European Journals of Business Management

ROLE OF STRATEGIC PROCUREMENT PRACTICES ON ORGANIZATIONAL PERFORMANCE; A CASE STUDY OF KENYA NATIONAL AUDIT OFFICE

Horace Odhiambo Oyuke
Jomo Kenyatta University of Agriculture and Technology, KENYA
Dr. Noor Shale
Jomo Kenyatta University of Agriculture and Technology, KENYA

CITATION: Oyuke, O.H & Shale,N. (2014). Role of Strategic Procurement Practices on Organizational Performance; A Case Study of Kenya National Audit Office County. European Journal of Business Management, 2 (1), 336-341.

ABSTRACT

Procurement strategy, as conceptualized and defined in the introduction does not represent a radical departure from the traditional concept of purchasing strategy; the only difference is that Internet-based technologies are used as tools to carry out the firm’s purchasing and corresponding corporate strategies. Despite the explosion in its use, procurement is a relatively old phenomenon; therefore a sound definition for procurement strategy does exist.  The construct, “procurement strategy” examined in this research represents a theoretical fusion of definitions of procurement and traditional purchasing strategy, which currently exist in the literature.  Perhaps more fitting descriptions of strategic procurement are those inferred from discussions that strategic procurement relates to those senior executive decisions which determine the ‘make/buy’ option.The purpose of this research is to investigate the Role of Strategic Procurement Practices on Organizational Performance; Case Study of Kenya National Audit Office.  Given the current and projected expenditures in procurement as well as the increasing importance of the purchasing function in contributing to firm profitability, it is important for firms to employ a systematic means of deciding which procurement practices will contribute most to the attainment of corporate goals.  A descriptive research design will be used in this study.The researcher will collect both primary and secondary data during the researcher. Primary data was collected using a questionnaire covering the strategic role of procurement in organizational performance.Quantitative data will be analyzed by employing descriptive statistics and inferential analysis using statistical package for social science (SPSS).


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