A Risk-Aware Approach to Digital Procurement Transformation

As the digital procurement transformation continues to evolve, it is crucial to adopt a risk-aware approach to ensure successful outcomes. This paper delves into the necessity of a risk-aware approach to digital procurement transformation, specifically focusing on the role of professional procuremen...

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Veröffentlicht in:Sustainability 2024-02, Vol.16 (3), p.1283
Hauptverfasser: Dudić, Željko, Vrhovac, Vijoleta, Vulanović, Srđan, Dakić, Dušanka, Erdeji, Irma, Perović, Veselin
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container_end_page
container_issue 3
container_start_page 1283
container_title Sustainability
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creator Dudić, Željko
Vrhovac, Vijoleta
Vulanović, Srđan
Dakić, Dušanka
Erdeji, Irma
Perović, Veselin
description As the digital procurement transformation continues to evolve, it is crucial to adopt a risk-aware approach to ensure successful outcomes. This paper delves into the necessity of a risk-aware approach to digital procurement transformation, specifically focusing on the role of professional procurement management and the significance of supplier partnerships in the digital environment. The research aimed to examine the critical role of risk management in the digital transformation of procurement. A total of 318 respondents from Serbia participated in the study. The role of professional management in procurement must encompass risk management to guarantee success in digital procurement transformation. Furthermore, the study identified that adequate preparation, information, and training for individuals involved are crucial for a seamless transition to digital procurement. The digital transformation of procurement contributes to sustainability by enhancing efficiency, transparency, and collaboration across the supply chain, ultimately fostering environmentally conscious practices and responsible resource management. In summary, the research underscores the need for a comprehensive and risk-aware approach to digital procurement transformation, considering the pivotal roles of procurement professionals, supplier partnerships, and the integration of new technologies.
doi_str_mv 10.3390/su16031283
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source MDPI - Multidisciplinary Digital Publishing Institute; EZB-FREE-00999 freely available EZB journals
subjects Digital technology
Digitization
Efficiency
Electronic procurement
Innovations
Logistics
Purchasing departments
Suppliers
Supply chains
Sustainability
Sustainable development
Technological change
Technology adoption
title A Risk-Aware Approach to Digital Procurement Transformation
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