Understanding the importance of purchasing operations and identification of opportunities to increase their sustainability through process mapping

Maslaric Marinko and Petrovic Vojin and Fedorko Gabriel and Nikolicic Svetlana and Mircetic Dejan (2020) Understanding the importance of purchasing operations and identification of opportunities to increase their sustainability through process mapping. Prosperitas, 7. (1). pp. 43-52. ISSN 2786-4359

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Official URL: http://dx.doi.org/10.31570/Prosp_2020_01_4

Abstract

The modern concept of doing business requires every company that wants to be successful to have connected and integrated operations with other companies. The concept of the supply chain enables efficient integration of all included members to fulfil customer demand. An essential element in overcoming business challenges is purchasing, the primary purpose of which is to provide the company with the optimal quantities of goods necessary for smooth and effective functioning. The fundamental goal of the present paper is to draw attention to the importance of effective purchasing operations – with an emphasis on the spare parts business – through mapping business processes. Doing so, it would become apparent to the management of firms how to enhance information flow, and improve process visibility, hence getting a better understanding of the need to improve the efficiency and sustainability of purchasing processes.

Tudományterület / tudományág

társadalomtudományok > gazdálkodás- és szervezéstudományok

Faculty

Pénzügyi és Számviteli Kar

Institution

Budapesti Gazdasági Egyetem

Item Type: Article
Creators:
CreatorsORCIDMTMT szerző azonosító
Maslaric Marinko
Petrovic Vojin
Fedorko Gabriel
Nikolicic Svetlana
Mircetic Dejan
Uncontrolled Keywords: purchasing, sustainability, process mapping, spare parts
Depositing User: Eszenyi-Bakos Kinga
DOI id: https://doi.org/10.31570/Prosp_2020_01_4
Date Deposited: 2021. Jun. 02. 11:09
Last Modified: 2023. Jan. 30. 10:22
URI: https://publikaciotar.uni-bge.hu/id/eprint/1723

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