Evaluating procurement practices and its effects on the operations of public sector organisations. The case of volta river authority.
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Date
2023
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KNUST
Abstract
This study aims to assess the influence of procurement practices on the operational aspects of the Volta River Authority (VRA) within Ghana's electricity sector. The objectives; firstly, to evaluate the influence of tendering on procurement performance within VRA; secondly, to assess the influence of supplier selection on procurement performance carried out by VRA; and thirdly, to determine the influence of contract management on procurement performance at VRA. The study iv adopted the quantitative and descriptive survey method of research analysis collecting data using convenient sampling technique. Data was analyzed using SPSS version 26 with a PROCESS MACRO using both descriptive and inferential statistics. The population of the study consists of 140 management employees, and a sample size of 100 respondents were selected. The results reveal that tendering has a positive influence on procurement performance. Supplier selection has a positive influence on procurement performance. Contract management has a positive influence on procurement. It is recommended organization should prioritize effective procurement practices, including rigorous supplier assessment, transparent tendering processes, and professional contract management, to enhance procurement performance and overall operational efficiency.
Description
A thesis submitted to the institute of distance learning, of the Kwame Nkrumah university of science and technology, Kumasi in partial fulfillment of the requirements for the degree of master of science in procurement and supply chain management msc. Procurement and supply chain management