Skip to main content
main-content

Über dieses Buch

We are living in the middle of a Fourth Industrial Revolution, with new technology leading to dramatic shifts in everything from manufacturing to supply chain logistics. In a lively, developing field of academic, procurement is often neglected. Despite this, procurement plays a vital role, connecting the organization with its ecosystem. At a time of change and economic crisis, a new business model is called for, which this book aims to define.

Based on the applications of Industry 4.0 concepts to procurement, this book describes Procurement 4.0 as a method and a set of tools, helping businesses to improve the value of their products, reduce waste, become more flexible, and address the business needs of the future. It will appeal to academics in the area, as well as practitioners.

Inhaltsverzeichnis

Frontmatter

Chapter 1. Introduction

Abstract
The global recession has hit hard in many areas and all major functions of organizations have been impacted. Figure 1.1 summarizes some of the challenges organizations face in light of this situation. The importance of developing and managing innovative strategies in the field of procurement is clear. From a historical perspective, procurement has undergone huge transitions, especially in the last decades, in the sense that organizations have had to deal with pressures relating to cutting costs and increasing profits.
Bernardo Nicoletti

Chapter 2. Industry 4.0 and Procurement 4.0

Abstract
Procurement 4.0 can be seen as part of the industry 4.0 model. It also has value in itself as a way to innovate around the concept of procurement. This chapter presents an original and integrated model for procurement 4.0 and details its eight components. It is essential to understand and make better use of procurement 4.0 in order to achieve real transformation within an organization, while recognizing that all innovation has benefits and challenges. The chapter presents the factors that affect management of technology acceptance and sets out a roadmap for successful transition to procurement 4.0. The appendix includes the results of a survey on the digitization of procurement.
Bernardo Nicoletti

Chapter 3. Processes in Procurement 4.0

Abstract
Procurement 4.0 can be seen as a fundamentally digital transformation. It has various components: processes, platforms, persons, and partnerships. In fact, process transformation is one of its key performance indicators. Processes are at the very base of procurement 4.0 and are strongly impacted by any changes it entails; so, re-engineering is a critical success factor here. This chapter considers some of the more critical processes involved, such as risk management. The chapter analyzes in detail procurement process intelligence, which combines business intelligence and action on processes. The chapter also considers risk management processes and shows how resilience is the real way to manage risks inherent in various processes. The final part of the chapter is dedicated to finance processes and their relevance for overcoming many challenges, which can be especially severe for small and medium-sized organizations.
Bernardo Nicoletti

Chapter 4. Platforms for Procurement 4.0

Abstract
The use of innovative platforms in procurement 4.0 can yield various benefits, including supporting daily business and administrative tasks, aiding in complex decision-making, and helping in managing processes. The real objective of these platforms is to free up procurement and support its focusing on strategic decisions and activities. Procurement 4.0 platforms thus become a strategic interface to support organizational efficiency, effectiveness, and profitability, and to create new business models, products, and services. This chapter confirms that there are still barriers to digitizing procurement processes. Such barriers are found in existing procedures, processes, capacities, and capabilities. Finally, the significance of several enabling platforms to the digitization process is analyzed and a roadmap for a successful digital transformation is presented.
Bernardo Nicoletti

Chapter 5. Persons in Procurement 4.0

Abstract
Persons are absolutely fundamental to procurement 4.0, as in most other organizational activities. Industry 4.0 can be seen as an attempt to reduce the workforce. It presents a viable way to make human work more lucrative, more effective, and more efficient. Consistent with this view, training 4.0 is fundamental both for the new generations of workers but also in supporting the work of innovation in the existing workforce and management. So, this chapter focuses on training 4.0.
Bernardo Nicoletti

Chapter 6. Partnerships in Procurement 4.0

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.
Bernardo Nicoletti

Chapter 7. Future of Procurement 4.0

Abstract
The future of procurement 4.0 can be seen as procurement 5.0. Apart from this culmination of procurement 4.0’s transformation, procurement 4.0 has a future in itself. In procurement 4.0, changes become a permanent habit of enterprises and their components, from processes to platforms, persons, and partners. Procurement 4.0 draws particular attention to sustainable procurement. Green procurement becomes a specific part of engagement in procurement 4.0 and a substantial contribution to the welfare not only of an organization but also to the community and territories where that organization is present with its units, products, and services.
Bernardo Nicoletti

Chapter 8. Conclusions

Abstract
The future of procurement is filled with a multitude of questions and uncertainties. The Fourth Industrial Revolution will potentially take procurement to new heights, with the possibility of enabling a fully autonomous supply chain that harnesses the power of the IoT and other technological advances.
Bernardo Nicoletti

Backmatter

Weitere Informationen