Authors :
Sahara Issack Ali; Emmanuel Awuor
Volume/Issue :
Volume 9 - 2024, Issue 11 - November
Google Scholar :
https://tinyurl.com/ytsnyusw
Scribd :
https://tinyurl.com/ezhh2m73
DOI :
https://doi.org/10.38124/ijisrt/IJISRT24NOV369
Note : A published paper may take 4-5 working days from the publication date to appear in PlumX Metrics, Semantic Scholar, and ResearchGate.
Abstract :
The aim was to examine procurement planning
processes on organization performance at Geothermal
Development Company, and establish the influence of
supplier selection, need identification on organization
performance at the Geothermal Development Company.
The study's fundamental anchor theory was goal-setting
theory, which is backed by institutional theory and a
resource-based view. Utilizing stratified random sampling,
using a descriptive research methodology, 232 people were
selected as the sample size out of 550. Questionnaires were
used in the process of gathering data. Ten randomly
chosen employees from the target population participated
in the pilot project. SPSS version 27 and basic statistics
were used to analyze the quantitative data. Tables were
used in the data presentation. Inferential statistics,
regression analysis and correlation, were utilized to show
the relationships between the variables. The regression is
based on the organization's performance and procurement
planning process as predictors. The findings demonstrate a
positive correlation with R = 0.684 and R2 = 0.573,
meaning that changes in each of the predictor categories
could account for 57.3% of the variance in the
organization’s performance, the variances of the elements
not included in this analysis account for the remaining
42.7%. Study recommends that GDC management
recognize that procurement planning practices are not
static and needs should be determined, tendering
procedures should be established, budgets should be
estimated, and user departments should be involved. In
order to ensure that procurements are successful, GDC
management should make sure that appropriate
procedures are put in place during planning, with input
from procurement staff and the user department, and that
progress reports are escalated for required action. Further
investigation into other variables is required to account for
the remaining change in purchase planning procedures.
based on the findings of this investigation, the conclusion,
and the advice that came after. This additional research
should aim to corroborate the findings of the current study
and offer fresh data.
Keywords :
Procurement Planning Processes, Organization Performance, Supplier Selection, Need Identification.
References :
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The aim was to examine procurement planning
processes on organization performance at Geothermal
Development Company, and establish the influence of
supplier selection, need identification on organization
performance at the Geothermal Development Company.
The study's fundamental anchor theory was goal-setting
theory, which is backed by institutional theory and a
resource-based view. Utilizing stratified random sampling,
using a descriptive research methodology, 232 people were
selected as the sample size out of 550. Questionnaires were
used in the process of gathering data. Ten randomly
chosen employees from the target population participated
in the pilot project. SPSS version 27 and basic statistics
were used to analyze the quantitative data. Tables were
used in the data presentation. Inferential statistics,
regression analysis and correlation, were utilized to show
the relationships between the variables. The regression is
based on the organization's performance and procurement
planning process as predictors. The findings demonstrate a
positive correlation with R = 0.684 and R2 = 0.573,
meaning that changes in each of the predictor categories
could account for 57.3% of the variance in the
organization’s performance, the variances of the elements
not included in this analysis account for the remaining
42.7%. Study recommends that GDC management
recognize that procurement planning practices are not
static and needs should be determined, tendering
procedures should be established, budgets should be
estimated, and user departments should be involved. In
order to ensure that procurements are successful, GDC
management should make sure that appropriate
procedures are put in place during planning, with input
from procurement staff and the user department, and that
progress reports are escalated for required action. Further
investigation into other variables is required to account for
the remaining change in purchase planning procedures.
based on the findings of this investigation, the conclusion,
and the advice that came after. This additional research
should aim to corroborate the findings of the current study
and offer fresh data.
Keywords :
Procurement Planning Processes, Organization Performance, Supplier Selection, Need Identification.