Search results for "Purchasing"

Research on Public Procurement of Information Systems: The Need for a Process Approach

2014

The Market’s Maturity for Public Procurement of Circular Furniture: A Study from Latvia

2021

Public procurement plays an important role in the market by making up 14% of the Gross Domestic Product in the European Union, therefore it is seen as an important instrument to promote such products and services that better meet society’s demands, for example, sustainability. Starting from 2015, circularity is an important aspect of sustainability. Furniture is among the product groups with a significant impact on the material footprint, therefore approaches to increase material efficiency and circularity are of high value. With this research, the authors investigate the market’s maturity, i.e. the readiness of suppliers to offer circular furniture and services, as well as the readiness o…

Consumers’ Behavior in Decision-Making in Foodstuff Purchasing Process

2018

The purpose of this research is developing of model of market segmentation for food consumers, as well as determination the extent of influence of various factors influencing the behavior of the Latvian consumers while making the decision on purchase of these goods. In the course of the research approaches to market segmentation of food products consumers were used, as well as statistical data for Latvian food product market, described in literature, also the results of empirical researches. As a result the model of market segmentation for food consumers was developed, the extent of influence of various factors influencing the behavior of the Latvian consumers was determined based on the co…

Interactive Multiobjective Optimization in Lot Sizing with Safety Stock and Safety Lead Time

2021

In this paper, we integrate a lot sizing problem with the problem of determining optimal values of safety stock and safety lead time. We propose a probability of product availability formula to assess the quality of safety lead time and a multiobjective optimization model as an integrated lot sizing problem. In the proposed model, we optimize six objectives simultaneously: minimizing purchasing cost, ordering cost, holding cost and, at the same time, maximizing cycle service level, probability of product availability and inventory turnover. To present the applicability of the proposed model, we consider a real case study with data from a manufacturing company and apply the interactive NAUTI…

Axes of relationship value between manufacturers and retailers

2018

Purpose The purpose of this paper is to define the relationship strategy of manufacturers with their retail customers through the identification of axes for the creation of relationship value. Design/methodology/approach A survey was carried out and 219 valid questionnaires were completed and returned by the purchasing managers of retail companies in the furniture sector. The model was estimated using the partial least squares approach. Findings The results revealed three axes of value creation: the core axis, the information and communication technologies (ICTs) axis, and the access axis. These axes included the benefits and costs related to the product and the service provided, the ICTs …

The Valencian Merchant Joan Augier’s Accounts Book: Year 1604

2017

Merchants are essential figures in the economy of the modern centuries, and getting to know their activity allows for a better understanding of their environment. The accounts book therefore represents a valuable and also a scarce type of document, at least in xvi century Spain. The issue that made the following work possible spans years 1597-1613, and belonged to the Valencian merchant Joan Augier. The analysis of year 1604 reveals diversified economic and financial activity, among which we highlight import and export with Marseilles and Genoa, and tax renting or bond purchasing. The pages show a complex network of interprofessional relationships together with information concerning a rang…

The impact of service bundles on the mechanism through which functional value and price value affect WOM intent

2017

Purpose The purpose of this paper is to contribute toward the current limited understanding of service bundles by investigating how purchasers of combined product-service bundles (bundle customers) differ from those purchasing a product and associated service separately (non-bundle customers). Design/methodology/approach The hypothesized effects were tested on a representative sample of mobile phone subscribers in Finland, through a multi-group moderated analysis using variance-based structural equation modeling. Findings While functional value had a stronger effect on attitude for bundle customers, price value is a stronger determinant of attitude for non-bundle customers. There was no di…

A framework for public purchasing under a decentralized organization: an empirical study in the healthcare sector in Italy

2009

More and more public companies are showing interest in how no conventional purchasing strategies, such as purchasing group solutions, may improve efficiency in purchasing activities by providing consistent saving on public organization budgets. This issue is essential for the healthcare sector, whose public spending is still increasing and represents a significant part of the GNP of many European countries. In this paper, different purchasing strategies have been addressed; more specifically, the main objective is to formalize a framework supporting purchasing strategy formulation, and operazionalize it through an empirical application to the Sicilian Region healthcare industry.

Sharing Economy: A Business Perspective

2020

The developments in information technology on the one hand, and the reduced purchasing power of many people due to the global crisis as well as the increasing sustainability concerns on the other hand, have contributed in recent years to the creation of a multitude of Internet-enabled peer-to-peer platforms and the consequent rise of a new paradigm of economy, namely the sharing economy. Under this paradigm, consumers on a massive scale share and make use of underutilized resources upon payment. In this chapter, we present an overview of the sharing economy phenomenon from a business perspective by identifying the major factors guiding its emergence and growth, by presenting some important …

Drivers and barriers to online airline ticket purchasing

2009

Although online sales of airline tickets are growing, many travellers are still reluctant to use the web as a purchase channel. Given the cost advantages of online sales for airlines, it is useful for them to know the main drivers and barriers affecting the use of the Internet to purchase tickets. This study analyses the influence of risk, perceived usefulness and perceived ease of use on the airline ticket online purchase intention. The results of a survey show that perceived purchase risk and perceived usefulness exercise a direct influence on airline ticket purchasing intentions, while perceived ease of use has an indirect influence through perceived usefulness. Psychological risk, perfo…