A framework for procurement process re-engineering in Industry 4.0. Issue 2 (24th December 2020)

• Record Type: Journal Article
• Authors: Tripathi, Shubham; Gupta, Manish
• Is Part Of: Business process management journal. Volume 27:Issue 2(2021)
• Page Start: 439
• Page End: 458
• Publication Date: 2020-12-24
• Subjects: Procurement -- Transformation -- Supply chain -- Purchasing -- Information exchange -- Business process re-engineering; Industrial management -- Periodicals; Reengineering (Management) -- Periodicals; Total quality management -- Periodicals; 658.4063
• DOI: 10.1108/BPMJ-07-2020-0321
• Languages: English
• ISSNs: 1463-7154

Abstract

Abstract : Purpose: Procurement is a crucial part of supply chain management, consistently becoming a strategic vantage point in global competition. The industry 4.0 paradigm is transforming supply chains to smarter systems, giving rise to the concept of procurement 4.0. A systematic framework to transform in current scenario is crucial. Design/methodology/approach: This study brings together these current researches to propose a redesigned procurement process by combining several technologies. A BPR approach is taken to present the new process and its merits are discussed. Findings: A re-designed procurement framework is proposed. Radical improvements of cost, cycle time, human effort, degree of automation, traceability, information availability and uncertainty are achievable with the proposed framework. Practical implications: The proposed re-engineered process addresses the visualization barrier for managers. The proposed framework is grounded on BPR which provides a generic ground for developing redesign exercise along with the visualization of new process. Originality/value: There is literature discussing implementation, impact and advantages of individual and combination of technologies on procurement process but lacks visualization of the transformed process combining these technologies.