Blog Pick of the week: Innovation has a role in procurement
I attended a conference this week with discussions revolving around suppliers and procurement working together to develop innovative solutions. In this economy, those organizations that can work in this manner will gain loyal costumers.
I don't want you to think this is child's play. It is actually somewhat difficult and relies on trust and building strong relationships. The team we see here is very cooperative and working collaboratively.
Paul Teague had an interesting blog a few weeks ago regarding this topic. A half-baked idea is better than no idea is how he puts it. We need to start somewhere so it is great when someone speaks up with their perspective.
What does your organization do to develop innovative solutions with your customers or suppliers? Have you had any successes with this that you would like to share? What are some lessons learned that you have had?