The subject of this book is Procurement Excellence of procuring companies which is deemed a
highly relevant topic out of two reasons. Firstly corporate procurement respectively
purchasing management has witnessed a significant boost of importance over the last years.
Increased outsourcing of services to suppliers and simultaneously commissioning of
international subcontractors have heavily altered the responsibilities and job description of
purchasers with regards to their contribution to the company's added value. Additionally
product developments along (global) supply chains are growing steadily. On the other hand
digitalization displays future-oriented alternatives for corporate added value and hence
provides fundamental opportunities and necessities to reach and sustain (global)
competitiveness. Logically these developments shape the quality of procurement and its
processes to suppliers. Only an excellent purchasing department can be an authentic success
indicator within a company. This book focuses on the two pillars of Procurement Excellence. To
do so a conception for categorizing and controlling purchasing performances and a conception
for categorizing digitalization will be illustrated in order to make differentiated statements
regarding Procurement Excellence. Its two related dimensions will be merged within a final
overall statement regarding Procurement Excellence.
