We went digital! On May 12, 2020, the d.velop forum took place as a purely digital event for the first time in its history. Over the course of the day, more than 1,500 digitization enthusiasts listened to exciting keynote speeches, inspiring innovation pitches and presentations on digital best practices.
New opportunities arise for purchasing, linked to the term Purchasing 4.0 in many fields. Digitalization has profoudnly changed the convential image of purchasing, for instance in the purchase to pay process.
Dr. Christoph Feldmann, Managing Director of the Federal Association of Materials Management, Purchasing and Logistics (BME e.V.) has summarized the changing role and perception of the procurement process in companies.
Maverick buying describes purchases that are made without the knowledge of the purchasing department, slowing down the procurement process. Get rid of maverick buying with a digitized procurement process and digitally link the individual steps from procurement application to the digital dossier.