Procurement Planning Issues of Industrial Enterprises

Roman Aleksandrovich Samoilov, Sergey Aleksandrovich Bartenev and Viktor Petrovich Medvedev
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Roman Aleksandrovich Samoilov: Russian Foreign Trade Academy
Sergey Aleksandrovich Bartenev: Russian Foreign Trade Academy
Viktor Petrovich Medvedev: Russian Foreign Trade Academy

Russian Foreign Economic Journal, 2020, issue 12, 113-124

Abstract: The article deals with the importance of procurement planning process for a value chain of an industrial enterprise. The author considers the planning problems that companies currently face in procurement. The risks they pose to the enterprise are described in detail. Four main types of needs are considered, and recommendations for dealing with key issues in the planning process are given. Specific actions and modern approaches to improving procurement activities and the efficiency of the planning process in industrial enterprises are proposed.

Keywords: planning; purchasing activity; volatility; need; value chain; purchasing need; purchasing budget. (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:alq:rufejo:rfej_2020_12_113-124

DOI: 10.24411/2072-8042-2020-10126

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