The Impact of Supplier Selection and Monitoring on the Effectiveness of Public Procurement in Ghana: Cost Reduction Point of View

The aim of this study is to examine the role supplier selection and monitoring on effectiveness public procurement in terms cost reduction Ghana. Procurement as an element performance management can contribute achieving Value for Money by reducing administrative overhead costs directing resources support more complex processes. adds value costs, without compromise quality, product failures, assuring operational efficiency enable better quality any additional with achieve best objectives, output at a reduced supply chain. This provides practitioners insights into selecting proper suppliers embracing reduction. examines effects measure Ghanaian context. Consequently, it empirical evidence practices A structured questionnaire was used collect cross-sectional survey data from 170 procuring entities Structural equation modelling (SEM) analyse collected data.