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Digitalization Technologies and Business Trends in Procurement.
紀錄類型:
書目-電子資源 : Monograph/item
正題名/作者:
Digitalization Technologies and Business Trends in Procurement./
作者:
Grunen, Jan.
出版者:
Ann Arbor : ProQuest Dissertations & Theses, : 2021,
面頁冊數:
126 p.
附註:
Source: Dissertations Abstracts International, Volume: 83-09, Section: B.
Contained By:
Dissertations Abstracts International83-09B.
標題:
Manufacturing. -
電子資源:
http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=28960700
ISBN:
9798780649076
Digitalization Technologies and Business Trends in Procurement.
Grunen, Jan.
Digitalization Technologies and Business Trends in Procurement.
- Ann Arbor : ProQuest Dissertations & Theses, 2021 - 126 p.
Source: Dissertations Abstracts International, Volume: 83-09, Section: B.
Thesis (Ph.D.)--Universitaet Mannheim (Germany), 2021.
This item must not be sold to any third party vendors.
1 Introduction and research overview"It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is the most adaptable to change." Charles Darwin | English Naturalist and Geologist (1809 - 1882)The world is changing: Digitalization is happening everywhere, transforming the way we live and work, how business runs, how society functions - and it will continue to do this in a timeframe that is much shorter than any other major economic transition in history. Everything is becoming digitized and connected. Everything is being shared, personalized and is available at our fingertips. This trend is changing all industries and processes, placing a premium on speed, customer satisfaction, personalized products, and collaboration. These dynamics require companies to change and adopt a digitized business model that can respond immediately to dynamic changes and satisfy increasingly demanding customers. This trend does not stop at the procurement function.There are several business trends which support this overall transition especially in the procurement domain. Firstly, there is a globalization of demand due to the emergence of a powerful middle class. Globalization, the process of interaction and integration among people, companies, and governments of different nations across the globe, is driven by international trade and investments and is aided by information technology and digitalization. Here the factor of the emerging middle class especially in the so called BRICS countries, namely Brazil, Russia, India, China and South Africa, is resulting in a global re-balancing across geographies, not only in terms of supply, but specifically in terms of demand resulting in fast growing consumer markets in emerging markets with new market rules (Mostafa and Mahmood, 2015). In addition, new competitors such as Alibaba are entering the stage, helping to globalize Chinese manufacturers while the Chinese market still provides huge growth potential for imports as well. Secondly, demand driven supply networks and mass-individualization enables consumers to participate in the act of customizing the product for themselves on a large scale and at low costs resulting in the fact that today's customers ask for individualized products with the millennial generation being "always on", "connected" and wanting individualized products and services on demand. For example, companies like Amazon provide new distribution strategies for consumer business, allowing them to deliver products which were ordered via their webpage within a few hours. This has major implications on the supplier network and underlying business processes. Finally, omni-connectivity and digitalization of the procurement process is becoming part of the internet of things. Industry 4.0 or "Digital Manufacturing" and the "Internet of Things", connecting everything with everything and creating a new transparency of what is where across company boundaries, has strong implications for procurement and supply networks. Leveraging these innovations for concepts such as vendor or supplier managed inventories in operational contract-based sourcing or eKanban, the electronic evolution of the traditional Kanban system, in production-oriented environments to further improve and streamline the supply chain is decreasing the risks in stock keeping such as expiration costs or out-of-stock situations.
ISBN: 9798780649076Subjects--Topical Terms:
3389707
Manufacturing.
Digitalization Technologies and Business Trends in Procurement.
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1 Introduction and research overview"It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is the most adaptable to change." Charles Darwin | English Naturalist and Geologist (1809 - 1882)The world is changing: Digitalization is happening everywhere, transforming the way we live and work, how business runs, how society functions - and it will continue to do this in a timeframe that is much shorter than any other major economic transition in history. Everything is becoming digitized and connected. Everything is being shared, personalized and is available at our fingertips. This trend is changing all industries and processes, placing a premium on speed, customer satisfaction, personalized products, and collaboration. These dynamics require companies to change and adopt a digitized business model that can respond immediately to dynamic changes and satisfy increasingly demanding customers. This trend does not stop at the procurement function.There are several business trends which support this overall transition especially in the procurement domain. Firstly, there is a globalization of demand due to the emergence of a powerful middle class. Globalization, the process of interaction and integration among people, companies, and governments of different nations across the globe, is driven by international trade and investments and is aided by information technology and digitalization. Here the factor of the emerging middle class especially in the so called BRICS countries, namely Brazil, Russia, India, China and South Africa, is resulting in a global re-balancing across geographies, not only in terms of supply, but specifically in terms of demand resulting in fast growing consumer markets in emerging markets with new market rules (Mostafa and Mahmood, 2015). In addition, new competitors such as Alibaba are entering the stage, helping to globalize Chinese manufacturers while the Chinese market still provides huge growth potential for imports as well. Secondly, demand driven supply networks and mass-individualization enables consumers to participate in the act of customizing the product for themselves on a large scale and at low costs resulting in the fact that today's customers ask for individualized products with the millennial generation being "always on", "connected" and wanting individualized products and services on demand. For example, companies like Amazon provide new distribution strategies for consumer business, allowing them to deliver products which were ordered via their webpage within a few hours. This has major implications on the supplier network and underlying business processes. Finally, omni-connectivity and digitalization of the procurement process is becoming part of the internet of things. Industry 4.0 or "Digital Manufacturing" and the "Internet of Things", connecting everything with everything and creating a new transparency of what is where across company boundaries, has strong implications for procurement and supply networks. Leveraging these innovations for concepts such as vendor or supplier managed inventories in operational contract-based sourcing or eKanban, the electronic evolution of the traditional Kanban system, in production-oriented environments to further improve and streamline the supply chain is decreasing the risks in stock keeping such as expiration costs or out-of-stock situations.
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