2015_Global SRM Research Report - Supplier Relationships

Innovation in action

NATS , the air navigation services provider , has also secured tangible

results in innovation thanks to its collaborative relationships with

suppliers , says Dominic Hastings , head of category management at

the organisation . “ An excellent recent example is Time - Based

Separation , developed with Lockheed Martin , which provides

controllers with a new way of separating arriving aircraft at Heathrow

in order to cut delays caused by strong winds .”

Best practice : Mel Shutes , head of SRM at State of Flux

It ’ s important to define what innovation means to you as a company .

Establish business processes that support both supplier - led or

business challenge - led innovation . We recommend technology

being used to help enable these processes and support

communication . When you have decided your innovation strategy ,

processes and technology approach it needs to be communicated

to suppliers . Once you have done this , and innovative ideas are

flowing , our advice is to focus on areas where you see real

challenges or opportunities and where innovation will provide the

greatest return on investment .

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