PROCUREMENT MANAGEMENT
Managing communication and relationship with suppliers
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The book "Procurement Management - Managing Communication and Relationship with Suppliers" explores the strategic evolution of procurement from an administrative task to a core function driving organizational competitiveness and sustainability. Procurement is defined as a complex process of acquiring goods and services by balancing cost, quality, timing, and supplier relations. The authors highlight how digitalization, artificial intelligence, and e-procurement have transformed planning and control systems, reinforcing procurement's role in value creation and performance improvement.The study ...
The book "Procurement Management - Managing Communication and Relationship with Suppliers" explores the strategic evolution of procurement from an administrative task to a core function driving organizational competitiveness and sustainability. Procurement is defined as a complex process of acquiring goods and services by balancing cost, quality, timing, and supplier relations. The authors highlight how digitalization, artificial intelligence, and e-procurement have transformed planning and control systems, reinforcing procurement's role in value creation and performance improvement.The study emphasizes sustainability, ethics, and strategic partnerships as essential pillars in managing supplier relationships. Green procurement and responsible practices not only support environmental protection but also enhance corporate reputation and long-term collaboration. By integrating efficient resource planning methods such as MRP and JIT and applying rigorous supplier evaluation, procurement management becomes an interdisciplinary field that fosters innovation, cooperation, and sustainable development, positioning it as a vital element of global economic success.
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