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The Significance Of International Purchasing On The Organization Productivity
[A CASE STUDY OF DOYIN INVESTMENT COMPANY] -
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2.3 EMPIRICAL REVIEW
In international sourcing, the most influential model is advanced by Minczka (2013) who defined five stages of development (1) domestic purchasing only (2) international purchasing based on need (3) international purchasing as part of a sourcing strategy (4) integration and coordination of international sourcing strategies across worldwide buying locations and (5) integration and coordination of international sourcing strategies with other functional groups of needs frameworks are still common today and are, for instance, used in order to analyze the difference in the perception of success drivers at different stages of international purchasing (e.g. Muahmmed et al, 2013) and for analyzing the development of supplier relationships.
The contextual or environment factors identified by Glock and Hochrein (2013) in some extent be influenced by a company’s strategic choices. For instance, if a company choose to operate in a certain country, this country’s environment is realized by this location choice: “the business environment is also selected when it (the firm) decides to sources parts from that supplierâ€.
(Deane et al, 2013). Hence, it is not about creating a fit between structure and non-influenceable environment, but to appropriately influence contextual factors by making the right strategic choices in further conceptualizing strategic options from a sourcing perspective.
Quinten et al (2013) described the characteristics of having a successfully sourcing in the global market, these characteristics are described in different terms, for instance, regarding a product’s specificity, technology, critically/uncertainty and costs.
2.4 GAP IN LITERATURE
There are many directions for future research, while much progress has been made in the field, theoretical implications and essential insights for practitioners still lacking. However, we cannot identify a true focus on my single theory to be applied to international purchasing studies, the use of business paradigms, as called for by Quintens et al (2012) is still scarce the situation can be characterized by various theoretical streams, most cited is the resource based view, including dynamic capabilities. Followed by the contingency and cluster approaches. Other prominent theories are transaction cost and network thinking. Still, our review leads us to conclude that theoretical under pining are not satisfactorily applied to the research.
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ABSRACT - [ Total Page(s): 1 ]Abstract coming here soon .... continue to other pages ... Continue reading---
APPENDIX A - [ Total Page(s): 1 ]APPENDIX Kwara State Polytechnic Department of Purchasing and Supply, Institute of Finance and Management Studies, ... Continue reading---
QUESTIONNAIRE - [ Total Page(s): 1 ]QUESTIONNAIRESECTION A1. Sex: Male ( ) Female ( )2. Age: 20-30years ( ) 31-40yrears ( ) 41 above ( )3. Marital Status: Single ( ) Married ( ) Divorce ( )4. Education Qualification: OND ( ) HND ( ) BSC ( ) MSC ( ) 5. How long have you been in this department: 1-5years ( ) 6-10years ( ) 11-15years ( ) Above 15years ( )SECTION B1. Do you have a procureme ... Continue reading---
CHAPTER ONE - [ Total Page(s): 5 ]The importance of purchasing function in the organization is also underlined by the increased amount of resources invested by companies in the purchasing process and as well as by the time allocated to strategic purchasing. It is already acknowledged that the goods and services purchased by companies have a key influence on costs, productivity and quality level. Therefore, the sources of supply and the amount of time and money invested in the purchasing process have a capital influ ... Continue reading---
CHAPTER THREE - [ Total Page(s): 1 ]CHAPTER THREEMETHODOLOGY3.1 INTRODUCTION This is the systematic approach employed by the researcher in the process of collecting, analyzing, presenting and interpreting data. This chapter will gives an emphasis on the research method used, sources of data, data collection tools, research population and sample size, sampling procedure employed and statistical techniques used in data analysis. 3.2 RESEARCH METHOD USED The method adopted in the course of this study is description ... Continue reading---
CHAPTER FOUR - [ Total Page(s): 15 ]We reject the null hypothesis (H0) at X2C = 16 and accepted the alternative hypothesis (H1) at X2C = 24.2, the conclusion is that the significance of international buying procedure and documentation for organizational performance is very important in the organization. ... Continue reading---
CHAPTER FIVE - [ Total Page(s): 1 ]CHPTER FIVESUMMARY, CONCLUSION AND RECOMMENDATIONS5.1 SUMMARY OF FINDINGS From the research findings international purchasing is an activities which involves sourcing and obtaining needs or requirement from foreign country for use in another country. Among the reasons for purchasing from abroad includes lower cost, favourable exchange rates, consistent quality, faster delivery and availability on domestic market have been identified. In regards to barriers, the research recognized ri ... Continue reading---
REFRENCES - [ Total Page(s): 1 ]REFERENCESBoer, L.E, Labro & Morlacchi, P. (2007). A review of methods supportive supplier section. Martin, C. (2008). Logistics and supply chain management: creating value-adding networks. Pearson Education. Peter, M.E & Kramer, M.R. (2006). The link between competitive advantage and corporate social responsibility. Harvard Business Review. Seling, G.J, Lefave, R. & Bullen (2006). Implementing strategic sourcing: A manager’s guide to world class best practices. Van Haren Publishing. Skjo ... Continue reading---
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ABSRACT - [ Total Page(s): 1 ]Abstract coming here soon .... continue to other pages ... Continue reading---