Procurement Management And Financial Performance Of Bank Of Baroda Kansanga Branch

Subscribe to access this work and thousands more


ABSTRACT

The purpose of this research was to examine the relationship between procurement management and financial performance of bank of Baroda. It was guided by three objectives, that included i)

examining the impact of procurement planning on bank financial performance; ii) analyzing the different procurement controls and how they influence bank performance; iii) the relationship

between procurement management and financial performance. The study comprised of a population of 70 respondents from which a sample size of 60 respondents were selected, and a

descriptive research design was used to collect data from 60 respondents using self-administered questionnaires and interview guide as the main data collection instruments. The impact of

procurement planning on bank financial performance was rated high, hence implying that procurement planning is one of the primary functions of procurement with a potential to

contribute to the success of Bank of Baroda operations and improved financial performance. the influence of procurement controls and how they influence bank performance was found to be low which implies that the effective procurement controls have no significant influence on the

financial success of Bank of Baroda Kansanga branch in meeting its revenue target performance levels, and the two variables are positive and significantly correlated (r-value=.395 and

sig=0.000). The researcher concluded that Bank of Baroda Kansanga branch highly practices procurement planning in all activities. Procurement planning should offer guidance for the

development of procurement documents in relation to financial performance and method selection, there is a positive significant relationship between procurement management and

financial performance in the Bank of Baroda Kansanga branch in Kampala Uganda. Recommendations based on findings were that; the Bank of Baroda Kansanga branch, should put

in place effective budget plans on all suppliers' records. In this procurement planning process. issues surrounding delivery dates, contract compliance, and customer service issues must be

resolved internally before going out to contract. Prospective researchers are encouraged to research on the following areas; Procurement methods and quality of procurement services in

Bank of Baroda Kansanga branch, procurement process and performance of Bank of Baroda Kansanga branch.



TABLE OF CONTENTS

DECLARATION ............................................................................................................................. i

APPROVAL ................................................................................................................................... ii

DEDICATION ............................................................................................................................... iii

LIST OF ACRONYMS ................................................................................................................. iv

ACKNOWLEDGEMENT·············································································································· V

TABLE OF CONTENTS ............................................................................................................... vi

ABSTRACT ................................................................................................................ ix

CHAPTER ONE ............................................................................................................. 1

1.0 Introduction ........................................................................................................................ I

1.1 Background of the study ........................................................................................................ I

1.2 Statement of the Problem .......................................................................................................... 3

1.3 General Objective; .................................................................................................................... 3

1.3.1 Specific Objectives; ............................................................................................................... 3

1.4 Research Questions ................................................................................................................... 4

1.5 Scope of the study ..................................................................................................................... 4

1.5.1 Geographical Scope ............................................................................................................... 4

1.5.2 Subject Scope ............................................................................................................ 4

1.5.3 Time Scope .......................................................................................................... 4

1.7 Significances of the Study ........................................................................................................ 5

1.8 Conceptual frame work ............................................................................................................. 6

CHAPTER TWO ............................................................................................................ 7

LITERATURE REVIEW ............................................................................................................ 7

2.0 Introduction ............................................................................................................ 7

2.1 Impact of procurement management on financial performance ............................................... 7

2.2 Different procurement controls and how they influence bank performance ............................ 9

2.2.1 Internal Controls .................................................................................................................... 9

2.2.2 Procurement audit .................................................. 10

vi

2.2.3 Procurement Manual and Procedures .................................................................................. I 0

2.2.4 Procurement Process and Management ............................................................................... 11

2.3 Relationship between Procurement Management and Financial Performance ....................... l l

CHAPTER THREE .................................................................................................................... 13

METHODOLOGY ..................................................................................................................... 13

3.0 Introduction ............................................................................................................... 13

3 .1 Research design ............................................................................................................ 13

3 .2 Study Area ............................................................................................................. 13

3.4 Sample Size .............................................................................................................. 14

3.5 Sampling Framework .............................................................................................................. 15

3.6 Sources of Data .......................................................................................................... 15

3 .6.1 Primary Data Source ............................................................................................................ 15

3 .6.2 Secondary data source .......................................................................................................... I 5

3.7 Data Collection methods ......................................................................................................... l 5

3.8 Validity and Reliability of the Instruments ............................................................................. l 6

3.8.1 Validity .......................................................................................................... 16

3.8.2 Reliability ........................................................................................................... 16

3.9 Data Analysis ........................................................................................................... 16

3.10 Measurement of variables ..................................................................................................... 17

3.12 Ethical considerations ........................................................................................................... 18

CHAPTER FOUR ....................................................................................................... 19

DATA PRESENTATION, ANALYSIS AND INTERPRETATION OF FINDINGS .......... 19

4.0 Introduction ....................................................................................................... 19

4.1 Profile of respondents ............................................................................................................. 19

CHAPTER FIVE ................................................................................................. 24

SUMMARY CONCLUSION AND DISCUSSION OF FINDINGS ....................................... 24

5.0 Introduction ................................................................................................ 24

5.1 Discussions ............................................................................................... 24

Subscribe to access this work and thousands more
Overall Rating

0

5 Star
(0)
4 Star
(0)
3 Star
(0)
2 Star
(0)
1 Star
(0)
APA

Research, S. (2022). Procurement Management And Financial Performance Of Bank Of Baroda Kansanga Branch. Afribary. Retrieved from https://afribary.com/works/procurement-management-and-financial-performance-of-bank-of-baroda-kansanga-branch

MLA 8th

Research, SSA "Procurement Management And Financial Performance Of Bank Of Baroda Kansanga Branch" Afribary. Afribary, 20 Aug. 2022, https://afribary.com/works/procurement-management-and-financial-performance-of-bank-of-baroda-kansanga-branch. Accessed 10 Dec. 2022.

MLA7

Research, SSA . "Procurement Management And Financial Performance Of Bank Of Baroda Kansanga Branch". Afribary, Afribary, 20 Aug. 2022. Web. 10 Dec. 2022. < https://afribary.com/works/procurement-management-and-financial-performance-of-bank-of-baroda-kansanga-branch >.

Chicago

Research, SSA . "Procurement Management And Financial Performance Of Bank Of Baroda Kansanga Branch" Afribary (2022). Accessed December 10, 2022. https://afribary.com/works/procurement-management-and-financial-performance-of-bank-of-baroda-kansanga-branch