Impact of procurement performance measurements on bank performance in Uganda

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Date
2019-10
Journal Title
Journal ISSN
Volume Title
Publisher
Kampala International University, College of Economics and Management
Abstract
The study sought to establish the effect of Procurement Performance measurement on Bank performance with specific reference to bank of Baroda. The study was guided by three specific objectives and these included; investigating the factors affecting procurement performance measurement at bank of Baroda, finding out whether procurement performance measurement affects performance of bank of Baroda and, establishing the relationship between Procurement performance measurement and performance of bank of Baroda. The study used descriptive survey design with the bank as the unit analysis. The study used primary data which was collected with the help of questionnaires and a target population of 43respondents formed the sample size. The data collected was analyzed using descriptive statistics and inferential statistics. The results indicated that procurement performance measurements in the bank are adequate. ANOVA statistics presented indicate that the overall model was statistically significant. There is a positive relationship between procurement performance measurement and internal processes, staff training, ethics and culture which through regression analysis had beta coefficients. The study recommends that procurement performance could be measured using both financial and non-financial measures to take care of the various items and the researcher concluded that the bank prepares budgets and reports on a frequent basis as a way of measuring and monitoring procurement performance while providing real-time procurement information allows the early detection of corruptive and fraudulent activities.
Description
A Research Report Submitted to the College of Economics and Management in Partial Fulfillment of the Requirements for the Award of a Bachelors’ Degree in Supply and Procurement Management of Kampala International University
Keywords
Bank of Baroda, Procurement performance measurements, Bank performance, Uganda
Citation