Download or read book Jumpstart to Digital Procurement written by Wolfgang Schnellbächer and published by Springer Nature. This book was released on 2020-11-16 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book shows how digital transformation has the power to revolutionize the way procurement operates, and discusses how especially buyer decisions are empowered through artificial intelligence. Depending on a company’s strategy all desired outcomes are possible, including doubling savings, innovation, sustainability, quality, speed, and halve the risk. Jumpstart to Digital Procurement is a hands-on guide on how companies can grasp the opportunities offered by digital transformation.

Download or read book Leadership Management and Adoption Techniques for Digital Service Innovation written by Sandhu, Kamaljeet and published by IGI Global. This book was released on 2019-12-27 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: There are many advantages to incorporating digital services in business, including improved data management, higher transparency, personalized customer service, and cost reduction. Innovation is a key driver to how digital services are formed, developed, delivered, and used by consumers, employees, and employers. The largest differentiator comes from having a digitally empowered workforce. Companies increasingly need digital workers to establish greater digital skills to bear on every activity. Business leaders especially need to steer digital priorities, drive innovation, and develop digital platforms. Leadership, Management, and Adoption Techniques for Digital Service Innovation is an essential reference source that discusses the adoption of digital services in multiple industries and presents digital technologies to address and further advance innovation to drive successful solutions. Featuring research on topics such as cloud computing, digital business, and value creation, this book is ideally designed for managers, leaders, executives, directors, IT consultants, academicians, researchers, industry professionals, students, and practitioners.

Download or read book The Technology Procurement Handbook written by Sergii Dovgalenko and published by Kogan Page Publishers. This book was released on 2020-04-03 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the rise of cloud services and the digitization of all business units, procurement managers need to understand how to buy technology services in order to generate revenue, drive innovation and retain customers. The Technology Procurement Handbook provides a structured and logical view of the digital buying process. It includes invaluable advice on how to manage digital demand, prepare sourcing strategies, analyze the cost and benefits of proposed solutions and negotiate and implement comprehensive agreements. The Technology Procurement Handbook examines the multiple streams of data that feed into the technology procurement process, such as ITIL service lifecycle data, PMI project management and cloud and software contract provisions. The book includes case studies and extensive practical advice based on the authors experience from recent procurement projects. There is also a chapter on modular contracting for the US market, explaining the use of agile contracts for IT projects.

Download or read book Digitalization in Procurement written by Florian Schupp and published by Springer. This book was released on 2024-10-25 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book vividly describes how digitalization affects and changes procurement in companies in various ways. Numerous contributions from academia and practice show design options and provide advice for practical implementation. In this context, procurement encompasses not only the classic areas of supplier search, negotiation, and nomination on one side but also supplier development in terms of quality and technology as well as supply management on the other side, with the goal of ensuring efficient production and production control. In this design area of procurement, 15 starting points for digitalization are located and outlined in content. The implementation of digitalization in procurement offers opportunities for both buyers and suppliers. In the 2nd edition, the chapters have been updated, and topics such as digital twins and collaborative digitalization approaches in supplier quality and supply management have been newly included.

