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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| Format: | Article |
| Language: | English |
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University of Petrosani
2014-12-01
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| 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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| _version_ | 1850085905577017344 |
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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. |
| format | Article |
| id | doaj-art-4e7df2ae351447e882d98f5d3c972d98 |
| institution | DOAJ |
| issn | 1582-5949 2247-8620 |
| language | English |
| 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 AT elenasima useofpartnershipinpurchasing AT georgebalan useofpartnershipinpurchasing |