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Procurement 4.0 provides insights and guidance on how to best face the current and upcoming challenges for procurement organizations. Although digitization might be considered a driving factor behind Procurement 4.0 it is far too shortsighted to limit Procurement 4.0 solely on apps and automation.
To gain a clearer picture of future procurement, the authors conducted interviews with leading procurement heads of global corporates such as BMW, Lufthansa, Maersk, BP and Allianz. These industry examples combined with various other cases offer a practical view to shed light on this still rather theoretical construct.
Four dimensions of a 4.0 Procurement framework are further explored to address and react to business needs of the future: Competing value chains, co-creation, leadership and digital transformation. Besides industry examples, each chapter contains "survival tips" as impulses for procurement managers to lift their teams to the next level.

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CONTENTS

Overview of interviews 7
Preface 9

A letter from Procurement Leaders by David Rae 11

The survivalists guide to Procurement 4.0 15

Discover your blind spot beyond tier 1 25

Stop groping in the dark for innovation 45

Solving the 4.0 leadership challenge 99

The truth lies in the cloud 121

Push the button 165

Abbreviations 167

About the authors 169

Notes 171

Index 173

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"Es gibt leider viel zu selten Bücher, die vom Titel her neugierig machen, und die, wenn man hineinschaut, auch noch Pfiff haben. Das vorliegende Buch ist ein solches." Prof. Dr. Robert Fieten, Beschaffung aktuell, 01.09.2017

Die Schrift ist [...] ein engagierter Weckruf an die Einkaufsmanager, den Aufbruch in die digitale Zukunft jetzt und heute zu wagen. Den Status quo skizzieren die prägnanten Interviews mit Einkaufsmanagern aus bekannten Unternehmen wie unter anderem Allianz, BASF, BMW, Deutsche Post DHL, Lufthansa und Pro SiebenSat."
1., Frankfurter Allgemeine Zeitung, 05.03.2018

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Although digitization might be considered a driving factor behind Procurement 4.0 it is far too shortsighted to limit Procurement 4.0 solely on tools and automatization. Indeed, no clear vision has yet been developed describing the full meaning and impact of it. In Procurement 4.0, five leading experts provide further insights on how to best face the current and upcoming challenges.
Four dimensions of procurement that will address the business needs of the future are further explored: competing value chains, co-creation, leadership and network enablers.
Dynamic, interconnected value chains are key factors of sustainable business success, with procurement managed and steered by strategic purchasers in their new role as value chain managers. This evolving environment will be influenced and supported by a variety of digitization elements, internet of things, smart data and mobile computing - to name a few.
To gain a clearer picture of future procurement, the authors conducted interviews with leading procurement heads of global corporates such as BMW, Lufthansa, Maersk, BP and Allianz. These industry insights combined with various other cases offer a practical view to shed light on this still rather theoretical construct.

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