Digitization - Where to start?

Whitepaper

Digitalization (Digitization) is currently on everyone’s mind. Especially in connection with purchasing, a lot has been written about this topic. Terms such as „Procurement 4.0“ are common to all of us. If we ask vendors of procurement software solutions, we will not find anyone who would not have something to say about it... In the worst case, platitudes like „Yes, we also do that...“



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There is also the impression that everyone understands something different under the term digit(al)ization or compulsively tries to use it for his “free-rider mentality”. What does the term digit(al)ization mean when we examine it more closely? Let‘s see which definition Wikipedia offers. Amongst others, we find the following abbreviated statement: “Digitization less commonly digitalization is the process of converting information into a digital (i.e. computer readable) format, in which the information is organized into bits. The result is the representation of an object...