Procurement's Best-Priced Deal May Stifle Innovation
Harvard Business Review
DECEMBER 1, 2011
Every single innovation conversation I've had recently with business unit leaders, product managers and/or marketing executives invariably focuses on the importance of partnership and collaboration with their best suppliers and vendors. Conversely, I have not had one conversation with a procurement executive or officer for whom an innovation partnership with vendors was mentioned as a corporate priority. It's leadership.