The only way continuous innovation is achieved in corporations today is by partnering with diverse suppliers who bring new technologies and new ways of approaching solutions.
By Wilfred Smith
Technology is almost synonymous with innovation today, though innovation can be triggered through other channels. For example, suppliers can collaborate with their customers to develop new sourcing options, but it is technology that is usually at the heart of innovation today.
Suppliers can develop new technologies as products and services; embrace advanced technologies to improve existing offerings or internal efficiencies; use technologies to develop solutio....