Download or read book Digital Supply Networks Transform Your Supply Chain and Gain Competitive Advantage with Disruptive Technology and Reimagined Processes written by Amit Sinha and published by McGraw Hill Professional. This book was released on 2020-07-21 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Deliver unprecedented customer value and seize your competitive edge with a transformative digital supply network Digital tech has disrupted life and business as we know it, and supply chain management is no exception. But how exactly does digital transformation affect your business? What are the breakthrough technologies and their capabilities you need to know about? How will digital transformation impact skills requirements and work in general? Do you need to completely revamp your understanding of supply chain management? And most importantly: How do you get started? Digital Supply Networks provides clear answers to these and many other questions. Written by an experienced team comprised of Deloitte consultants and leading problem-driven scholars from a premier research university, this expert guide leads you through the process of improving operations building supply networks, increasing revenue, reimagining business models, and providing added value to customers, stakeholders, and society. You’ll learn everything you need to know about: Stages of development, roles, capabilities, and the benefits of DSN Big data analytics including its attributes, security, and authority Machine learning, Artificial Intelligence, Blockchain, robotics, and the Internet of Things Synchronized planning, intelligent supply, and digital product development Vision, attributes, technology, and benefits of smart manufacturing, dynamic logistics, and fulfillment A playbook to guide the digital transformation journey Drawing from real world-experience and problem-driven academic research, the authors provide an in-depth account of the transformation to digitally connected supply networks. They discuss the limitations of traditional supply chains and the underlying capabilities and potential of digitally-enabled supply flows. The chapters burst with expert insights and real-life use cases grounded in tomorrow’s industry needs. Success in today’s hyper-competitive, fast-paced business landscape, characterized by the risk of black swan events, such as the 2020 COVID-19 global pandemic, requires the reimagination and the digitalization of complex demand-supply systems, more collaborative and connected processes, and smarter, more dynamic data-driven decision making―which can only be achieved through a fully integrated Digital Supply Network.

Download or read book The Digital Supply Chain written by Bart L. MacCarthy and published by Elsevier. This book was released on 2022-06-09 with total page 466 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Digital Supply Chain is a thorough investigation of the underpinning technologies, systems, platforms and models that enable the design, management, and control of digitally connected supply chains. The book examines the origin, emergence and building blocks of the Digital Supply Chain, showing how and where the virtual and physical supply chain worlds interact. It reviews the enabling technologies that underpin digitally controlled supply chains and examines how the discipline of supply chain management is affected by enhanced digital connectivity, discussing purchasing and procurement, supply chain traceability, performance management, and supply chain cyber security. The book provides a rich set of cases on current digital practices and challenges across a range of industrial and business sectors including the retail, textiles and clothing, the automotive industry, food, shipping and international logistics, and SMEs. It concludes with research frontiers, discussing network science for supply chain analysis, challenges in Blockchain applications and in digital supply chain surveillance, as well as the need to re-conceptualize supply chain strategies for digitally transformed supply chains.

Download or read book Disruptive Procurement written by Michael F. Strohmer and published by Springer Nature. This book was released on 2020-04-12 with total page 135 pages. Available in PDF, EPUB and Kindle. Book excerpt: Disruptive Procurement is a radical new approach to creating value and innovation by challenging the status quo in the entire product and service line. It requires going far beyond conventional desktop procurement to understand the value the company brings to its customers as well as the value that suppliers bring to the company. By combining knowledge of these two dimensions, companies become far more flexible and they move closer to disrupting the environment in ways that create value. To move toward Disruptive Procurement, companies need a holistic view and a complete new set of capabilities for staff in marketing, sales, R&D, manufacturing, innovation, and, of course, procurement. This will only happen if procurement is fully backed by the Chief Executive Officer and companies embrace digital tools that will help make procurement slimmer and smarter.

Download or read book The Digitalization of the 21st Century Supply Chain written by Stuart M. Rosenberg and published by Routledge. This book was released on 2020-11-09 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: The goal of this book is to gain a clear picture of the current status and future challenges with regard to the digitalization of the supply chain – from the perspective of the suppliers, the manufacturers, and the customers. They were the target groups of the book. Digitization has touched upon all aspects of businesses, including supply chains. Technologies such as RFID, GPS, and sensors have enabled organizations to transform their existing hybrid (combination of paper-based and IT-supported processes) supply chain structures into more f lexible, open, agile, and collaborative digital models. Unlike hybrid supply chain models, which have resulted in rigid organizational structures, unobtainable data, and disjointed relationships with partners, digital supply chains enable business process automation, organizational flexibility, and digital management of corporate assets. In order to reap maximum benefits from digital supply chain models, it is important that companies internalize it as an integral part of the overall business model and organizational structure. Localized disconnected projects and silo-based operations pose a serious threat to competitiveness in an increasingly digital world. The technologies discussed in this text – artificial intelligence, 3D printing, Internet of things, etc. – are beginning to come together to help digitize, automate, integrate, and improve the global supply chains. It’s certainly an exciting and challenging time for both new supply chain professionals and long-time supply chain professionals.

