Does Planning Pay Off? Investigating Role of Procurement Planning in Fostering Organizational Performance: The Case of Kenyan Judiciary.
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Publication Date
2023-11Author
Wanyonyi, Renson
Oloo, Caroline
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Show full item recordAbstract/ Overview
With the ever increasing competitions, complexity of business systems and structures buoyed by government regulations and deregulations, business organizations
and corporates are turning to strategic practices with the view of improving their performance. performance itself is not a new phenomenon, though achieving
results in purchasing firms has become a bone of contention. The purpose of this article is to investigate effect of procurement planning on organizational
performance basing on the judiciary of Kenya. We achieved this through a quantitative paradigm in a correlational survey design, with data being obtained from a
sample of 50 respondents The results showed planning procurements pay off, procurement planning has a positive significant effect on organizational performance
(R2=.647, β=.269) denoting that planning procurement explains 64.7% change in organizational performance with unit adoption of planning resulting into 0.269
units in organizational performance. Findings ground theoretical position in the institutions theory that firms can create a socially responsible environment and
better their results through planning practices. Study concludes: it’s about planning to get best deals in procurement and wider firm performance