Advancements in technology are redefining how CPOs navigate once familiar waters. This two-part resource will help you reimagine your team, and the skill sets needed for digital revolution, as well as provide the tools to guide your transformation
Tom Nagle
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My career in procurement…Angus McIntosh, associate director at Total Negotiation and former Beiersdorf CPO
Angus McIntosh tells of the similarities and differences working in procurement across a range of industries and the lessons he learnt along the way
A closer look at the challenge process
There are many ways to challenge new ideas, but they should all be constructive, cross-functional and structured
Forecasting the future: A look at current megatrends
Forecasting megatrends can be an exercise in vanity – but it does have a place
Whose IP is it, anyway? (And does it matter?)
Intellectual Property ownership can be a thorny issue in the pursuit of Supplier-Enabled Innovation
Tools of the trade: Technology systems
The use of dedicated technology systems to support Supplier-Enabled Innovation are increasingly in evidence
The role of metrics: An issue of debate
Metrics are important – but more advanced SEI organisations are pragmatic with how they are used
Supplier-Enabled Innovation: A definition
Gaining a common understanding of SEI across the business is the first step in developing a successful program
SEIC Methodology: Team & Capabilities
People make SEI happen, which is why developing team capabilities is one of the most critical components of a successful strategy
SEIC Methodology: Structure
Whether supplier innovation is extracted via dedicated functions, through category management or R&D is a matter of company culture
SEIC Methodology: Supplier Relationship Management
Solid supplier relationship management is a precurser to SEI, including advanced supplier segmentation and performance management
SEIC Methodology: Organisational Alignment
Ensuring that an SEI strategy is carefully aligned with wider business goals – as well as key business units – is one of the key enablers of success
SEIC Methodology: Needs Identification
Identifying consumer needs must be done cross-functionally and embrace a wide range of external inputs if it is to be successful
SEIC Methodology: Metrics & Monitoring
Measuring the effectiveness of SEI is no easy task, but there are ways to prove the value it brings
SEIC Methodology: Knowledge Management
Managing and sharing knowledge is a crucial element of Supplier-Enabled Innovation and key to the success of any initiative
SEIC Methodology: Information Systems
A variety of technology and information systems can be utilised in the pursuit of SEI
SEIC Methodology: Implementation
Procurement must be involved in the implementation of innovation too, playing a key role in facilitating the process of bring a new concept to production
SEIC Methodology: Governance
Innovation is a relatively intangible deliverable and, as a result, strong governance must be in place to ensure its delivery
SEIC Methodology: The Challenge Process
Creating hundreds of ideas is all well and good but a robust challenge process is crucial to ensure that precious resource is spent on the right projects
SEIC Methodology: Ideation
The process of generating ideas can include supplier days, crowd sourcing, open innovation and cross-functional brainstorming sessions, among other approaches