption with agility and resilience


This shift demands a new blend of hard and soft skills. Technical knowledge still matters, but it must be paired with strategic thinking, emotional intelligence, and systems leadership.


The 7 Future-Ready SRM Skill Areas

Here are the emerging skill domains every SRM professional needs to develop:


1. Commercial Strategy & Value Engineering

Not just negotiating better deals, but shaping the commercial model for long-term shared value.


2. Innovation & Supplier Development

Actively enabling supplier-led innovation, co-creation, and capability building.


3. Sustainability & ESG Alignment

Embedding responsible sourcing, carbon reduction, and social value into supplier partnerships.


4. Digital & Data-Driven SRM

Using platforms, analytics, and digital signals to manage relationships, not just transactions.


5. Contractual Agility & Risk Sharing

Building flexible, fair contracts that support resilience and shared accountability.


6. Organisational Influence & Advocacy

Bridging silos, influencing without authority, and aligning cross-functional teams around supplier strategies.


7. Trust, Resilience & Relational Intelligence

Building trust quickly, adapting under pressure, and maintaining productive partnerships through uncertainty.


How Do You Know Where You Stand?

Recognising the importance of these skills is one thing. Measuring them is another.

That’s why SRM Tribe created the SRM Skills Assessment — a comprehensive yet accessible tool designed to help individuals and teams benchmark their capabilities.

You can take part in two ways:

Individual Assessment (Free):Get a personalised 2-page summary report highlighting your SRM strengths, growth areas, and development opportunities. Great for self-reflection or career planning.

Company-Wide Assessment:We offer tailored, organisation-wide assessments that provide team and function-level insights. Ideal for capability planning, learning & development, and transformation programmes.



Why SRM Tribe?

We’re more than a research and capability consultancy — we’re SRM specialists with real-world insight. We’ve worked with global procurement teams, industry bodies, and progressive supplier managers to define what good looks like in SRM.

Our tools are grounded in experience, backed by data, and built for action.

Whether you’re just getting started or leading a global SRM strategy, we can help you turn capability into competitive advantage.


Start Building the Skills That Matter

SRM is changing and the most successful professionals are those who learn, adapt, and lead.


Take the SRM Skills Assessment today and discover where you shine and where you could grow. Whether you go it alone or assess your whole team, SRM Tribe is here to support your next step.

 
 
 

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