PURCHASING BUSINESS IN THE CONDITIONS OF THE PANDEMIC CRISIS
PURCHASING BUSINESS IN THE CONDITIONS OF THE PANDEMIC CRISIS

Author(s): Sandra Mrvica Mađarac, Zvonimir Filipović, Marko Eljuga
Subject(s): Social Sciences, Economy
Published by: Udruženje ekonomista i menadžera Balkana
Keywords: Purchasing business; Pandemic crisis; Supply; Organization; Company.
Summary/Abstract: Procurement is a function of the company that cares of everything about that is necessary for the realization of the goals of the business system and in particular it is very important for the successful operation of a trade company. Procurement is a function of the company and other business structures whose task is to supply the equipment, materials, services, products and energy needed to achieve goals of the business system. By pursuing the economic order quantities, decisions on expenditures and selection of the best suppliers we contribute to the business success. On the global level, companies are facing the impact and consequences of the COVID 19 pandemic, which also affects companies purchasing processes. In the paper are presented and analysed changes in the organization and functions of the purchasing business activities of the two companies as a consequence of the pandemic crisis.

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