The applicability of selected financial metrics in evaluating purhasing performance
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F15%3A00089098" target="_blank" >RIV/00216224:14560/15:00089098 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
The applicability of selected financial metrics in evaluating purhasing performance
Original language description
Return on assets (ROA) may be encountered as an indicator of the supply in the research studies on supply issues. The indicator is rather an indicator of the performance of the entire enterprise, as evidenced by the very low correlation with the purchasing operating efficiency metrics as purchased quantity per dollar, purchased quantity per purchasing employee, or turnover ratio. Another way to evaluate the purchasing performance is based on Management by Objectives (MBO). The nmetrics of purchasing operational efficiency, as well as evaluation on the basis of MBO, can be obtained only from detailed analyses or audits, which are often not implemented in the enterprises; ROA is a very rough indicator of the purchasing performance. Therefore, the purpose of this paper is to put forward purchasing performance indicators based on available informations from financial stataments and determine whether these indicators are applicable for purchasing performance evaluation.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
AE - Management, administration and clerical work
OECD FORD branch
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Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2015
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
2nd International Multidisciplinary Scientific Conference on Social Sciences & Arts SGEM 2015
ISBN
9786197105476
ISSN
2367-5659
e-ISSN
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Number of pages
8
Pages from-to
419-426
Publisher name
SGEM international multidisciplinary scientific conference on social sciences and arts
Place of publication
Sofia
Event location
Albena
Event date
Aug 26, 2015
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000374911200054