Co-procurement: making the most of collaborative procurement

While the procurement decision is generally made by individual buyers, this study investigates how a group of buyers can make a shared decision. We call this collaborative approach, co-procurement. A mathematical model is formulated for the decision of procurement from multiple suppliers. The model is solved for individual buyers. The outcome...

University Relationship Management

In recent decades, to gain a competitive advantage, firms have improved their relationships with universities as the main generators of science and technology in modern societies. There are various goals and drivers that inspire firms to engage in such relationships. These goals and drivers, along with several facilitators, in turn indicate...