IJSSE - International Journal of Social Sciences and Entrepreneurship Upcoming Journals: International Journal of Innovation and Management (IJIM), International Journal of Engineering and Architecture (IJEA) & International Journal of Science and Agriculture | IJAE, IJEF & IJHRP Call for Papers - Forthcoming Issue (Decemer 2014). Submission deadline: 25th December 2014 |

No images

UserInfo


54.156.39.245
United States United States
Your Time

User Statistics Info
IJSSE is one of the leading International Journals by User Statistics!

Login Form



IJSSE Newsletter Form
Full Names *
E-mail Address: *
Country *
PDF Print E-mail

EFFECTS OF PROCUREMENT RISK MANAGEMENT PRACTICES ON ORGANIZATIONAL PERFORMANCE IN THE KENYAN ENERGY SECTOR

 

 

Purity Chemutai Kimaiyo

College of Human Resource and Development,

Jomo Kenyatta University of Agriculture and Technology

P. O. Box 62000, 00200 Nairobi, Kenya

Corresponding Author email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

 

Dr. Julius Miroga Bichanga

College of Human Resource and Development,

Jomo Kenyatta University of Agriculture and Technology

P. O. Box 62000, 00200 Nairobi, Kenya.

 

CITATION: Kimaiyo, P., C., & Bichanga, J., M. (2018). Effects of Procurement Risk Management Practices On Organizational Performance in The Kenyan Energy Sector. International Journal of Human Resources and Procurement. Vol 7 (4) pp 39 – 63.

ABSTRACT

Procurement practices integrate various firms’ operations and support functions, synchronizing production with new orders, purchasing with demand, scheduling and shipping with customer requirements. The procurement function in Kenya still faces challenges including poor implementation, non-compliance to procurement regulations, delays, untrained personal and inability to deliver the goods to the designated organizations. These procurement challenges have greatly affected the performance of organization, creating the need to correct such issues so as to improve organizational performance. The main objective is to assess the effects of procurement risk management practices on organizational performance in the Kenyan energy sector. The specific objectives include: To determine the effect of documentation on organizational performance in the Kenyan energy sector; To assess the effect of the supply chain framework on organizational performance in the Kenyan energy sector; To find out the impact of regulatory framework on organizational performance in the Kenyan energy sector and to determine the effect of separation of duties on organizational performance in the Kenyan energy sector. The study adopted descriptive research design and the Target population was 440 in the energy and petroleum firms listed at NSE. Stratified sampling was be adopted to obtain the sample size which was 209 staffs from energy companies listed at the NSE in Kenya. The study used Slovin`s formula:n=N/(1+N(e)² ) in sampling. Primary data was collected using a semi-structured questionnaire and the data was analyzed using descriptive statistics and inferential statistics was also be computed with the aid of regression analysis. Secondary data was collected using data collection sheet. The study findings was presented in frequency distribution table, pie charts, figures and graphs. Statistical Package Social Science and Descriptive statistics tool was used in analyzing the qualitative and quantitative data that was presented through pie charts, table and descriptive notes. Multiple regression model was used to show the relationship between the dependent and independent. A good response rate of 80% was realized. It was established that most of the firm’s risk management practices have positive impact on organizational performance. The study further adopted a regression analysis to determine the relationship between the variables at 5% confidence level of significance. The study findings showed that the four variables had a significant influence on organizational performance. The study recommended that a similar research should be conducted with an aim at investigating the effects of risk management practices on organizational performance with other variables or of other firms in other sectors, including the service industry in the Kenyan market. The study indicated that there has been limited amount of research on effects of risks management practices on organizational performance of energy firms listed in Nairobi stock exchange Kenya. Thus, the findings of this study serve as a basis for future studies on risk management practices. The inventory management practices and organizational performance of energy firms listed in Nairobi stock exchange in Kenya, has not been widely studied which presents gaps in African and Kenyan contexts.

 

 

Key words: Documentation, Supply Chain Framework, Regulatory Framework, Separation of Duties, Organizational performance

 

 

Full Text PDF Format

 

 
Banner
Publication Disclaimer: The accountability of the article published in IJSSE journals is entirely of the author(s) concerned and not of the publisher/editor. The view expressed in the articles of any IJSSE journal is those of the contributors, and it does not essentially correspond to the views of the publisher/editor. It is responsibility of the authors to seek copyright clearance for any part of the content of the articles. The publisher/editor of IJSSE journals is not liable for errors or any consequences arising from the exercise of information contained in it.
Free counters!
IJSSE - International Journal of Social Sciences and Entrepreneurship | Copyright 2013 | All Rights Reserved  <