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Critical analysis (2500 words) The digital revolution is changing the way how businesses operate. Similarly, customers are also demanding greater transparency into what they are buying as to how...

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Critical analysis (2500 words)
The digital revolution is changing the way how businesses operate. Similarly, customers are also demanding greater transparency into what they are buying as to how products are made, and the ethical and environmental repercussions of their transactions. Consequently, business corporations across various industries are taking a more holistic perspective by embracing visible commerce such as automating their finance and procurement processes. The concept of ‘digital procurement’ is gaining a lot of attention today where it is viewed as a process of using digital technologies to enhance the procurement function.
You are required to critique the literature on the topic of Digital Procurement. Based on the concepts, theories, research and arguments of what other authors have written, prepare a 2500-word (+/- 10%) discussion summarising the critical aspects, including the benefits and challenges of digital procurement, and showing your learning and opinion about the topic, as well as the contribution to strategic procurement. Use appropriate headings and sub-headings where necessary.
You are required to cite at least TEN sources of literature for this assessment. The preferred method of referencing is the UniSA Harvard Referencing system within context. An omission to include ten references or the incorrect use of the UniSA Harvard referencing system will result in a failure of the Referencing component.
Some useful resources(available on the learnonline website):
2017 Accenture Report – Next generation digital procurement
2017 Deloitte Report - Digital procurement: New capabilities from disruptive technologies
2019 Gartner Report – Procurement 2020: Your action plan to prepare now
2020 KPMG Report – Digital procurement: Driving a revolution in improved performance
2020 KPMG Report – Future of procurement
Barrad, S & Gagnon, S (2020), ‘An analytics architecture for procurement’,International Journal of Information Technologies and Systems Approach, vol. 13, no. 2, pp. 73-98.
Clarke, A (2020), ‘Digital government units: What are they, and what do they mean for digital era public management renewal?’,International Public Management Journal, vol. 23, no. 3, pp XXXXXXXXXX.
Klunder, T, Dorseln, JN & Steven, M 2019, ‘Procurement 4.0: How the digital disruption supports cost-reduction in procurement’,Production, vol. 28, pp. 1-11.
Kosmol, T, Reimann, F & Kaufmann, L 2019, ‘You’ll never walk alone: Why we need a supply chain practice view on digital procurement’,Journal of Purchasing and Supply Management,vol. 25, no. 4, pp. 1-17.
Nicoletti, B 2020, ‘Procurement 4.0 and the fourth industrial revolution: The opportunities and challenges of a digital world’, Palgrave Macmillan, Springer Nature Switzerland AG (e-book)
Nougues, X, Mennesson, T, Scemama, S & di Vito, D 2017, ‘Digital procurement: From myth, to unleashing the full potential’, Marsh & McLennan Companies, Oliver Wyman (e-book)
Srai, JS & Lorentz, H 2019, ‘Developing design principles for the digitalisation of purchasing and supply management’,Journal of Purchasing and Supply Management’, vol. 25, no. 1, pp. 78-98.

Requirements for Assessment 1:
- Use Arial Font size 12 with 1.5 line spacing.
- Reference list on a separate page.
- Use the UniSA Harvard Style of referencing only (non-conformance will result in a failure of the referencing component).
- Do NOT use footnotes.
- Print word count at the end of your assignment (Allowable +/- 10%).
- Include your name and student ID as a header on each page.
- Number each page.
- Do not include anyCover Page or Feedback form in your submission.
Marking criteria and standards

- Understanding of the procurement-related topic.
- Ability to summarise critical aspects of the journals.
- Critical analysis showing learning and opinion formation.
- Contributions to strategic procurement.
- Presentation and referencing.
Definition of topic and key areas discussed (15 marks)
Presenting and summarising key aspects of the relevant literature (20 marks)
Critique of the literature/theory (20 marks)
Learning of the topic and contribution to strategic procurement (20 marks)
Referencing (15 marks)
Presentation (10 marks)
TOTAL 100 marks

Please also refer to the feedback proforma for details.


