The Future: Procurement 4.0

Nicoletti, Bernardo

doi:10.1007/978-3-319-61085-6_8

Cited by 42 publications

(29 citation statements)

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“…This integrated framework of digitalisation along with procurement is often termed as 'digital procurement', which is responsible for integrating data across supply chains. (Nicoletti, 2018, Klünder et al, 2019)…”

Section: Elements Of Supply Chain Managementmentioning

confidence: 99%

Role of Smart City Development in Supply Chain Performance

2020

rmc

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Smart city concept has become quite popular among the nations worldwide. Governments of various countries have launched smart city initiatives in the anticipation of transforming their existing cities into more technologically advanced cities equipped with the requisite intelligence to deal with the realistic problems. The definition of smart city is now seen as the future of urban development, and within years the cities of the entire world will transform into smart cities, possessing an integrated framework of infrastructure and technology which will not only enhance the living standards of people, but also will provide the citizens with a better connectivity and transparency to interact in the urban environment. No doubt this transformation will affect every segment constituting in the today's world, but this study is solely focused to analyze the impact of this smart city development on the prevailing practices of supply chain management and assessing the consequent advancements that will occur in the supply chains due to this modernization.

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Section: Elements Of Supply Chain Managementmentioning

confidence: 99%

Role of Smart City Development in Supply Chain Performance

2020

rmc

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“…• The trends on the technological level are highly influential on "products, processes, and distribution channels" of businesses through their broad impact on the way business is conducted (Gupta 2013, p. 35). Recently, these trends are largely dominated by the industry 4.0 approach (Hofmann and Rüsch 2017;Nicoletti 2018).…”

Section: Directions For the Futurementioning

confidence: 99%

Research in business service purchasing: current status and directions for the future

Hofmann

Holschbach

2019

Manag Rev Q

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This paper provides a systematic literature review and a future research agenda on the topic of purchasing of business services (BuSe). BuSe purchasing has increasingly gained in importance during the past years. It has established itself as a relevant sub-discipline in purchasing and supply management. This "state of research" paper identifies the main authors, relevant topics and practical implications as well as upcoming developments. For this purpose, 118 publications were collected and analyzed. While early research on BuSe purchasing was strongly influenced by the American marketing literature, more recent papers are also published by European authors and institutions coming from the core of the purchasing and supply management discipline. In general, the literature lacks in theoretical foundation and longitudinal methods while assuming high generalizability. Based on the analyses and additional discussions within the research team, directions for future research are identified at a political, economic, social and technological (PEST) level. The following trends for service purchasing were elaborated: (1) "Glocalisation" and nearshoring, (2) sustainability and corporate social responsibility (CSR), (3) internal and external collaboration, (4) value-driven contract and payment systems, (5) hybrid products and servitization, and (6) big data analytics, artificial intelligence and process automation.

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“…In contrast, Nicoletti (2018) states that smart contracts automatically trigger payment upon fulfilment of contract terms, eliminating the need for human interaction to execute payments and actual value transfer [47]. The smart contract is programmed so that it knows its own value and status.…”

Section: Communication and Transactionsmentioning

confidence: 99%

“…The smart contract is programmed so that it knows its own value and status. The moment of payment and the triggering condition are preprogrammed [47].…”

Section: Communication and Transactionsmentioning

confidence: 99%

The Role of Blockchain in Enterprise Procurement

Kolb¹,

Becker²,

Fischer³

et al. 2019

Proceedings of the Annual Hawaii International Conference on System Sciences

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Disruptive technologies, such as artificial intelligence, machine learning, or the blockchain, have the potential to transform entire industries as previous publications have outlined. They especially offer new opportunities to improve existing processes in the dimensions of performance, cost, and quality. Despite a continuously growing number of contributions, research and practice lack an adequate understanding about how blockchain can be used to achieve these benefits. Against this backdrop, this paper presents the current state of blockchain research in the field of enterprise procurement and outlines several avenues for future research. Therefore, we define relevant processes and functions to build a research framework for structuring and categorizing the current body of literature. Our results suggest that previous work mostly focuses on blockchain application scenarios with a focus on communication and transaction, while widely neglecting numerous fields, such as data integrity and data access.

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The Future: Procurement 4.0

Cited by 42 publications

References 0 publications

Role of Smart City Development in Supply Chain Performance

Role of Smart City Development in Supply Chain Performance

Research in business service purchasing: current status and directions for the future

The Role of Blockchain in Enterprise Procurement

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