IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-3-030-35979-9_3.html
   My bibliography  Save this book chapter

Processes in Procurement 4.0

In: Procurement 4.0 and the Fourth Industrial Revolution

Author

Listed:
  • Bernardo Nicoletti

    (Temple University Rome Campus
    Università di Tor Vergata)

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.

Suggested Citation

  • Bernardo Nicoletti, 2020. "Processes in Procurement 4.0," Springer Books, in: Procurement 4.0 and the Fourth Industrial Revolution, chapter 0, pages 53-116, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-35979-9_3
    DOI: 10.1007/978-3-030-35979-9_3
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-3-030-35979-9_3. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.