Nouns as adjectives
Solution 1:
It is certainly possible to rephrase a sentence by turning an attributive adjective into a possessive phrase, but you have to be careful about articles and agreement: adjectives have neither, while nouns may have both. So 'supplier local content development' might become 'local content development for our suppliers' or '...for a [particular] supplier'; only the original writer knows which. Conversely, 'England team coach' must become 'coach of the England team' (which is probably why the former is more used in headlines).