Impact of electronic procurement & procurement practices on procurement performance

Abstract

Purpose The purpose of this research is to amply highlight and evaluate the relationship between Electronic-Procurement, Procurement Practices adopted by an organization and influence of Electronic-Procurement and Practices on Procurement Performance in manufacturing industry. Methodology The study comprises of questionnaires filled by 300 respondents. Multiple regression model is used to evaluate the data. The data is collected from primary source through questionnaire. Findings The findings from this research confirm that there is a substantial impact of Electronic Procurement and Procurement Practices on Procurement Performance of any organization. It is established that that higher the implementation and improvement in practices of procurement and IT usage in organizations, better is the output/ performance of procurement department. Practical Implications This research proposes that there is a need to improve the procurement functions by adopting proactive approach and encouraging the positive use of IT applications for better performance. Keywords E-Procurement, Practices, Performance, Supply Chain, Suppliers, Customers, Manufacturing Industry