Joint Purchasing Decisions Based on the Shortage Cost of the Automotive Industry
With the market competition increasingly fierce, the profit of the enterprise space is being compressed. Therefore, an important issue that enterprises face is how to expand the profit source of enterprises. The procurement is a very important part of the business management process, but the cost of procurement remains high in traditional purchasing mode. Hence, corporate managers pay high attention to how to use the scientific procurement mode to reduce procurement costs. This paper adopts the quantitative method of mathematical model to analysis the joint procurement decision-making under this new procurement mode and a simple example is illustrated.
KeywordsShortage costs Purchasing alliance Joint procurement Decision-making
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