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What is Sourcing Innovation

Handbook of Research on Internationalization of Entrepreneurial Innovation in the Global Economy
As sourcing involves the procurement process of continuously improving purchasing activities of an organization, sourcing innovation encompasses all institutional activities aimed at procuring innovative, added value activities in order to complement the organization’s competences and activities.
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)
DOI: 10.4018/978-1-4666-8216-0.ch022
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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