Savings: The Right Applications for the Right Spend

Let us start at the top of the house. Without a doubt, savings is the most important value dimension for the majority of CPOs. Consequently, it is methods of generating savings that are the most developed among the six value dimensions. Best-in-class comp

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Jumpstart to Digital Procurement Pushing the Value Envelope in a New Age

Jumpstart to Digital Procurement

Wolfgang Schnellbächer • Daniel Weise

Jumpstart to Digital Procurement Pushing the Value Envelope in a New Age

Wolfgang Schnellbächer Boston Consulting Group Stuttgart, Germany

Daniel Weise Boston Consulting Group Duesseldorf, Germany

ISBN 978-3-030-51983-4 ISBN 978-3-030-51984-1 https://doi.org/10.1007/978-3-030-51984-1

(eBook)

# Springer Nature Switzerland AG 2020 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors, and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, expressed or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. This Springer imprint is published by the registered company Springer Nature Switzerland AG. The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland

To Our Families

Acknowledgements

This book combines the knowledge of close to 100 Procurement projects with a digital focus in the last 2 years. It would not have been possible without the input of numerous colleagues through discussions on their work, access to their clients as interview partners or using the articles we jointly have published on their specific topics. We are incredibly thankful to Alenka Triplat, Boris Sidopoulos, Christian Schuh, Dominik Steffani, Enes Oelcer, Florian Burgdorf, Georgina Lewis, Guillaume Gardy, Jens Esslinger, Martin Högel, Michael Jonas, Nina Haidinger, Nino Mori, Oliver Schubert, Raphael Desi, Rasmus Lund and Soren Biltoft-Knudsen. Thank you

vii

Contents

A New Concept of Procurement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Part I

1

Value: Whatever Matters to the Business

Savings: The Right Applications for the Right Spend . . . . . . . . . . . . . . .

7

Innovation: Finding the Right Partners . . . . . . . . . . . . . . . . . . . . . . . . .

27

Quality: Highlighting What Is Actually Delivered . . . . . . . . . . . . . . . . .

35

Sustainability: Adding Sustainability as Procurement’s New Value Propo