Abstract:
Purpose:
The current research is about the procurement practices in textile sector of Pakistan. Pakistan
textile sector is very dynamic and significantly affect the economy because many Pakistan based
company are directly involved in exports. Therefore, the organizations must have sound
procurement practices. If these companies will succeed and increase their profitability, only then
the economic output will increase and economy will flourish.
Methodology/sample:
The current research is based on non-probability sampling and convenience sampling. This
technique has been used because the research does not have access to purchases professionals all
over Pakistan. A sample size of 100 purchases professional has been used for data collection.
Correlation and regression has been used to test the hypothesis
Findings:
It has also been found that use of information technology also enhanced the performance of the
organization. It’s a matter of fact that in this era of technology only those organizations are
successful which are adaptive to information technology. Relationship with suppliers is also an
important factor which has been studied in this research. It has been found that supplier
relationship also affects the organizational performance and it is positively correlated with the
organizational performance. . Furthermore the results of the study also revealed that record
management is also positively correlated with the organizational performance. It has also been
found in this study that cost management, record management, information technology and
supplier relation all are significant predictors of the organizational performance in textile sector
of Pakistan.
Practical Implications:
The current research fills in gap in the existing research.
