Selecting the Right Suppliers in Procurement Process along Supply Chain-a Mathematical Modeling Approach

Duica Mircea Constantin (), Florea Nicoleta Valentina and Duica Anisoara
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Duica Anisoara: Valahia University of Targoviste, Romania

Valahian Journal of Economic Studies, 2018, vol. 9, issue 1, 47-58

Abstract: Procurement management is a function for B2B market and a complex concept based on a continuous buying cycle and supposes: determining the need, taking the decision of buying, identification of sources, selecting and choosing the right suppliers, contracting, and maintaining the relationships with the future contractors.

Keywords: procurement management; supply chain; supplier selection; mathematical modeling; performance (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:vaecst:v:9:y:2018:i:1:p:47-58:n:5

DOI: 10.2478/vjes-2018-0005

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