Latest / The Buyer's Side with Fexingo: Procurement, Sourcing, and B2B Purchasing Decisions
How Unilever Procurement Uses Supplier-Led Innovation
In this episode, Lucas and Luna dig into Unilever's open-innovation procurement model, where suppliers submit unsolicited ideas for cost savings and sustainability. They explore how the program works, why it can save up to 50% on certain projects, and how a small packaging supplier's biodegradable sachet proposal saved Unilever $15 million annually. The hosts discuss the mindset shift required for buyers to view suppliers as innovation partners, the role of procurement-led pilot programs, and the risks of intellectual property disputes. Listeners get a concrete framework for…
The skinny
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