Partnerships in Procurement 4.0

Bernardo Nicoletti ()
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Bernardo Nicoletti: Temple University Rome Campus

Chapter Chapter 6 in Procurement 4.0 and the Fourth Industrial Revolution, 2020, pp 201-210 from Springer

Abstract: Abstract In the vision of procurement 4.0, suppliers become partners in the transformation and a fundamental component of organizational transition. When 40–80% of operating costs go on supplies, to work as a team with partners is fundamental in procurement 4.0. This includes the contribution of partners as a substantial component. In this view, vendor rating is seen as a process that starts with procurement marketing and ends with the final evaluation of the contribution of the partners. This fundamental process is detailed in this chapter.

Keywords: Vendor rating; Partner evaluation; Procurement teamwork (search for similar items in EconPapers)
Date: 2020
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DOI: 10.1007/978-3-030-35979-9_6

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