How Unilever Procurement Uses Supplier-Led Innovation

In this episode, Lucas and Luna dig into Unilever's open-innovation procurement model, where suppliers submit unsolicited ideas for cost savings and sustainability. They explore how the program works, why it can save up to 50% on certain projects, and how a small packaging supplier's biodegradable sachet proposal saved Unilever $15 million annually. The hosts discuss the mindset shift required for buyers to view suppliers as innovation partners, the role of procurement-led pilot programs, and the risks of intellectual property disputes. Listeners get a concrete framework for building supplier innovation pipelines in their own organizations. #Unilever #SupplierInnovation #OpenInnovation #ProcurementStrategy #SustainablePackaging #SachetTechnology #CostReduction #BusinessPodcast #FexingoBusiness #TheBuyersSide #SupplyChain #B2BPurchasing #Sourcing #BiodegradableMaterials #R&DProcurement #VendorPartnerships #IPSharing #CircularEconomy Keep every episode free: buymeacoffee.com/fexingo