Gartner Research

Procurement’s Role in Generating Innovation

Published: 28 February 2019

ID: G00417901

Analyst(s): Finance Research Team

Summary

To stay relevant in an environment where cost saving opportunities are scarce, procurement leaders must evolve their value proposition. Through supplier-sourced innovation, procurement can deliver not only bottom-line savings but also top-line growth.

Table Of Contents

Urgency to Innovate

Intersection of Growth, Innovation and Procurement

Rebrand Procurement’s Image

Become an Attractive Innovation Partner

Develop Techniques to Surface Innovation

Evaluate and Manage Innovation Opportunities

Conclusion

About This Research

Presentation Deck

Endnotes

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