IMPACT OF FACTORS AFFECTING SUPPLIER’S SELECTION DECISION IN KARACHI

Abstract

Aim of study: The aim of this study is to find out the impact of five different factors that are price, quality, delivery, technology, supplier relationship management on the supplier selection decision. These variables are selected after a detailed review of available researches and current market trends.

Research methodology: The methodology that was adopted for this research is convenience sampling technique of non-probability sampling. All the data was primary in nature and was collected through close ended questionnaire electronically. For this research five independent variables were identified i.e price, delivery, and quality, technology and supplier relationship management.

Findings of research: The research was conducted to identify the impact of factors on supplier selections. All the hypotheses were accepted this shows that there is a significant impact of factors on supplier selections in Karachi.

Significance of study: Practical implications of this research are that, this research provided a fruitful insight about the importance of supplier selection factors. Organizations should understand and acknowledge this importance for prosperity and growth.