Report: Harnessing the power of supplier collaboration and innovation
Although buyers are acknowledging the importance of collaboration, procurement has historically struggled to ensure collaborative ventures deliver positive results. Per Procurement Leaders’ Supplier relationship management report, 47% of all collaborations end in failure.
The challenge for procurement is ensuring the function derives greater value from its collaborative initiatives. To do this, leaders must adopt a short-, medium- and long-term view.
Leveraging findings from Procurement Leaders roundtables, presentations, case study interviews and a comprehensive survey, *Harnessing the power of supplier collaboration and innovation *, published in partnership with Accenture, provides CPOs and their teams with insights into:
- Approaches to managing and collaborating with strategic suppliers.
- Identifying barriers to effective supplier collaboration.
- Upgrading the processes, tools and talent procurement teams must leverage to ensure collaboration delivers game-changing innovations.