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The Strategic Role of the Material Resources Ensuring Management in a Crisis Context

Author

Listed:
  • Gheorghe CÂRSTEA

    () (The Bucharest University of Economic Studies, Romania)

  • Oana PÃUN

    () (The Bucharest University of Economic Studies, Romania)

Abstract

In the conditions of the current crisis, there is an increase in the importance of ensuring the management of material resources. A strategy to ensure the necessary material resources on the suppliers’ market is mandatory as a result of the growing role that this function holds in the present economic conditions and of its integration into the strategic activity of organizations. A strategic and proactive function of ensuring material resources can offer your organization a competitive advantage by reducing costs in the value chain. Nevertheless, resource-ensuring strategies cannot be developed in isolation, as they must be integrated into the overall strategy of the company so as to fit harmoniously in order to be able to achieve their goals and to contribute to the success of the whole system of the organization.

Suggested Citation

  • Gheorghe CÂRSTEA & Oana PÃUN, 2013. "The Strategic Role of the Material Resources Ensuring Management in a Crisis Context," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 14(5), pages 713-723, December.
  • Handle: RePEc:rom:rmcimn:v:14:y:2013:i:5:p:713-723
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    More about this item

    Keywords

    economic crisis; management of ensuring with material resources; strategic role; strategy.;

    JEL classification:

    • L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
    • M19 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Other
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development

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