is an omnipresent tool used by many persons and specialists which may measure the link between two or more variables, the impact of a variable on other variables, and to determine important cause and effect relationships.
Published in Chapter:
Procurement Process and Supply Chain: Analyzing the Impact of New Technologies on Procurement
Florea Nicoleta Valentina (Valahia University of Targoviste, Romania)
Copyright: © 2020
|Pages: 36
DOI: 10.4018/978-1-7998-0202-0.ch010
Abstract
Organizations are operating in an environment which offers opportunities but also dangers, risks, changes, and challenges. To face these changes, organizations must develop effective strategies based on relationships with stakeholders and profit decisions, and cost-based in order to obtain competitive advantage. To satisfy customers' needs, the organizations seek a position of superiority over its competitors. To deploy its activities and to achieve its objectives, any organization must dispose resources such as material, human, financial, informational, and technological. This chapter treats a very interesting theme, that of procurement, as commercial activity, in the complex activities of organizations. The chapter starts with the literature in the field and presents the evolution of the process, the objectives, the roles, the functions, the activities, and the typology. The author presents the impact the new technologies have on procurement process, using a simulation model, based on mathematical and statistical models and IT programs.