Latest / The Buyer's Side with Fexingo: Procurement, Sourcing, and B2B Purchasing Decisions
How One Buyer Used Supplier Innovation Days to Find Breakthrough Ideas
In this episode of The Buyer's Side, Lucas and Luna explore how a mid-size automotive parts buyer used Supplier Innovation Days to surface new product ideas and process improvements. They walk through the story of a procurement director at a $2 billion supplier who invited 15 key suppliers to a day-long event, asking each to present a problem they could solve together. The result: three patentable ideas, a 12 percent reduction in scrap waste, and a new collaborative framework that turned transactional suppliers into strategic partners. Lucas breaks down the logistics: how to structure…
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