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

Author

Listed:
  • Duica Mircea Constantin
  • Florea Nicoleta Valentina
  • Duica Anisoara

    (Valahia University of Targoviste, Romania)

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.

Suggested Citation

  • Duica Mircea Constantin & Florea Nicoleta Valentina & Duica Anisoara, 2018. "Selecting the Right Suppliers in Procurement Process along Supply Chain-a Mathematical Modeling Approach," Valahian Journal of Economic Studies, Sciendo, vol. 9(1), pages 47-58, April.
    • Handle: RePEc:vrs:vaecst:v:9:y:2018:i:1:p:47-58:n:5
    DOI: 10.2478/vjes-2018-0005
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