Economic aspects of purchasing logistics

Abstract

The article deals with economic aspects of purchasing logistics. Purchasing department in the company must manage and reduce costs if it is possible. The purchaser can use a number of methods to reduce administrative costs, purchase prices and inventory carrying costs. From a point of view of economics is the main aim of purchase to reduce costs related to purchasing activities. Purchasing focused on getting the right product or service to the right place at the right time, in the right quantity, in the required condition or quality, and from the right supplier at the right price. The management of purchasing activities can lead to increased profitability.