Innovation is something that should always be on the agenda for any business relationship. However, for many supplier relationships, there is little urgency for innovations within an established framework that is working reasonably well. Unfortunately, while falling into secure balance may be a comfortable means of letting a business relationship persist, it is a proven method for being left behind in your field. - By Sherry Bloom

How then to build an accelerating innovation agenda with your suppliers? Where the relationship is up and running, how can you ensure that you are maximizing the benefits for both sides from technology, data, and best practices? The answers lie in demonstrating value, making the most of your data, and showing how new innovations are more strengthening than threatening to the working relationship.