Sustainable purchasing systems based on demand forecasting - Supply chain sustainable growth a challenge nowadays

Abstract

In consequence of growing international business volume and supply chain management importance, the purchasing as one company's functional part has gained strategic role to be successful in the current business markets. (Paulraj, Chen, & Flynn, 2006) Contemporary supply chains of particular industrial branches are getting, in consequence of business markets globalization, still more complex and material flows streaming in them are getting still more bulky. The bulky material flows in inner or in outer supply chains should be effectively planned, managed and controlled in context of long-term sustainable socio-economic development and living environment protection. Well, enterprise management systems - one of them is also purchasing management system; should be designed in the way to be possible to reach required level of stability and simultaneously to reach required level of flexibility.