Industry 4.0 and Procurement 4.0

Bernardo Nicoletti ()
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Bernardo Nicoletti: Temple University Rome Campus

Chapter Chapter 2 in Procurement 4.0 and the Fourth Industrial Revolution, 2020, pp 5-51 from Springer

Abstract: 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.

Keywords: Industry 4.0; Procurement 4.0; Technology Acceptance Model; Digital transformation (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-35979-9_2

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DOI: 10.1007/978-3-030-35979-9_2

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