Analysis Of Factors Influencing Implementation Of Procurement Strategy Among Regulatory Parastatals In Nairobi County

ABSTRACT

Today‟s organizational environment has become very competitive, increasingly uncertain and fast changing and hence, organizations need to plan and be flexible enough to accommodate the ever-changing environment. Due to that constant change, organizations need to adapt so as to strategically exploit emerging opportunities to ensure survival and success. Procurement strategy implementation is a process of implementing policies, programs and action plans that allows a firm to utilize its resources to take advantage of opportunities in the competitive environment. The implementation of procurement strategy in the regulatory parastatals depends on various factors which include; funds, organization structure, interests of members and communication. The main purpose of this study was to determine the factors influencing implementation of procurement strategies among regulatory parastatals in Nairobi County, Kenya. Specifically, the study focused on the extent to which managerial competence affect procurement strategy implementation; the extent to which resource allocation affects procurement strategies implementation; the extent to which organizational structure affects procurement strategies implementation; and analyzed the extent to which information communication technology affect procurement strategies implementation in regulatory parastatals in Nairobi County, Kenya. This study will be significant to the management regulatory parastatals in Nairobi County. The study will assist them formulate and design appropriate mechanisms to identify and overcome challenges in implementing procurement strategies so as to achieve the set goals, objectives and remain relevant in the ever-changing environment and position the regulatory parastatals strategically for success in the future. This study adopted descriptive research design and targeted 103employees of regulatory parastatals in Nairobi County, Kenya. The study was carried out through a census; questionnaires were used in data collection. Quantitative approaches were used for data analysis whereby Statistical Package for Social Sciences (SPSS version 23.0) was used to run descriptive and inferential statistics. The result indicated that, collectively Information communication technology has the highest positive influence on procurement strategy implementation, followed by resource allocation managerial competence, and organization structure. The findings suggested that, management in executive agencies should pay more attention on stakeholders and organizational culture if they have to benefit from those factors. The study concluded that, predictors individually and collectively influence execution of strategies. The findings are expected to be of value to the management and decision makers to form a basis for improving implementation of procurement strategy. Furthermore, studies can be done to other variables which influence implementation of procurement strategy but were not considered in this study or the same variables to different populations, locations and other sectors of economy in Kenya.