Procurement Performance Measurement in Commercial Banks in Kenya
Abstract
Procurement encompasses the whole process of acquiring property and/or services.
Sound public procurement policies and practices are among the essential elements of
good governance. Performance measurement is crucial in enhancing the performance of
organizations because whatever gets measured gets done. The procurement function has
not been given the recognition it deserves in developing countries, in most public
entities. The study used descriptive survey design with all the commercial banks
operating in Kenya as the units analysis. The study used primary data which was
collected through use of questionnaires with respondents as the procurement managers
in the 43 commercial banks. The data collected was analyzed using descriptive statistics
and inferential statistics. The results indicated that procurement performance
measurements in banks are adequate. ANOVA statistics presented indicate that the
overall model was statistically significant. There is a positive relationship between
procurement performance measurement and internal processes, staff training, ethics and
culture which through regression analysis had beta coefficients.
Citation
Kariuki,Eva N.;October 2013.Procurement Performance Measurement In Commercial Banks In Kenya.Publisher
University of Nairobi School of Business