Gartner Research

Evaluating Innovative Procurement Project Ideas

Published: 04 July 2017

ID: G00386015

Analyst(s): Procurement Research Team

Summary

Companies typically identify innovative procurement ideas by evaluating two vectors — project originality and competitive differentiation. They temper the selection of projects that are overly ambitious or not aligned with broader company goals using criteria that include: strategic fit, significance of impact, feasibility, and efficiency and timelines. Criteria should be weighted based on importance, and using a standard scale to help ensure uniform grading across projects and categories.

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