IMPACT OF IMPROVISED E- PROCUREMENT & LATEST TRENDS OF PROCUREMENT ON PERFORMANCE

Abstract

The research has two basic purposes: Validate the relationship between Electronic-Procurement, Practices of Procurement and Procurement Performance and to examine the energyof Electronic- Procurement followed by Performance of locally manufacturing firms. The research included utilization of surveys filled by 300 respondents and multiple regression models are used to analyze the data. The data is collected from primary source through questionnaire.In research it is uncovered that the utilization of IT application and empowering the useof the IT in procurement will enhance the operation of procurement. The research proposed that there is a need to enhance the operations in procurement by encouraging the usage of IT applications for better performance.