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2020 | OriginalPaper | Chapter

6. Partnerships in Procurement 4.0

Author : Bernardo Nicoletti

Published in: Procurement 4.0 and the Fourth Industrial Revolution

Publisher: Springer International Publishing

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Abstract

In the vision of procurement 4.0, suppliers become partners in the transformation and a fundamental component of organizational transition. When 40–80% of operating costs go on supplies, to work as a team with partners is fundamental in procurement 4.0. This includes the contribution of partners as a substantial component. In this view, vendor rating is seen as a process that starts with procurement marketing and ends with the final evaluation of the contribution of the partners. This fundamental process is detailed in this chapter.

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previous chapter Persons in Procurement 4.0
next chapter Future of Procurement 4.0
Footnotes
1
Porter, M. E., & Heppelmann, J. E. (2014). How smart, connected products are transforming competition. Harvard business review, 92(11), 64–88.
 
2
Rodrigues, M., Sousa, B., & da Costa, J. B. (2019). The Improvement of the Supply Chain Channel Based on Digital Transformation: An Exploratory Study in the Sustainable Industry 4.0 4th Regional Helix- Book of Abstracts Parallel Session 4, Porto, Portugal.
 
3
Vanpoucke, E., Vereecke, A., Muylle, S. (2017). Leveraging the impact of supply chain integration through information technology. International Journal of Production Management, 37 (4), 510–530
 
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Sengupta, S. (2013), 10 trends in supply chain management, Supply Chain Management Review, 17(4), 34–39.
 
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Kietzmann, J. H. (2017). Crowdsourcing: A revised definition and introduction to new research. Business horizons, 60(2), 151–153.
 
8
Nicoletti, B., (2013), Cloud Computing and Financial Services, Palgrave Macmillan, London, UK (also translated in Chinese).
 
9
Bevilacqua, E. (2018). Ansaldo Energia, un percorso di digitalizzazione 4.0. https://​www.​zerounoweb.​it/​casi-utente/​ansaldo-energia-un-percorso-di-digitalizzazione​-4-0/​. Accessed May 5, 2019.
 
10
Brous, P., Janssen, M., & Herder, P. (2018). Internet of Things adoption for reconfiguring decision-making processes in asset management. Business Process Management Journal.
 
11
Porter, M. E., & Heppelmann, J. E. (2014). How smart, connected products are transforming competition. Harvard business review, 92(11), 64–88.
 
12
Normann, R., & Ramirez, R. (1993). From value chain to value constellation: Designing interactive strategy. Harvard business review, 71(4), 65–77.
 
13
Wodecki, A. (2018). Artificial intelligence in value creation: Improving competitive advantage. Springer, Cham, Switzerland.
 
14
Nicoletti, B. (2017), Agile Procurement. Volume I: Adding Value with Lean Processes, Springer International Publishing, London, UK. ISBN 978-3-319-61082-5.
 
Metadata
Title
Partnerships in Procurement 4.0
Author
Bernardo Nicoletti
Copyright Year
2020
Publisher
Springer International Publishing
Book
Procurement 4.0 and the Fourth Industrial Revolution

Print ISBN: 978-3-030-35978-2

Electronic ISBN: 978-3-030-35979-9

Copyright Year: 2020

DOI
https://doi.org/10.1007/978-3-030-35979-9_6