Innovation of the Year: Disruptive technology products must get to market faster than ever, and a product innovation center at Flextronics reconfigures the supply chain to do just that. Runner-up: Sears Holdings Corp. Finalists: Intel, Fast Logistics, Zimbabwe National Family Planning Council

Intel senior commodity manager Suzanne Ralls discusses how processes that begin with the "ideal state" have helped simplify and improve commodity procurement at the company.