The book vividly describes how digitalization affects and changes procurement in companies in various ways. Numerous contributions from academia and practice show design options and provide advice for practical implementation. In this context, procurement encompasses not only the classic areas of supplier search, negotiation, and nomination on one side but also supplier development in terms of quality and technology as well as supply management on the other side, with the goal of ensuring efficient production and production control. In this design area of procurement, 15 starting points for digitalization are located and outlined in content. The implementation of digitalization in procurement offers opportunities for both buyers and suppliers.

In the 2nd edition, the chapters have been updated, and topics such as digital twins and collaborative digitalization approaches in supplier quality and supply management have been newly included.

Starting Points and Success Factors for Digital Transformation in Procurement

Knowledge Management through Knowledge Management Systems
The Impact of Digitalization is Measurable
Digitalization and Crisis
Autonomous Manufacturing-Related Procurement in the Era of Industry 4.0
Improved Quality through Digitalization
Digitalization in Supplier Integration
The Puzzle of Ecological Sustainability in Procurement
Opportunities in Emerging Markets
Impact of Digitalization on the National Economy
Digital Twins in Logistics
Networking of Process Data within a Zero-Defect Strategy
How Companies Build Absorptive Capacity to Succeed in Industry 4.0
Collaborative Capacity Management with Digital Tools
Collaboration, Artificial Intelligence, and Augmented Reality.