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FACTORS INFLUENCING THE EFFECTIVENESS OF PROCUREMENT

PROCESS IN THE PUBLIC SECTOR, THE CASE OF YOUTH ENTERPRISE

DEVELOPMENT FUND


Geoffrey Okongo Nyachogo

Jomo Kenyatta University of Agriculture and Technology.

 


CITATION: Nyachogo, G. O. (2016). factors influencing the effectiveness of procurement process in the public sector, the case of youth enterprise development fund, International Journal of Social Sciences and Entrepreneurship, Vol 5 (5), 201-224.


ABSTRACT


The effectiveness of an organization’s procurement function is dependent on the process, laws and policies that have been laid down to govern its operations. Most organizations executive management has realized that managing procurement must emerge as a critical core competency if organizations are to sustain themselves effectively. Procurement plays a very vital role in Economic growth and Development of any institution if well managed. The Youth Enterprise Development Fund (YEDF) was established by the government of Kenya in 2006 to provide a lending facility to the youth, with low interest rate and flexible collaterals, with an aim of supporting youth-owned enterprises and to enable other youths to start micro and small enterprises (Ministry of Youth Affairs and Sports 2009). A sample of 60 employees was selected to be used in the study using stratified random sampling. Data was collected by the use of questionnaires. Out of the 60 selected only 53 returned the questionnaires. The responses in the questionnaire were tabulated, coded and processed by the use of computer Statistical Package for Social Scientists. The study found out that there was a relationship between ethics and effectiveness of the procurement process. The study also found out that employees were not adequately trained and qualified but had the urge attend trainings and get academic qualifications. Also the study found a positive relationship between records management and effectiveness in procurement management

Key Words: Procurement Process, Public Sector, Youth Enterprise Development Fund, Employee Training

 

 

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