The Effects of Strategic Sourcing on Organizational Performance: The Case of Ethiopian Construction Works Corporation
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Date
2022-06
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Addis Ababa University
Abstract
The purpose of this research was to determine the impact of strategic sourcing on organizational performance at Ethiopian Construction Works Corporation. The study employed a descriptive research approach to fulfill the study's objectives. A census survey was used in the study to quantify the alleged link between the independent and dependent variables. Questionnaires were utilized as the official data gathering instrument. A total of 105 questionnaires were issued, with 93 being completed and returned, resulting in an 88.6% response rate. Descriptive statistics (Mean and standard deviation) and inferential statistics were used to examine the acquired data (correlation and regression). Finally, the study discovered that strategic sourcing (as assessed by supplier selection, buyer-supplier relationships, and contract management) and the organizational performance had a statistically significant positive link. Because the findings reveal a positive relationship between the independent factors and the dependent variable organization performance, the construction sector should study the variables studied. Independent variables explain and predict 43% of the variation in the dependent variable in this study.
Key words: strategic sourcing, and organization performance