Download or read book The Impact of Digitalization on Procurement written by Lukas Kaiser and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Digitalization has been a central topic on the agenda of many executives for the past years, but only a few identifed and used the potential which lies in their company. In a time of fierce competition it becomes more and more important to stand out from the competitors. Cost-savings, value creation, competitiveness as well as new innovations and business models are the most important goals. The Procurement function has been researched extensively with regards to processes and the inter-connection and functioning in the corporate landscape. The technological influence of the latest digital technologies has not yet been matter of subject. Since the procurement function has a high strategic and operational impact on the entire company, the digitization of procurement processes with certain technologies can help to achieve the main goals of company executives. This thesis outlines the most relevant technologies and technology use cases in procurement processes in order to develop a digital process framework for the procurement function. Since the effectiveness is highly depending on the design of the ecosystem in which the digitized processes are implemented, the evaluation is carried out in the context of a digital platform architecture in a three-step analysis. Firstly, the relevant sub-processes, technologies and technology use-cases in procurement processes are described as the foundation for the empirical research. Secondly, a quantitative survey targeted at procurement experts collects information on the familiarity and practical experience with the most relevant technologies as well as on the evaluation of the potential of the implementation of a selected technology on a certain sub-process. Subsequently, interviews with selected procurement executives and digital technology experts supply further information on the implementation and digital platform environment. Lastly, the design and implementation of certain technologies in the procurement process framework is described. The findings of the analysis suggest that there is an industry-specific difference in the digital maturity of the procurement functions as well as industry-specific requirements and priorities. Digital workplaces as a design and implementation approach combines long-term strategic and short-term operational goals, enabling cost-savings, an increase in competitiveness as well as an open architecture infrastructure for external and internal collaboration.

Download or read book Digital Transformation Of The Supply Chain A Practical Guide For Executives written by Albert Tan and published by World Scientific. This book was released on 2021-06-18 with total page 151 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book unravels the complexities of supply chain process transformation by explaining step by step, in simple terms, what are the requirements for success, right from the basics to how to implement this complicated task. The book provides insights into how to lead the transformation project and how to manage the change internally and externally. The authors' hands-on experience in the field via applied research is clearly illustrated in the case studies, which provide the reader with practical examples of the challenges and benefits of implementing a digital supply chain transformation project. This is a must-have book for all supply chain and operations professionals.Related Link(s)

Download or read book Digital Governance and E Government Principles Applied to Public Procurement written by Shakya, Rajesh Kumar and published by IGI Global. This book was released on 2017-01-10 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public procurement is vulnerable on many levels. Therefore, to increase protection and improve efficiency, governments across the globe are looking to introduce electronic-based infrastructures. Digital Governance and E-Government Principles Applied to Public Procurement is an essential reference publication for the latest research on the implementation and impact of public reforms through e-Procurement. Featuring coverage on a broad range of topics and perspectives, such as anti-corruption, acquisitions costs, and governance structures, this book is ideally designed for academicians, practitioners, professionals, and researchers seeking current research on the regulation of the public sector through digital approaches.

Download or read book Trade Wars Pandemics and Chaos written by Dr Elouise Epstein and published by . This book was released on 2021-07-20 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is an in-depth look at how to strategize, evaluate, and approach the wildly exciting world of digital procurement. More than any other enterprise function, procurement has grown from back-office cost control to strategic business partner. Today's procurement practitioners are at the forefront of innovation, sustainability, and social responsibility, making change by directing where and how enterprises spend their money. The transformation has been spurred by the billions of dollars invested in digital procurement solutions, which is fundamentally changing the traditional ways of operating. Within these pages you'll find a blueprint for approaching the complexity of procurement and making smart technology investments. You'll also become acquainted with the significant organizational implications of digital done well, and with success measures, watch-outs, and innovations in the offing. Taken together, a strong digital procurement capability will enable businesses to not only be prepared, but to thrive when confronted with tomorrow's disruption.

