PROCUREMENT CATEGORY MANAGEMENT PROCESS: ALIGNMENT TO INDUSTRY 4.0
Procurement category management in supply chain, building on its momentum to meet the business requirements and external challenges, as a set of advanced digitized procurement processes and tools is about to come in the form of Industrial Revolution 4.0 (IR4). However, there are gaps in digitized procurement process adoption. The aim of this paper is to review literature related to procurement category management in supply chain management considering the Industrial revolution 4.0 (IR4) and provide a high-level design to suit IR4. There are recommendations and concepts incorporated to align the procurement sourcing process towards digitalization, i.e., Industry 4.0.
Industry 4.0, Category Management Process 4.0, Strategic Sourcing, Automated Collaboration Platform, Automated Purchasing Process