Management Decision Support System in Procurement of Agroindustry Complex

Cvijanović Drago, Milojević Ivan and Mihajlović Milan
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Cvijanović Drago: University in Kragujevac, Faculty of Hotel Management and Tourism, Vrnjačka Banja, Serbia
Milojević Ivan: Military academy, Belgrade, Serbia
Mihajlović Milan: Military academy, Belgrade, Serbia

Economics, 2019, vol. 7, issue 1, 111-118

Abstract: The optimal procurement is achieved by monitoring them from the very beginning of the planning process. Procurement planning, as one of the basic functions of procurement management, determines the goals, tasks and the way of their realization. The realization of procurement plans is realized through the purchase function of business entities, both from the domestic and foreign markets.The specifics of procurement of agro-industrial complex require continuity as a basic requirement. The importance of procurement consists in the fact that the level of reproductive capacity of the agro-industrial complex depends significantly on the normative organization, organization and quality of procurement. The goal of procurement is precisely, timely, quality and under the most favorable conditions, the acquisition of funds on the market, in order to meet the needs for the continuous operation of the companies from the agro-industrial complex.

Keywords: procurement; management; agroindustrial complex (search for similar items in EconPapers)
JEL-codes: C61 H57 M11 Q10 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:econom:v:7:y:2019:i:1:p:111-118:n:8

DOI: 10.2478/eoik-2019-0008

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