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2017 | OriginalPaper | Chapter

Predictive Procurement Insights: B2B Business Network Contribution to Predictive Insights in the Procurement Process Following a Design Science Research Approach

Authors : Jan Gruenen, Christoph Bode, Hartmut Hoehle

Published in: Designing the Digital Transformation

Publisher: Springer International Publishing

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Abstract

Significant recent developments in the domain of big data analytics provide the basis for leveraging predictive procurement insights in the procurement process. Following the path of other business domains, B2B business networks now have the potential to fill the gap of providing sufficient data for predictive technologies to be applied to the procurement domain, opening the door for significant efficiency gains. Based on the conceptual framework of the procurement process the methodology of design science research is applied to analyze prototype dashboards that leverage available data from B2B business networks.

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Metadata
Title
Predictive Procurement Insights: B2B Business Network Contribution to Predictive Insights in the Procurement Process Following a Design Science Research Approach
Authors
Jan Gruenen
Christoph Bode
Hartmut Hoehle
Copyright Year
2017
DOI
https://doi.org/10.1007/978-3-319-59144-5_16

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