Procurement Organizations have several options to induce Supplier Innovation. Approaches include SRM Programs, Supplier Collaboration Models, Fixed Profit Margin Model, Flexible Contract Management, Crowdsourcing, and Entrepreneur Programs.
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Everyone understands the basic concept of Innovation, but the challenge is how procurement organizations can use as well as measure the intangible value generated by Innovation across the supply chain.
In this edition, we bring to you a list of supplier innovations in two categories: Global Airfreight and Global Construction.
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