Analyzing the Impact of E-Procurement and Strategic Sourcing on Management Performance

Abstract

In the present business environment managers try their level best to make organization efficient and increase effectiveness of employees. To stream line procurement or logistics is one of the significant ways to become competitive. E-procurement is the purchase of goods/services, and works electronically and integral part of overall strategic sourcing plan in the current business environment. Over the years the world has witnessed a dramatic change in business management and service function. E-procurement has benefited both the managers by managing and operating their business at lower costs and with great efficiency and has given the stakeholder multiple options for deciding appropriately regarding feedstock, engineering items, utilities and service. Strategic sourcing and e-securing can enhance the operational, money related and store network arrange. Since grasping e-obtaining in the affiliation determinedly impacts strategic sourcing, these two follows in inventory network create better execution for associations. As it were, if companies execute both sourcing and e-obtaining, administrators practice joint and collaboration influence to progress firm’s execution. This examination gives observational affirmations of favorable circumstances in e-obtainment and strategic sourcing with objective that it can give elevating perspective toward key sourcing in supervisors' basic leadership. This research has added new insights on analyzing the impact of e-procurement and strategic sourcing on management performance in an organizational structure. Only procurement department of hospitals in Islamabad were the subject of the present study. This may limit the generalized ability of the research result. Strategic sourcing and e-securing can enhance the operational, money related and store network arrange. Since grasping e-obtaining in the affiliation determinedly impacts strategic sourcing, these two follows in inventory network create better execution for associations. As it were, if companies execute both sourcing and e-obtaining, administrators practice joint and collaboration influence to progress firm’s execution. This examination gives observational affirmations of favorable circumstances in e-obtainment and strategic sourcing with objective that it can give elevating perspective toward key sourcing in supervisors' basic leadership.