There is more to innovation than just a case of coming up with great ideas.
We consider innovation sourcing to be a core area of focus. Innovation sourcing is about making sure that you have the right way of working in place, so that you can develop better products and deliver them to market more efficiently. Most importantly, this means making sure your supply chain underpins and contributes to the strategic direction you’ve agreed on. In fact, we would go so far as to say that we believe that unless you get this right you’ll limit the potential for your business, your ideas and your ability to achieve commercial goals.
We use our specialists in this area to create an effective, practical structure to integrate your supply chain into new product development, new product introduction and bid preparation. This incorporates tools and processes to support the design & development process to ensure targets are hit and deadlines met.
We start by reviewing your current practices from a supply chain and supplier perspective. For new projects, we manage a process to help identify where your suppliers are better placed to support your objectives, maximising the effectiveness of internal and external resources. We can source new partners and help develop the relationship you have with them as well as energising and focusing the relationship with existing suppliers around the innovation process. This may include looking at low cost country and Asia sourcing solutions as well as the way you negotiate and manage the bid process.
In all of this, we are utterly committed to the innovation process and making sure that every stage of your sourcing and supply chain process reflects this. The outcome will be an ability to introduce new products faster and more efficiently, giving you that vital competitive edge.
"The process has given us greater awareness of the global supply base and market prices, as well as lower costs."