Bayer AG Explains How Supplier Innovation Accelerates Ideas

As part of the innosabi Customer Panel at the Daimler Digital Life Days 2018, we had the opportunity to talk in detail with Nicolas Limbach about the use of innosabi software at Bayer AG. Nicolas Limbach is responsible for the promotion and implementation of innovation in the procurement process in the strategic purchasing department – especially for the areas of health and crops. In doing so, Bayer AG relies on its huge network of suppliers and integrates them into innovation projects with the help of the THRIVE platform. Innosabi’s supplier innovation approach makes it possible to harness the knowledge and innovative strength of external stakeholders to initiate collaborative problem-solving.

 

“Compared to the traditional process, the ideation process with our suppliers on the platform shortens the time-to-market by about 7 months — which of course translates into additional revenue.”

Nicolas Limbach, Bayer AG

 

Here is the complete interview with Nicolas Limbach and innosabi CEO Catharina van Delden.

With our Supplier Innovation approach, it is possible to establish a protected, virtual environment in the company to invite selected, relevant experts and to exchange sensitive information.

“Selected suppliers help us to work on problems in the business that we can only describe. For the solution, we lack the specifications, the knowledge or the resources.”

Nicolas Limbach, Bayer AG

 

The structured solicitation and evaluation of ideas quickly result in suitable solutions that can be implemented directly with the respective suppliers. This provides solutions to challenges in the innovation process, even before they arise.

 

“With the help of the innosabi software, we can quickly give our partners feedback on their ideas and commission them with the implementation. This motivates the suppliers to favorably implement innovative technologies, as they in turn benefit from long-term business relationships.”

Nicolas Limbach, Bayer AG

Discover the possibilities of the innosabi software

Take advantage of the knowledge and competence of your suppliers and partners for innovation projects. Shorten the time to market and accelerate the internalization of new technologies. Increase the relationships in your network with Supplier Innovation and gain competitive advantage through collaborative ideation with your ecosystem.