Transformative Procurement Trends: Integrating Industry 4.0 Technologies for Enhanced Procurement Processes
<h3>Background</h3><p dir="ltr">The advent of Industry 4.0 (I4.0) innovations has revolutionized supply chain management through technologies like the Internet of Things (IoT) and Artificial Intelligence (AI) integrated into procurement processes. Methods: this study addr...
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2023
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| _version_ | 1864513508204347392 |
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| author | Areej Althabatah (19368568) |
| author2 | Mohammed Yaqot (16904577) Brenno Menezes (17933786) Laoucine Kerbache (17148370) |
| author2_role | author author author |
| author_facet | Areej Althabatah (19368568) Mohammed Yaqot (16904577) Brenno Menezes (17933786) Laoucine Kerbache (17148370) |
| author_role | author |
| dc.creator.none.fl_str_mv | Areej Althabatah (19368568) Mohammed Yaqot (16904577) Brenno Menezes (17933786) Laoucine Kerbache (17148370) |
| dc.date.none.fl_str_mv | 2023-09-13T09:00:00Z |
| dc.identifier.none.fl_str_mv | 10.3390/logistics7030063 |
| dc.relation.none.fl_str_mv | https://figshare.com/articles/journal_contribution/Transformative_Procurement_Trends_Integrating_Industry_4_0_Technologies_for_Enhanced_Procurement_Processes/26539516 |
| dc.rights.none.fl_str_mv | CC BY 4.0 info:eu-repo/semantics/openAccess |
| dc.subject.none.fl_str_mv | Commerce, management, tourism and services Transportation, logistics and supply chains Information and computing sciences Data management and data science procurement industry 4.0 digitalization additive manufacturing blockchain procurement 4.0 internet of things e-procurement |
| dc.title.none.fl_str_mv | Transformative Procurement Trends: Integrating Industry 4.0 Technologies for Enhanced Procurement Processes |
| dc.type.none.fl_str_mv | Text Journal contribution info:eu-repo/semantics/publishedVersion text contribution to journal |
| description | <h3>Background</h3><p dir="ltr">The advent of Industry 4.0 (I4.0) innovations has revolutionized supply chain management through technologies like the Internet of Things (IoT) and Artificial Intelligence (AI) integrated into procurement processes. Methods: this study addresses a critical knowledge gap by conducting a comprehensive review of 111 papers sourced from the Scopus database. These papers are classified into seven sub-themes encompassing I4.0 or procurement 4.0 (P4.0), big data, IoT, additive manufacturing, blockchain, e-procurement, and AI. Results: the investigation reveals that I4.0 technologies, particularly e-procurement and blockchain, have garnered substantial attention. Such technologies offer diverse value propositions, encompassing streamlined supplier evaluation, lead time reduction, cost optimization, and enhanced data security. Conclusion: the paper underscores pivotal trends and insights for the evolution of Procurement 4.0, illuminating a path toward more efficient supply chain management.</p><h2>Other Information</h2><p dir="ltr">Published in: Logistics<br>License: <a href="https://creativecommons.org/licenses/by/4.0/" target="_blank">https://creativecommons.org/licenses/by/4.0/</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.3390/logistics7030063" target="_blank">https://dx.doi.org/10.3390/logistics7030063</a></p> |
| eu_rights_str_mv | openAccess |
| id | Manara2_235dfeed3bdba0fef4a9b2544c7bc1ff |
| identifier_str_mv | 10.3390/logistics7030063 |
| network_acronym_str | Manara2 |
| network_name_str | Manara2 |
| oai_identifier_str | oai:figshare.com:article/26539516 |
| publishDate | 2023 |
| repository.mail.fl_str_mv | |
| repository.name.fl_str_mv | |
| repository_id_str | |
| rights_invalid_str_mv | CC BY 4.0 |
| spelling | Transformative Procurement Trends: Integrating Industry 4.0 Technologies for Enhanced Procurement ProcessesAreej Althabatah (19368568)Mohammed Yaqot (16904577)Brenno Menezes (17933786)Laoucine Kerbache (17148370)Commerce, management, tourism and servicesTransportation, logistics and supply chainsInformation and computing sciencesData management and data scienceprocurementindustry 4.0digitalizationadditive manufacturingblockchainprocurement 4.0internet of thingse-procurement<h3>Background</h3><p dir="ltr">The advent of Industry 4.0 (I4.0) innovations has revolutionized supply chain management through technologies like the Internet of Things (IoT) and Artificial Intelligence (AI) integrated into procurement processes. Methods: this study addresses a critical knowledge gap by conducting a comprehensive review of 111 papers sourced from the Scopus database. These papers are classified into seven sub-themes encompassing I4.0 or procurement 4.0 (P4.0), big data, IoT, additive manufacturing, blockchain, e-procurement, and AI. Results: the investigation reveals that I4.0 technologies, particularly e-procurement and blockchain, have garnered substantial attention. Such technologies offer diverse value propositions, encompassing streamlined supplier evaluation, lead time reduction, cost optimization, and enhanced data security. Conclusion: the paper underscores pivotal trends and insights for the evolution of Procurement 4.0, illuminating a path toward more efficient supply chain management.</p><h2>Other Information</h2><p dir="ltr">Published in: Logistics<br>License: <a href="https://creativecommons.org/licenses/by/4.0/" target="_blank">https://creativecommons.org/licenses/by/4.0/</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.3390/logistics7030063" target="_blank">https://dx.doi.org/10.3390/logistics7030063</a></p>2023-09-13T09:00:00ZTextJournal contributioninfo:eu-repo/semantics/publishedVersiontextcontribution to journal10.3390/logistics7030063https://figshare.com/articles/journal_contribution/Transformative_Procurement_Trends_Integrating_Industry_4_0_Technologies_for_Enhanced_Procurement_Processes/26539516CC BY 4.0info:eu-repo/semantics/openAccessoai:figshare.com:article/265395162023-09-13T09:00:00Z |
| spellingShingle | Transformative Procurement Trends: Integrating Industry 4.0 Technologies for Enhanced Procurement Processes Areej Althabatah (19368568) Commerce, management, tourism and services Transportation, logistics and supply chains Information and computing sciences Data management and data science procurement industry 4.0 digitalization additive manufacturing blockchain procurement 4.0 internet of things e-procurement |
| status_str | publishedVersion |
| title | Transformative Procurement Trends: Integrating Industry 4.0 Technologies for Enhanced Procurement Processes |
| title_full | Transformative Procurement Trends: Integrating Industry 4.0 Technologies for Enhanced Procurement Processes |
| title_fullStr | Transformative Procurement Trends: Integrating Industry 4.0 Technologies for Enhanced Procurement Processes |
| title_full_unstemmed | Transformative Procurement Trends: Integrating Industry 4.0 Technologies for Enhanced Procurement Processes |
| title_short | Transformative Procurement Trends: Integrating Industry 4.0 Technologies for Enhanced Procurement Processes |
| title_sort | Transformative Procurement Trends: Integrating Industry 4.0 Technologies for Enhanced Procurement Processes |
| topic | Commerce, management, tourism and services Transportation, logistics and supply chains Information and computing sciences Data management and data science procurement industry 4.0 digitalization additive manufacturing blockchain procurement 4.0 internet of things e-procurement |