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
With contributors:
Duncan Jones, Kerstin Wehmeyer, 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.

Want to read the full report?

This report is available for individual purchase ($1495).

Forrester helps business and technology leaders use customer obsession to accelerate growth. That means empowering you to put the customer at the center of everything you do: your leadership strategy, and operations. Becoming a customer-obsessed organization requires change — it requires being bold. We give business and technology leaders the confidence to put bold into action, shaping and guiding how to navigate today's unprecedented change in order to succeed.