Vision Report

Rework Your Sourcing Practices To Fuel Innovation And Growth

Future Fit Leaders Will Embrace Internal Collaboration And External Partnerships For Sourcing Success

April 21st, 2022
Jeffrey Rajamani, Sr Analyst
Jeffrey Rajamani Sr Analyst
Pascal Matzke, Vice President, Research Director
Pascal Matzke Vice President, Research Director
With contributors:
Kerstin Wehmeyer , Duncan Jones , Kara Hartig

Summary

As companies strive to become more customer obsessed, they need to rework their sourcing practices to create more strategic value in a sustainable way. The value-add of sourcing needs to extend not only from procuring products and services and adapting traditional supplier relationships but also to creating and managing strategic partnerships, driving co-innovation, and even facilitating new business models. This report summarizes our observations and recommendations for what’s needed to rework your sourcing practices to fuel innovation and business growth.

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