Answered Same Day Aug 20, 2021

Solution

Abhinaba answered on Sep 04 2021
148 Votes
CRITICAL ANALYSIS OF JOURNALS ON E-PROCUREMENT
Table of Contents
Introduction    3
Discussion    3
An Analytics Architecture for Procurement    3
Procurement 4.0: How the digital disruption supports cost-reduction in Procurement    4
Digital Government Units    4
Why Supply Chain practice is required in the context of digital procurement?    5
Digital Procurement relating to the myth to reality    6
Designing the principles for developing digitization of management    7
Review of Digital Technologies for facilitation of anti-co
uption    7
Understanding the strategies for procurement in terms of the digital supply    8
Usage of procurement for standardizing the specifications    8
Case Study in between the Procurement and Supply Chain    9
Conclusion    9
References    10
Introduction
Over the years, the perception pertaining to digital procurement has become an emergent aspect. It is effectual in the representation of the concept that automates the process of procurement with the usage of a procurement system. Digital Procurement strives to exist as an important element in business because it enables strategic sourcing. Tools for analytics are used in the process like data mining solutions and accessing big data. This literature review has been undertaken to gain an understanding of key elements pertaining to the business-to-business e-commerce. This has been scrutinized with vivid efficiency by conceiving ten journals and their functional attributes whether their aspects suit our discussion that will be discussed in this literature review.
Discussion
An Analytics Architecture for Procurement
This sheds light into the attributes pertaining to business architecture and the ways digital procurement plays an important part in determination of the matters. This has been essentially important for the collection, processing and thereby understanding the matters (Ba
ad & Gagnon, 2020, p.81). This has put forth the facets relating to the direct spending of goods and services as well as supporting the operations pertaining to the indirect spend. This is done to gain an understanding of the cost and take necessary steps to mandate the cost reduction activities. It has been undertaken in a manner of vividness in this context, allowing us to conceive a bigger picture of the entirety of the digital procurement. The importance that concerns the process of integration has been studied by centralizing and thereby monitoring of the impact of decisions. These decisions are dependent upon the end-to-end perspective. In addition to this, the incorporation of the computer science has been studied with finesse and ease. This has strived in paving the way for the Procurement Operations. However, coming down to the cons and the disadvantages of this journal article it is important to take into account that the authors have missed upon various points. This article should have provided a detailed discourse about the drawbacks that have happened by far and the ways it chooses to overcome that. It will only be possible with the technological
eakthrough but what the journal article fails to acknowledge the areas relating to what have been explored and what have not been leveraged. This would have otherwise provided a clear vision about how the digital procurement will be effectual in overcoming the loopholes relating to the Business-to-Business process. 
Procurement 4.0: How the digital disruption supports cost-reduction in Procurement
This journal is instrumental in the discussion of the matters that pertains to transition process that leads to the profound changes in terms of procurement. This involves the procedures relating to the procurement and the cost structure that is involved in that (Clarke, 2020, p.17). It has shed light on the matter for the determination of the effects of digitization. Since technological advancement has been effective for
inging a change in matters of reducing of cost. Therefore, the operational functions should be undertaken in a manner that is cost effective. It is effectual in the matters relating to the cost elements. 
Since procurement has emerged as an important characteristic facet for the functionality of the process involving the regulation of the business. Therefore, it is important for the company in producing itself. This journal sheds light on how there appears to be a growing percentage who are instrumental in outsourcing the production. As mentioned by Srai and Lorentz (2019, p.95), benefitting them come procurement additionally in the matters by focusing on the goods that are provided in terms of lowest possible costs. This cutting down of the costs ensures an important aspect in determining the cost of the business and its framework to strive in the market. However, this journal article appears to focus on only one thing how digitization is effective in cutting down the costs. It just goes on to touch on the industrial revolution that can
ing about a change without any context without any citable source. Along with this, the language, which has been used, is complex and complicated as, it
eaks the free flowing structure that makes the readers hard to decipher its actual implications. 
Digital Government Units
This has emerged as one of the most important and yet a prefe
ed contribution to the journals that has been instrumental in the tackling of the over cost. This stands as an exemplar in terms of the performing digital services that lags the agendas relating to the digital agendas (Klunder, Dorseln & Steven, 2019, p.11). Therefore, the digitization can affect the workings of the organization in terms of cost. The journal has been undertaken with absolute finesse in relation to providing information of pluralistic procurement. The decision making that is entirely driven by data as well as the horizontal platform. The government in order to strengthen their foundational structure tend to upgrade the digital attributes. This journal shows how the structures play an important part in this. In the digital...
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