THE IMPACT OF PROCUREMENT STRATEGIES ON MANUFACTURING PERFORMANCE

Abstract

Manufacturing performance is a rapid developing area of research. Many companies are trying to check out the tools for enhancing the manufacturing performance. The prospective of the procuring strategies is to increase the value of shareholders are not well exposed and are not widely acknowledged. The study examined empirical research that investigates the influence of procurement strategies in the manufacturing performance. As there is an increase in number of organizations implementing deep and long term collaborations with suppliers, studies is looking at performance implications of modem practice of procuring is mainly need of time. To test the study questionnaire with complete information were used for statistical analysis. This research shows that the procuring strategies play constructive impact on the manufacturing performance. To remain competitive in the business environment and relevant in the challenging this paper indicates that procurement strategies are significant for manufacturing firms.