What value digitalization can bring to business?

I am dealing with bringing value by supporting organization redefine the way they treat their cost drivers. Digitization influences the way the sourcing activity is performed, which is the key driver for value creation, by introducing technology and tools, automating processes and minimizing the human involvement. This provides the opportunity to redesign the organization and processes that sometimes act as a barrier for efficiency and effectiveness improvement, drive costs down by exercising all possible levers and eventually take the necessary decision for outsourcing arrangements or shared services activities.