EFFECT OF SUPPLIER CONTRACT MANAGEMENT ON PERFORMANCE OF STATE CORPORATIONS IN KENYA
Abstract
The primary goal of the study was to examining the Influence of Supplier Contract Management and Performance of State corporations in Kenya.The review was instructed by the following unique objectives: To determine the influence of Contract Risk Assessment as well as to evaluate the outcome of Contract Performance Review on Performance of State corporations in Kenya. The study adopted the descriptive research design. The research covered (219) parastatals where respondents from; procurement officers, legal officers and finance officers making a total target population of 657 officers was selected. Stratified random sampling method was applied, since the population in different state corporations is considered heterogeneous. Sample size was determined by computing 30% of each stratum or sub groups. Data was compiled, sorted, classified and entered into the computer analysis using the Statistical Package for Social Scientists (SPSS) version 24. The study adopted one way analysis of variance (ANOVA) as a technique for data analysis as well as correlation analysis to test the relationships between the variables. The data was analyzed through the use of descriptive and inferential statistics. The study concluded that the use of Contract Risk Assesment have a significant influence on Supplier Contract Management on Performance of State Corporations in Kenya. The use of Contract Performance Review has a significant influence on Performance of State Corporations in Kenya. The study recommended that more emphasis be put on collection of information and monitoring supply contracts using computers for ease of access to information and for transparency purposes. Risk mitigating measures should be put in place to arrest procurement contrcting at an early stage.
Key Words: Contract Risk Assessment, Contract Performance Review, Performance
CITATION: Onyango, B. A., & Ndeto, C. (2021). Effect of supplier contract management on performance of state corporations in Kenya. The Strategic Journal of Business & Change Management, 8 (1), 277 – 288.
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DOI: http://dx.doi.org/10.61426/sjbcm.v8i1.1913
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