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. If anything, they wish their suppliers came forward with even more actionable and innovative ideas. In other words, innovation occurs when we bypass or disintermediate procurement. It's leadership.