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Introduction

In: Procurement 4.0 and the Fourth Industrial Revolution

Author

Listed:
  • Bernardo Nicoletti

    (Temple University Rome Campus
    Università di Tor Vergata)

Abstract

The global recession has hit hard in many areas and all major functions of organizations have been impacted. Figure 1.1 summarizes some of the challenges organizations face in light of this situation. The importance of developing and managing innovative strategies in the field of procurement is clear. From a historical perspective, procurement has undergone huge transitions, especially in the last decades, in the sense that organizations have had to deal with pressures relating to cutting costs and increasing profits.

Suggested Citation

  • Bernardo Nicoletti, 2020. "Introduction," Springer Books, in: Procurement 4.0 and the Fourth Industrial Revolution, chapter 0, pages 1-4, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-35979-9_1
    DOI: 10.1007/978-3-030-35979-9_1
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