Application of e-auction based on Procurement 4.0 strategies in a global company of the power systems sector in Brazil
Ugo Ibusuki,
Ailton Conde Jussani,
Renan Degaspari de Araújo and
Rafaela de Paula Koto
International Journal of Procurement Management, 2023, vol. 17, issue 1, 60-78
Abstract:
Industry 4.0 has been a hot topic in several markets and its innovations are proving to be paramount for the strategic position of the companies in the market. The objective of this study is to explore the changes carried out by the 4th industrial revolution in the supply chain area, mainly in the procurement department. To develop this issue, a qualitative and exploratory research based on bibliographical references was investigated and a case-study analysis was applied based on e-auction tools in order to collect data and identify improvements for the next level of Procurement 4.0 strategies. It shows the possibility to provide horizontal system integration to the supply chain, collecting price data to perform big data and analytics to achieve better performance on bidding results and autonomously perform challenging targets on real-time.
Keywords: Industry 4.0; Supply Chain 4.0; Procurement 4.0; purchasing chessboard. (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijpman:v:17:y:2023:i:1:p:60-78
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