Download or read book Procurement 4 0 and the Fourth Industrial Revolution written by Bernardo Nicoletti and published by Springer Nature. This book was released on 2020-03-24 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Public Technology Procurement and Innovation written by Charles Edquist and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public Technology Procurement and Innovation studies public technology procurement as an instrument of innovation policy. In the past few years, public technology procurement has been a relatively neglected topic in the theoretical and research literature on the economics of innovation. Similarly, preoccupation with `supply-side' measures has led policy-makers to avoid making very extensive use of this important `demand-side' instrument. These trends have been especially pronounced in the European Union. There, as this book will argue, existing legislation governing public procurement presents obstacles to the use of public technology procurement as a means of stimulating and supporting technological innovation. Recently, however, there has been a gradual re-awakening of practical interest in such measures among policy-makers in the EU and elsewhere. For these and other related measures, this volume aims to contribute to a serious reconsideration of public technology procurement from the complementary standpoints of innovation theory and innovation policy.

Download or read book Procurement Finance written by Bernardo Nicoletti and published by Springer. This book was released on 2018-12-24 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a business model on how to structure the relationship between financial services and procurement. The need for new models is particularly important to support small and medium enterprises (SMEs) where there is an evident difficulty in accessing credit. Due to this context, innovative solutions must be introduced. The objective of this book is to determine how innovation can support the dynamic and volatile international context and the increasingly relevant function of procurement. It is becoming more and more important to take into account complex international transactions with notably long payment terms. Organizations need to manage the best way to handle the financial relationships and the risks related to credit provision and payments. This book presents an end-to-end support to procurement, including trade finance, supply chain finance, and related payments. In addition, the enterprises need to keep sufficient liquidity levels in the short and medium term. This is a constant challenge today, with the turbulence of financial markets and a continuing climate of economic uncertainty making it harder to obtain external funding. Businesses need to optimize the working capital. This can be done through the innovative concept of procurement finance, which allows SMEs to benefit by the new vision of collaborative procurement. This book provides several practical examples of advanced procurement finance solutions. It demonstrates how the use of process improvement and technology can help in overcoming the current financially difficult situation. In addition, based on the business model presented, the integrated approach to procurement finance allows sustainable solutions which will be of interest to academics, researchers, managers, and practitioners in both buyer and vendor companies, as well as in banks and other financial institutions.

Download or read book Digital Business and Electronic Commerce written by Bernd W. Wirtz and published by Springer Nature. This book was released on with total page 1031 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book A Practical Guide to E auctions for Procurement written by Jacob Gorm Larsen and published by Kogan Page Publishers. This book was released on 2021-02-03 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: WINNER: 2021 Plume d'Or - Grand Prix ACA-Bruel Award. A Practical Guide to E-Auctions for Procurement provides guidance to procurement professionals on how to realize the potential of e-auctions. Now is the time to optimize your e-negotiation strategy using key insights from the author Jacob Gorm Larsen, who is responsible for one of the most successful and award-winning e-sourcing programs in the world. A Practical Guide to E-Auctions for Procurement presents a proven process for developing an e-auction and e-negotiation strategy, along with a catalogue of change management initiatives for securing buy-in internally in the organization. The different e-auction formats and benefits are explained in detail and demonstrated with practical examples, templates and advice that can be adopted by the reader. Jacob and the team at Maersk are at the forefront when it comes to developing robots that execute e-auctions from end-to-end and are kicking off a transformation that will fundamentally change how we consider e-auctions and negotiations. In addition, with learnings from more than 10,000 e-auctions globally, this is the book for those in procurement looking to implement, deliver and maintain a thriving e-auction program.