IMPACT OF E-PROCUREMENT ON PROCUREMENT PRACTICES AND PERFORMANCE OF FMCGS INDUSTRYOF PAKISTAN

Abstract

Purpose of the study: The primary purpose for conducting this inquiry is to find out impact of e- procurement on procurement practices and performance of FMCGs industry of Pakistan. Research methodology: The data has been collected from FMCG industries based in Karachi. Primary data has been collected and the type of research is quantitative in nature. Different test including Correlation and regression has been applied on this research and collective data has been examined and integrated through SPSS. Findings: All the hypotheses have been proved as statistically significant. To find impact of electronic - procurement technology on procurement practices and performance, all the hypothesis were critically discuss and interpreted. With all the results it is cleared that information technology, suppliers, employee’s competence and procurement process has impact on procurement performance. Practical implication: Without any doubt it can be said that information system and information technology affect procurement performance and practices, these are the basic pillars and key performance indicator to sustain procurement performance in a proper way. In order to get competitive advantages over the competitor’s organization should use latest procurement techniques to enhance performance. Such organization should adopt latest information technology tools for procurement so that performance would get more accurate and would ultimately help organization to achieve higher profitability and competitive edge.