{"id":180,"date":"2019-09-11T15:20:25","date_gmt":"2019-09-11T14:20:25","guid":{"rendered":"https:\/\/www.argonandco.com\/services\/procurement\/supplier-innovation\/"},"modified":"2025-08-07T11:41:58","modified_gmt":"2025-08-07T10:41:58","slug":"supplier-innovation","status":"publish","type":"page","link":"https:\/\/www.argonandco.com\/en\/services\/procurement\/supplier-innovation\/","title":{"rendered":"Supplier innovation"},"content":{"rendered":"<h2><b>Introduction and challenges<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The contribution of suppliers to value creation is becoming increasingly important for companies. It means identifying innovations which, combined with the product and service offer, will strengthen competitive advantage. It is also about leaning on reliable partners who actively contribute to the company&#8217;s progress.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Identifying the right supplier to become a leading partner is a challenge that needs careful consideration in the panel strategy. The attractiveness of the company becomes key to attract the best start-ups and to retain historical partners.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Integrating suppliers into the upstream phases of R&amp;D and product development is crucial. Risk-taking must be assumed whilst investing enough resources. Collaboration is not limited to purely contractual aspects but also includes its governance and the management of teams.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Finally, it is also necessary to think from the very beginning of the partnership about sharing profits and investments, otherwise there is a risk of the partnership collapsing that would annihilate all the efforts made so far.<\/span><\/p>\n<h2><b>How we can help\u00a0<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Identification of areas where external collaboration is critical<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Identification of panel suppliers through the evaluation of the balance of power exercised and the evaluation of procurement strategies on supplier panels<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Establishment of multidisciplinary client-supplier teams within projects with appropriate governance, and clear and shared roles and responsibilities<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">On-boarding of suppliers in the upstream phases of R&amp;D and product development within a secure contractual framework<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The implementation of best practices for monitoring and managing QCD performance and risks\u00a0<\/span><\/li>\n<\/ul>\n<div id=\"gtx-trans\" style=\"position: absolute; left: 392px; top: 585.375px;\">\n<div class=\"gtx-trans-icon\"><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Introduction and challenges The contribution of suppliers to value creation is becoming increasingly important for companies. It means identifying innovations which, combined with the product and service offer, will strengthen competitive advantage. It is also about leaning on reliable partners who actively contribute to the company&#8217;s progress. Identifying the right supplier to become a leading [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":44,"menu_order":13,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"region":[],"class_list":["post-180","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Supplier Optimisation | Argon &amp; Co<\/title>\n<meta name=\"description\" content=\"Accelerate growth with supplier optimisation strategies that foster innovation, reduce risk, and unlock long-term value.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.argonandco.com\/en\/services\/procurement\/supplier-innovation\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Supplier Optimisation | Argon &amp; 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