Digitalization in Procurement

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.