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What is Innovative Suppliers

Chapter 22
Handbook of Research on Internationalization of Entrepreneurial Innovation in the Global Economy
An innovative supplier is the result of working collaboratively with suppliers in order to generate profitable value-added activities. It stems from the fact that as companies can rely on a cadre of value-added, competence enhancing suppliers in what pertains to generating innovation, firms can reshuffle their internal capabilities improving differentiation while reducing costs.
Published in Chapter:
Supply Chain Management: Identifying Innovative Suppliers
António Moreira (DEGEI, GOVCOPP, University of Aveiro, Portugal) and Ana Carolina Soares de Carvalho (University of Aveiro, Portugal)
Copyright: © 2015 |Pages: 22
DOI: 10.4018/978-1-4666-8216-0.ch022
Abstract
The main purpose of this chapter is to develop an exploratory proposal for identifying innovative suppliers, creating knowledge in an area not very deeply explored. Based on a literature revision based on the innovative supplier identification and management, the study suggests that innovative suppliers are highly specialized and technically competent companies, located nearby their customers and take part on their client's improvement program. Based on the literature revision, a framework analyzing client-supplier relationships throughout the supply chain is proposed. The framework uses the strategic alignment concept between clients and suppliers. Finally, 61 questions were developed to identify the innovative suppliers.
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