Business, Management and Accounting
4 years ago

Strategic purchasing boosts startup success in competitive market environments.

International Journal of Economics & Management Sciences
Investigating the Role of Strategic Purchasing Relationship with Supply Chain Management in Startups Company
Majid Shamshiri Bavili

Paper Summary

The study looked at how strategic purchasing affects supply chain management in startup companies. They surveyed purchasing executives and found that strategic purchasing is linked to better supplier responsiveness, changes in the supplier market, supplier communication, and the company's performance.

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