Procurement performance is a backbone of organizational performance since it contributes to the competitive purchase and acquisition of quality goods that put the organization's products or services on the competitive edge in the market. However, on several occasions, poor procurement activities have not been analyzed well for their contributions to the success or failure of the overall organizational performance. Procurement practices are a set of activities undertaken by an organization to promote effective management of its supply chain. This was undertaken with the main objective of finding out factors influencing procurement performance in an organization, a case study of Bamburi cement. The study was further guided by objectives such as staff competency on procurement, Information technology capabilities, and Procurement monitoring and regulation on procurement performance at Bamburi Cement. The study adopted the theory of Resource-Based, Technology, Organization and Environment Theory, and Institution Theory. The study was further guided by a descriptive research design as a methodology. The target population of the study includes Operations Staff, Procurement Staff, Logistics Staff, and Stores Staff totalling 48 while the sample size was 39. The study found out that the selected specific objectives which included competency on procurement, Information technology capabilities, and procurement monitoring & regulation were geared to provide insights on procurement performance had a positive relationship. The study recommended that that based on the findings, it is inevitable to highlight recommendations that can be used to enhance procurement performance not only at Bamburi Cement but on other firms as a whole. The study recommends that there is a need to enormously implement procurement monitoring and regulations through training of the procurement stakeholders. Further recommendations on areas of a further research study with similar variables but on a different organizational set-up. Moreover, further research is suggested on factors such as leadership, ethics, integrity, and governance.
FACTORS INFLUENCING PROCUREMENT PERFORMANCE IN AN ORGANIZATION, CASE STUDY OF BAMBURI CEMENT LTD
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Country:
Kenya
Volume & Issue:
Volume 03, Issue 05, May 2021
Page No:
1189-1198
Abstract:
KeyWords:
Procurement Performance; Staff competency; Information Technology & Procurement monitoring and regulation