Supplier Relationship Management (SRM)

Astellas recognizes that to be on the forefront of healthcare change to turn innovative science into VALUE for our patients, arises from an efficient and ethical relationship between our suppliers and Astellas.

Supplier Relationship Management (SRM) establishes a consistent global strategic framework across the company for efficiently managing relationships with our key suppliers with the goal of driving innovation and value delivery for Astellas. The global SRM program will provide a structured framework that will focus on these core deliverables: segmentation, governance, performance and continuous improvement.

By systematically managing our key suppliers it will allow Astellas to thrive and decrease our exposure to risk. Astellas is accountable to all suppliers for conducting its Procurement & SRM activities with integrity. Accordingly, Astellas is committed to conducting its Procurement activities in a manner that is fair and that balances a consistent and transparent approach with flexibility to obtain goods and services that represent the best value for our products and for our patients.

The Global SRM Program will provide quantifiable benefits for both Astellas and our Suppliers

Define a clear governance framework to manage performance
Enable global cross-functional supplier interaction and collaboration with business stakeholders
Drive new innovations within Astellas
Alignment with Astellas Corporate Strategy Plan that results in:

Reducing exposure to ‘Supply’ risk; obtain preferential treatment by becoming customer of choice

Leveraging on supplier capabilities; establish joint value creation, and enhance innovation and sustainability

Driving incremental Value; value for money and efficiency improvements on processes with positive P&L impact

Identify opportunities for future growth
Efficient use of resources: no more re-creation of similar activities through different resources and technologies/ tools (leverage one SRM Platform to create dashboard visibility)

Global SRM Framework

Key pillars – Supplier Relationship Management

This guidance has been designed for our key suppliers to describe the Astellas ‘Supplier Relationship Management’ (SRM) program and emphasize the fundamental message that “nurturing and enhancing” our supplier relationships will allow all organizations to thrive”.

Astellas is accountable to all suppliers for conducting its Procurement and SRM activities with integrity. Accordingly, Astellas is committed to conducting its Procurement activities in a manner that is fair and that balances a consistent and transparent approach with flexibility to obtain goods and services that represent the best value for our products and for our patients.

If you have any questions, please send an email to Supplier Collaboration team.

Supplier Relationship Management (SRM)