THE USE OF PARTNERSHIP IN PURCHASING

The partnership is now increasingly used in all areas thanks to the synergy it implies and of the benefits demonstrated. And in today's economy benefits of the partnership are widely recognized. Partnership in purchase makes no exception. This paper presents the benefits of a partnership-based...

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Main Authors: ELENA SIMA, GEORGE BĂLAN
Format: Article
Language:English
Published: University of Petrosani 2014-12-01
Series:Annals of the University of Petrosani: Economics
Subjects:
Online Access:http://www.upet.ro/annals/economics/pdf/2014/part2/Sima-Balan.pdf
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author ELENA SIMA
GEORGE BĂLAN
author_facet ELENA SIMA
GEORGE BĂLAN
author_sort ELENA SIMA
collection DOAJ
description The partnership is now increasingly used in all areas thanks to the synergy it implies and of the benefits demonstrated. And in today's economy benefits of the partnership are widely recognized. Partnership in purchase makes no exception. This paper presents the benefits of a partnership-based purchases compared to those of traditional purchasing. Less well known is that a partnership built and/or implemented incorrectly and may result in additional costs and thus lead to disadvantages for both companies. For this reason, the paper aims to present what a partnership is, to show which steps should be taken to build a successful partnership and to exemplify through companies which have implemented correctly this type of collaboration, obtaining exceptional results.
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publishDate 2014-12-01
publisher University of Petrosani
record_format Article
series Annals of the University of Petrosani: Economics
spelling doaj-art-4e7df2ae351447e882d98f5d3c972d982025-08-20T02:43:36ZengUniversity of PetrosaniAnnals of the University of Petrosani: Economics1582-59492247-86202014-12-01XIV2245252THE USE OF PARTNERSHIP IN PURCHASINGELENA SIMA0GEORGE BĂLAN1Romanian-German University of Sibiu, RomaniaRomanian-German University of Sibiu, RomaniaThe partnership is now increasingly used in all areas thanks to the synergy it implies and of the benefits demonstrated. And in today's economy benefits of the partnership are widely recognized. Partnership in purchase makes no exception. This paper presents the benefits of a partnership-based purchases compared to those of traditional purchasing. Less well known is that a partnership built and/or implemented incorrectly and may result in additional costs and thus lead to disadvantages for both companies. For this reason, the paper aims to present what a partnership is, to show which steps should be taken to build a successful partnership and to exemplify through companies which have implemented correctly this type of collaboration, obtaining exceptional results.http://www.upet.ro/annals/economics/pdf/2014/part2/Sima-Balan.pdfpartnershipindividual performancetotal costcommon objectives
spellingShingle ELENA SIMA
GEORGE BĂLAN
THE USE OF PARTNERSHIP IN PURCHASING
Annals of the University of Petrosani: Economics
partnership
individual performance
total cost
common objectives
title THE USE OF PARTNERSHIP IN PURCHASING
title_full THE USE OF PARTNERSHIP IN PURCHASING
title_fullStr THE USE OF PARTNERSHIP IN PURCHASING
title_full_unstemmed THE USE OF PARTNERSHIP IN PURCHASING
title_short THE USE OF PARTNERSHIP IN PURCHASING
title_sort use of partnership in purchasing
topic partnership
individual performance
total cost
common objectives
url http://www.upet.ro/annals/economics/pdf/2014/part2/Sima-Balan.pdf
work_keys_str_mv AT elenasima theuseofpartnershipinpurchasing
AT georgebalan theuseofpartnershipinpurchasing
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