How the procurement process can benefit from digitalisation.
The procurement of goods and services is the core task of purchasing and involves several steps. With the possibilities of digitalisation, this procurement process can run much more efficiently than in the traditional way. But even though the buzzword Purchasing 4.0 has already made its way into the industry for many years, the reality still looks different in many companies. Digital procurement networks have by no means been implemented everywhere.
This whitepaper shows which steps the classic procurement process is divided into, how these individual steps can benefit from digitalisation and how far the digital transformation of purchasing has progressed.