Procurement Transformation in Digital World
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F49777513%3A23510%2F21%3A43963448" target="_blank" >RIV/49777513:23510/21:43963448 - isvavai.cz</a>
Result on the web
<a href="https://www.shs-conferences.org/articles/shsconf/abs/2021/26/shsconf_appsconf2021_01002/shsconf_appsconf2021_01002.html" target="_blank" >https://www.shs-conferences.org/articles/shsconf/abs/2021/26/shsconf_appsconf2021_01002/shsconf_appsconf2021_01002.html</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1051/shsconf/202111501002" target="_blank" >10.1051/shsconf/202111501002</a>
Alternative languages
Result language
angličtina
Original language name
Procurement Transformation in Digital World
Original language description
Technological development and progress in digitization permeate all areas of life, of course not excluding companies and their activities and individual business processes. In this paper, we focus on the area of corporate procurement as one of the key areas for fulfilling corporate goals and its transformation in the age of digitalization. The paper aims to identify the changing function of procurement and possible opportunities of digitalization for the development of procurement and its role in organization. As the results shown, procurement is a value-creating process that is changed by the digitalization. It is moving from a traditional focus on cost reduction to value creation through dynamic cooperation and building relationships with business partners. Procurement is beginning to play an increasingly strategic role in organizations. It becomes a partner to support business efficiency and the creation of new business models.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
50206 - Finance
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2021
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
SHS Web of Conferences Volume 115 (2021) Current Problems of the Corporate Sector 2021
ISBN
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ISSN
2261-2424
e-ISSN
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Number of pages
7
Pages from-to
1-7
Publisher name
Web of Conferences
Place of publication
Bratislava
Event location
Bratislava, Slovak Republic
Event date
May 20, 2021
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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