Practices and Trends of Evaluating Software Prices in Procurement - An Empirical Study

Bodendorf F, Franke J (2019)

Publication Language: English

Publication Type: Conference contribution, Abstract of lecture

Publication year: 2019

Pages Range: 158

Conference Proceedings Title: Conference Proceedings

Event location: Las Vegas US

URI: https://www.cluteinstitute.com/conference-proceedings/lv19proceedings.pdf

Open Access Link: https://www.cluteinstitute.com/conference-proceedings

Abstract

Procurement decisions are particularly affected by the digital transformation in many industries. Purchasing, whose position shifts from pure procurement to value creation, has to deal more and more with digital components. These digital components, by their nature and economic characteristics, differ from conventional ones and therefore rise the cost analysis of purchasing to new challenges. Many companies are having great difficulties, especially with software, in verifying the procurement costs of such components. Evaluation of software prices becomes a more and more important part of cost engineering in companies. In theory and scientific literature, a distinction is made in software evaluation procedures between cost-, value- and license-oriented approaches. This paper presents the design and results of an empirical study to find out which of these approaches are currently being pursued and which ones are eyed for the future by companies in different industries.


Authors with CRIS profile

Frank Bodendorf Lehrstuhl für Fertigungsautomatisierung und Produktionssystematik Jörg Franke Lehrstuhl für Fertigungsautomatisierung und Produktionssystematik

How to cite

APA:

Bodendorf, F., & Franke, J. (2019, October). Practices and Trends of Evaluating Software Prices in Procurement - An Empirical Study. Paper presentation at Clute International Academic Conferences, Las Vegas, US.

MLA:

Bodendorf, Frank, and Jörg Franke. "Practices and Trends of Evaluating Software Prices in Procurement - An Empirical Study." Presented at Clute International Academic Conferences, Las Vegas Ed. Clute Institute, 2019.

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