Obtaining the best value for money through procurement planning: can procurement regulatory compliance intervene?

نویسندگان

چکیده

Purpose While empirical studies establish the importance of procurement planning in achieving value for money (VfM) procurement, there is scant evidence demonstrating a link between and regulatory compliance, thus VfM. As result, this study examined how compliance can be applied when practitioners Tanzania seek to maximize VfM through planning. Design/methodology/approach A cross-sectional research design was adopted from which data were collected once structured questionnaire. The structural equation modeling (SEM) Hayes' PROCESS macro test mediation analysis used analyze data. Findings Procurement has significant positive relationship with ( ß = 0.491, p < 0.001). 0.586, Results also show that predictor 0.257, 0.005). Furthermore, bootstrapping confidence intervals revealed significantly mediates procurement. Research limitations/implications Although able accomplish its overall objective, it limited terms geographical setting under conducted. Hence, generalization results should made caution as each country specific public laws regulations governing conduct activities sector. Originality/value contributes growing debate on activities. adds literature by establishing effect quest toward

برای دانلود باید عضویت طلایی داشته باشید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Can Procurement Affect Design Performance?

There is an emerging view in the construction industry that better performance or better value for money can be achieved by integrating teamwork for planning, design and construction of building projects. There are though, two opposing perspectives regarding how changes in traditional design practices should occur. Advocates of sustainable construction in North America posit that it is a matter...

متن کامل

Show Me the Money: Comparing the Business Value of Traditional and Electronic B2b Procurement Systems

With organizational investments in B2B e-commerce expected to soar, it is important for senior managers to develop a better understanding of the business value of such investments. We propose a model of B2B e-procurement technologies impacts, emphasizing their ability to enhance search, evaluation and selection when product prices are negotiated in advance and only product availability varies. ...

متن کامل

Annual timber procurement planning with bucking decisions

The problem we consider is a practical multiple-period wood procurement planning problem in the Eastern Canadian context. The forest cut blocks are large and heterogeneous; they have different densities and the diameter of the trees varies. This is a difficult forest management problem because it integrates two related problems: the forest bucking problem with a cut-to-length (CTL) bucking syst...

متن کامل

Efficiently Generating k-Best Solutions for Procurement Auctions

This paper considers the problem of generating k cheapest solutions to a class of procurement auction winner determination problems. A computationally efficient solution to this problem would enable a fundamentally new approach to decision support for procurement, based on “mining” the k cheapest solutions. However, previous methods do not scale in crucial problem-size parameters, e.g., the num...

متن کامل

Common-Value Procurement Auctions with Renegotiation

This note contains the equilibrium bid functions for two types of common-value procurement auctions: 1) a procurement auction in which bids represent an enforceable contract; 2) a procurement auction in which, upon learning the true cost of supplying the good, the winning bidder can renegotiate the contract with the buyer, and each bidder must submit a bond with their bid, which is returned at ...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: Journal of money and business

سال: 2022

ISSN: ['2634-260X', '2634-2596']

DOI: https://doi.org/10.1108/jmb-11-2021-0056