March 20th, 2019 | by David Atkinson | Posted in
And another thing…, Procurement, Relationship Transformation, SRM, Supplier Management
Why do organisations seek to innovate, and in particular, why is the Procurement function so interested in tapping-in to supplier’s innovative capabilities? This is mainly because 70% of a typical company’s Cost of Sales is in products and services sourced from external suppliers and providers. That’s where tomorrow’s innovations are
March 20th, 2019 | by David Atkinson | Posted in
Procurement, Relationship Transformation, SRM, Strategic Negotiation, Supplier Management
In this video I discuss Supplier-Enabled Innovation (SEI), and Procurement, and how innovation is an important component of the Supplier Relationship Management (SRM) agenda. We all agree that innovation is a ‘good thing’ and that smart suppliers can supplement the smart people in our organisations in generating new ideas. It’s