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Article 7 is titled Reinventing Supplier Innovation Relationships and includes the following topics: Create internal alignment among critical functional groups. Agree on an internal definition

Article 7 is titled "Reinventing Supplier Innovation Relationships" and includes the following topics:

  • Create internal alignment among critical functional groups.
  • Agree on an internal definition of commodity versus innovation
  • Actively manage the portfolio of supplier innovation projects.
  • Develop an effective communication structure to support a zipper approach to the relationship.
  • make a common language.
  • Keep organizational responsibilities in phase with the asset's transition from innovation to commodity
  • Build and maintain trust.
  • Establish structures that allow each firm to respond to the dynamics of the other's business model.
  • Apply meaningful metrics.

Wall Street Journal Article: "U.S. Aims to Create Semiconductor Manufacturing Clusters With Chips Act Funds," Link: https://www.wsj.com/articles/u-s-aims-to-create-semiconductor-manufacturing-clusters-with-chips-act-funds-145f04ca?mod=Searchresults_pos6&page=1Links to an external site.

Questions --------------------------------------------------------------------------

  1. Discuss the importance of supplier relationships for developing Semiconductor Manufacturing Clusters in the United States.
  2. Describe how buyers and suppliers can work together to create innovative solutions during the construction process of new manufacturing clusters.
  3. What are the risks of developing product innovation relationships with new suppliers?
  4. Please provide an insightful question about establishing innovative partnerships to create semiconductor manufacturing clusters in the United States. Why is this an important question?

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