VIZIBL INNOVATION HUB

Supplier Innovation Hub

Supplier-sourced innovation offers new approaches to tackle risk and resilience, ensure supply or uncover alternate solutions in critical categories, re-engineer and remove inefficiencies from business processes, and drive competitive advantage through new products or services. Most critically, it is the fastest way to support the transformation to sustainable business growth.

Given that supplier innovation is typically faster to market and more cost-efficient than home-grown ideas, it’s no surprise that many enterprise organisations are turning to their supply base to address their biggest challenges. But sourcing, governing, and scaling external innovation is notoriously complex. 

That’s why we built Vizibl’s Supplier Innovation Hub.

Supplier Innovation overview

Realise the benefits of supplier-sourced innovation

Standardise, accelerate, and forecast supplier-led innovation, all on one platform, all Vizibl. Build a global supplier innovation pipeline, reduce proof of concept duplication, implement consistent processes, and launch new products and services to market faster. Track ROI in real time across your innovation pipeline and get full visibility into revenue contribution, project speed, and costs. Keep senior stakeholders informed through regular automated reporting, and identify innovation trends to optimise resource allocation and ensure innovation projects are delivered on time and on budget.

Find efficiencies

40% reduction in duplication of innovation projects in 6 months through better supplier innovation management.

Go faster

Externally sourced innovations are commercialised 40% faster than home-grown ideas.

Grow more quickly

Average 196% EBIT growth of companies that regularly innovate with suppliers vs. companies that don't at all.

Explore innovation hub

Explore Vizibl’s Supplier Innovation Hub

Supplier Innovation Hub provides one central location to source, develop, manage, & measure supplier innovation. Customisable initiatives, opportunities, stage gates, and projects allow full freedom to define the nature of the problem statements you submit to suppliers and permit a broad variety of responses, ensuring you can effectively capture innovation from your supply base, triage opportunities, and track from ideation to realisation. Whether you’re seeking innovative solutions on how to better manage a particular category, through to open sourcing transformation for sustainability to reach Net Zero across your global operations, Innovation Hub facilitates and systematises the supplier innovation process.

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Supplier Innovation Hub Datasheet

Vizibl’s Innovation Hub provides a systematic way to source innovation, triage ideas, and increase conversion rates from ideation to measurable results, enabling you to more effectively source, manage, measure, and prove the value of supplier innovation. Get the datasheet to learn more.

Get the datasheet

Vizibl works for all

Vodafone aligns key suppliers worldwide around their strategic objectives

“Collaboration with suppliers and startups is at the heart of our innovation and growth strategy.”

- Ninian Wilson, CEO, Vodafone Procurement Company

Read Vodafone’s story