To compete effectively in the post-Covid-19 world, businesses must digitize their operations and innovate — fast. But innovation can’t be limited to the products and services they sell — competitive advantage starts with the processes used to serve and engage with employees, suppliers, and stakeholders across your organization.
Chief Procurement Officers (CPOs) play a key role in fostering co-innovation. The processes that they put in place to enable effective collaboration significantly strengthens relationships with suppliers and key partners, as well as fosters innovation that is so crucial for business success in today’s rapidly changing markets and supply chains.
Download this May 2020 commissioned study conducted by Forrester Consulting to learn about the significant opportunities to accelerate innovation through improved supplier collaboration. In the report, you will learn:
- How CPOs can engage more effectively with their internal and external stakeholders (especially suppliers)
- What makes suppliers more willing to collaborate and co-innovate with certain organizations over others
- How leading CPOs are building successful collaborative ecosystems
- How technology can accelerate co-innovation with suppliers