Procurement as the catalyst for organisational innovation

To survive, businesses must innovate, evolving their products and processes. Innovation drives efficiencies, enhances customer satisfaction and delivers growth. But innovation is not easy. Spotting innovation opportunities can be difficult. Overcoming inertia can be difficult, as can ‘thinking outside the box’.

Although procurement – which is uniquely placed to connect business challenges to supply chain expertise – should be the function to drive new product and process ideas, many functions are failing to do. Be it as a result of skills gaps, engaging with the wrong stakeholders, or being overly focused on cost, teams are leaving value on the table.

Download Procurement as the catalyst for organisational innovation, in partnership with Procurement Leaders, to access unique insight into:

• The value of procurement- and supplier-led innovation, and how this can elevate the function's standing within the business.
• The skills and mindset that buyers must develop to move beyond cost to value and, with it, driving new ideas.
• Real-life case studies demonstrating the value of procurement-led innovation