Robotic Process Automation and Supplier Relationship Management: Improving Collaboration and Performance

Abstract

This research paper explores the intersection of Robotic Process Automation (RPA) and Supplier Relationship Management (SRM) and their potential to enhance collaboration and performance within organizations. RPA, a technology that automates repetitive tasks, has gained prominence for its ability to streamline operations. SRM, on the other hand, focuses on managing interactions with suppliers to maximize value. By integrating RPA with SRM practices, organizations can optimize processes, enhance communication, and foster stronger partnerships with suppliers. This paper examines the benefits, challenges, and best practices associated with leveraging RPA in SRM, providing insights for organizations seeking to improve collaboration and performance in their supply chain operations.