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More and more organizations are now pursuing Collaborative Supplier Innovation initiatives. Collaborative Supplier Innovation is defined as the joint development of capabilities for both the customer and supplier for the purpose of reduced cost, process improvements, and innovation in products and services.

The essence of Collaborative Supplier Innovation is to work with our suppliers to generate profitable, value-building growth. While Collaborative Supplier Innovation can have considerable payoffs, realizing the payoff requires a big shift in the our internal workings and in managing the supplier network.

This presentation outlines a 3-phase approach to Collaborative Supplier Innovation:

1. Define Innovation Activities
2. Shift Procurement Mindset
3. Manage the Value Chain

Other topics covered include Benefits and Considerations, the Core vs. Non-core Capabilities Matrix, Company Innovation Cycle, among others.

This deck also includes slide templates for you to use in your own business presentations.

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Source: Collaborative Supplier Innovation PowerPoint document

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Collaborative Supplier Innovation

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This business document is categorized under:
Business Framework Primers

File Type: PowerPoint (ppt)

Tag(s): Supplier Management, Innovation

Number of Slides: 23

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Upload date (first version): Jan 25, 2018

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