Current Situation
Procurement lags behind other functions in innovation activities and crowdsourcing. Innovation opportunities, like RFX functionality, have been adopted sporadically (more indirect rather than direct), and “crowdsourcing” procurement has been ignored. Procurement lacks alternatives or better sources of supply, particularly during periods of supply constraint or disruption.
Goals and Objectives
Improving awareness and ability to connect to alternative sources of supply and innovation opportunities to better support efficiency and innovation goals
Technology Deployed
Enterprise hardware, personal devices, cloud/platforms, Big Data/analytics, mobile, applications, connectivity services, next-generation security
Use Case Summary
Expanded procurement options and opportunities for direct and indirect procurement identify alternative sources of supply that are cheaper, faster, and/or better.