Keyword: «joint purchases»

Globalization of social processes, simplification of world trade, technological progress and widespread digitalization are the strongest engines of economic development. The article deals with the concept of joint purchases. The factors that contributed to the development and consolidation of joint purchases as a way of interaction between business communities are identified.

Optimization of coordinated management and economic activities in the context of digitalization is to improve the efficiency of the procurement management process and increase the economic efficiency of companies by minimizing overhead costs. The purpose of the work is to identify factors that contribute to the development of joint purchases and identify risk factors for participants. The article discusses the concept of joint procurement. The factors that contributed to the development and consolidation of joint procurement as a way of interaction between business communities are identified. Legal and regulatory factors of joint procurement organization are investigated. Risk factors of participants in joint purchases were identified.