THE IMPACT OF LOGISTICS ON THE LEVEL OF CURRENT ASSETS IN THE GROUP PURCHASING ORGANIZATION

1 ZIMON Grzegorz
Institution:
1 Rzeszów University of Technology, Department of Finance Banking and Accountancy, Rzeszow, Poland, EU
Conference:
7th Carpathian Logistics Congress, ALEXANDRA WELLNESS HOTEL, Liptovsky Jan, Slovakia, EU, June 28th - 30th 2017
Proceedings:
Proceedings 7th Carpathian Logistics Congress
Pages:
371-376
ISBN:
978-80-87294-74-1
ISSN:
2694-9318
Published:
30th November 2017
Proceedings of the conference were published in Web of Science.
Metrics:
392 views / 136 downloads
Abstract

A group purchasing organization is a multi-stakeholder entity that is designed to improve the company financial position. Logistics in the GPO is expanded because there are cooperating companies and the central unit in such an organization. The purchasing group's central unit manages the supply chain process, which directly affects individual logistics management. Logistic processes in an enterprise are generally considered in a short-term or operational aspect. Therefore, logistics management is a great support for building short-term management strategies and that is why it has a large impact on current assets. The article presents the impact of logistics on the level and structure of current assets and in units operating within a GPO. The analysis was based on the financial data of 25 trading companies operating in the group. The research was done on the basis of the financial statements for 2013-2015. In the study the preliminary financial analysis and selected financial indicators were applied.

Keywords: logistics, purchasing group, current assets

© This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

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