Assessment of Supplier Appraisal Influence on Performance of Procurement Function

Obura, Collins Ochieng; Shale, Noor Ismail; Mukanzi, Clive

doi:10.35409/ijbmer.2021.3326

Cited by 3 publications

(1 citation statement)

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“…An example of performance management is executed through supplier assessments or appraisals. In the study conducted by Obura et al (2021), it was found out that the supplier appraisal is essentially related to the performance of the procurement role, thus increasing the satisfaction of the department's performance. Better value is the ultimate goal of the VMS.…”

Section: Literature Reviewmentioning

confidence: 99%

Assessment and Development of Vendor Management System (VMS) of Company OPQ

Proceedings of the International Conference on Industrial Engineering and Operations Management

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Vendor Management (or Supplier Management) is a critical activity in which buyers, purchasing staff, or procurement officers are in-charge to execute. It is done to keep the suppliers engaged with the needs of the business and for the suppliers to be aligned with its goals. Also, vendor management is purposed to maintain a good business relationship with the suppliers which is beneficial to both the business and suppliers. Company OPQ is a chemical manufacturing company in the Philippines that serves various market industries (food, biodiesel, homecare, personal care, crop science, building & construction, etc.) thus, given these large industries being supported and to continue supporting them, the company's supply base must be taken care of. Hence, Vendor Management System (VMS) is one of the programs that administer the supply concerns of the company by managing the suppliers and all concerns associated with them. Currently, the VMS of Company OPQ is comprised of 2 programs: Supplier Audit and Supplier Assessment. The study intends to assess these programs, identify areas of improvement, and create proposed revisions using a method inspired by the Systematic Literature Review (SLR). This is done by extracting data from the company's VMS records and procedures and interviews with the internal and external stakeholders who are directly involved in the VMS programs. The proposed revisions for the VMS programs are believed to fortify the audit coverage questions and more comprehensively assess the supplier's performance. Through this, the maximum potential of the supplier might be unlocked.

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Section: Literature Reviewmentioning

confidence: 99%

Assessment and Development of Vendor Management System (VMS) of Company OPQ

Proceedings of the International Conference on Industrial Engineering and Operations Management

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Using an ISO 9001 Based Framework as a Benchmark to Identify Best Practices Used by Sri Lankan Practitioners when Selecting Suppliers

Dharmadasa,

De Silva,

Thibbotuwawa

et al. 2023

Lecture Notes in Networks and Systems

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Effect of Supplier Appraisal on Performance of Construction Projects of Counties in Lake Region Economic Bloc, Kenya

Milimo,

Chepng’etich

2024

ijsshr

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Procurement Laws and Regulations 2015 are a yard stick that directs how buying of goods, services, and works by governments and state-owned businesses should be conducted (Thiankolu, 2019). However, there exists an absence of compliance to these laws as envisaged by its framers which results to bias and uncompetitive bidding, evaluation and award of contracts process something that compromises the effectiveness of the project's accomplishment (Kagume & Wamalwa, 2018). The primary objective relating to this research entailed investigating the effect of supplier appraisal on performance of construction projects of counties in Lake Region Economic Bloc, Kenya. The study adopted a descriptive research design with stratified random sampling technique being applied to select a sample of 342 respondents from a total population of 2346 county officials that include finance and procurement officers. A survey instrument was utilized for gathering data, using questions that were both open and closed-ended. The survey instrument was piloted in Marsabit County. It was conducted to ensure that the instrument is both valid and reliable. SPSS was used to perform analysis of data. Supplier appraisal was established to have a positive and significant correlation on the performance of counties in Lake Region Economic Bloc with a co-efficient of correlation R value of 0.816 and P<0.05. Supplier appraisal with a coefficient of determination (R2=0.700, P<0.05) could account for 70% of variation in the performance of construction projects if other factors were to be held constant. Specifically, when Supplier appraisal increases by a single unit, there will be a subsequent increase in performance of construction projects by 0.885 units (β1=0.885, P<0.05). This suggests a positive and strong correlation between supplier appraisal and performance of construction projects and thus the study suggests that evaluating suppliers using technical, financial, and legal criteria might help construction projects succeed in Kenya's Lake Region Economic Bloc.

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Assessment of Supplier Appraisal Influence on Performance of Procurement Function

Cited by 3 publications

References 0 publications

Assessment and Development of Vendor Management System (VMS) of Company OPQ

Assessment and Development of Vendor Management System (VMS) of Company OPQ

Using an ISO 9001 Based Framework as a Benchmark to Identify Best Practices Used by Sri Lankan Practitioners when Selecting Suppliers

Effect of Supplier Appraisal on Performance of Construction Projects of Counties in Lake Region Economic Bloc, Kenya

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