1、Design-powered sourcingOur unique approach to enhance sourcing to drive step-change improvements in gross marginFrom building cross-functional teams and deep diving consumer insights to leveraging advanced technologies,we outline the focus areas necessary to create a seamless integration between pro
2、duct design and sourcing.As we navigate the complexities of the modern business landscape,it is clear that the traditional boundaries between functions must dissolve.The future belongs to those who can harness the power of interdisciplinary collaboration,and design-powered sourcing stands at the for
3、efront of this paradigm shift.We hope this whitepaper serves as a valuable resource for executives,procurement professionals,and designers alike,inspiring them to rethink their strategies and embrace the potential of design-powered sourcing.By doing so,we can create products that consumers fall in l
4、ove with,while driving sustainable growth and innovation.Bharat Kapoor Global Lead and Partner,Kearney PERLabIn todays rapidly evolving marketplace,the synergy between product design and sourcing has become a crucial driver of competitive advantage.As consumer demands grow increasingly sophisticated
5、 and the global supply chain becomes more complex,companies must adopt innovative approaches to stay ahead.This whitepaper on design-powered sourcing explores the transformative power of integrating design principles into sourcing strategies.The concept of design-powered sourcing goes beyond traditi
6、onal procurement practices.It emphasizes the importance of collaboration between designers and sourcing teams from the very inception of product development.This approach ensures that every component,material,and supplier choice aligns with the overarching design vision,thereby enhancing product qua