INFLUENCE OF GLOBAL SOURCING FACTORS AND PERFORMANCE OF PUBLISHING FIRMS IN KENYA: A CASE OF LONGHORN PUBLISHERS LIMITED
Abstract
The main objective of this study was to investigate factors in global sourcing affecting performance of publishing firms in Kenya. The target population was Longhorn Publishers Limited with a workforce of 112 employees. The study adopted stratified sampling method to select the 53 employees as sample size. Structured questionnaires containing both open ended and closed ended questions were used to collect primary data. 47 questionnaires were filled and returned for analysis. The study employed Analysis of Variance (ANOVA), correlation and regression analysis as methods of analysis. The study concluded that; company finance and Information Technology had positive influence on performance of publishing firms in Kenya. Based on the findings, the study recommended that the management of publishing firms should ensure that there is adequate company finance that supports organizational performance as resources needed to achieve set targets may not be procured if funds are not adequate. There is need for management to adopt proper Information Technology that provides feedback on the performance of the company and helps in determining corrective actions to be taken.
Key Words: Company Finances, Information Technology, Global Sourcing, Publishing Firms in Kenya
Full Text:
PDFReferences
Arbnor, I., & Bjerke, B. (2009). Methodology for creating business knowledge. International Journal of Purchasing amd Materials Management, 9-12.
Auramo, A. (2009). Operations Management. New York: Free Press.
Basson, C. (2006). Pilot testing in research. Research Methodology. New York: The Free Press.
Batson, R. (2011). Supplier Cost Evaluation: Estimating the excess costs of purchased components. Journal of quality management, vol.18, 46-59.
Birou, S. (2013). Globalization and its challenges. The American Economic Review, pp. 1-30.
Bob, H. (2010). International Transportation. In Cost and Service performance (pp. 30-34). New Jersey: Prentice Hall.
Boyce, C & Thomas, N. (2009). ''Benefits and challenges of global sourcing. In International Marketing Review, 18(5) (pp. 542-561). New Delphi: Prentice Hall.
Bradley, P., Gooley, J., & Cooke, J. (2007). Going up the traffic world. In Global Sourcing in International Trade (pp. 30-48). London: McGraw-Hill.
Cai, D. (2009). Improving supply chain performance management: A systematic approach to analyzing KPI's accomplishment. In Decision Support Systems (pp. 46-52).
Choy, C., Alfnes, E., Strandhen, J., & Thomassen, M. (2013). Global Supply Chain Control Systems: Aconceptual framework for the global control centre. Journal of Production Planning and Control,20(2), 147-157.
Christopher, M., Mena, C., Khan, O., & Yurt, O. (2011). Approaches to managing global sourcing risk. International Journal of Supply Chain Management, vol.16, 67-81.
CIPS. (2012). Supply Chain Managementin Purchasing and Supplies Management. London: Prentice Hall.
Cook, T. (2006). Global Sourcing Logistics. In How to manage risk and gain competitive advantage in a worldwide marketplace (pp. 20-35). New York: Free Press.
Cooper, D. (2008). Business Research Methods. London : McGraw Hill.
Cooper, D. (2008). Business Research Methods. London: McGraw-Hill.
Cooper, R., & Schindler, D. (2006). Social Science Research Methods, 2nd Edition. London: McGraw-Hill.
Cortina, A. (2008). Cronbach alpha: An examination of theory and applications. Journal of Applied Psychology,vol. 78, 98-114.
David, B. (2006). Regression analysis application. Repression sensitization as a dimension of personality. New York: Free Press.
David, K. (2011). Resources as competitve advantage: Strategic Inventory Management, 12th edition. Jarkata: Salemba Empta Inc.
De Meyer, A., Loch, C., & Pich, M. (2012). Managing project uncertainity. International Journal of Managing Projects in Businesses,vol, 2, 60-67.
Dreyer, K. (2009). Information Technology systems Integration: Supply Chain Management. London: Prentice Hall.
Eroglu, C. (2011). Application of global sourcing on performance of logistics firms. Journal of Operations Management,20(4), 356-369.
Farrington, N. (2008). Strategic Supply Chain Management. London : Prentice Hall.
Floricel, S., & Miller, R. (2007). Strategizing for anticipated risks and turbulence in large scale engineering projects. International Journal of Project Management, 44-56.
Gadde, L. (2014). The changing role of purchasing: Reconsidering three strategic issues. European Journal of Purchasing and Supply Management,vol. 3, 27-35.
Gadde, L., Hakansson, H., & Persson, G. (2010). Supply Network Strategies. London: Prentice Hall.
Gelderman, R., & Semeijn, R. (2012). Multiple or single sourcing? The journal of Business and Industrial Marketing,vol. 7, 35-45.
Genus, A. (2007). Unstructuring incompetence: Problems of contracting, trust and the development of the channel tunnel. In Technology Analysis and Strategic Management (pp. 419-436). New York: Free Press.
George, L & Harris, C. (2009). The Essence of Global Sourcing. Cambridge: MA.
Ghauri, J. (2007). Measurement of validity and reliability in research. London: Oxford Press.
Gunasekaran, K. (2007). Performance measures and metrics in logistics and supply chain management: A review of recent literature for research and application. International Journal of Production Research, vol.2, 28-40.
Hamel, A., & Pralahad, R. (2014). The use of well defined processes features in Purchasing and Supply Management. Journal of Supply Chain Management,vol. 4, 4-18.
Harris, M. (2012). Global sourcing and companies. A Publication of Public Procurement Oversight Authority,vol. 6. No. 4, pp. 36-58.
Hartmann, A. (2009). Problems in cross-fuctional sourcing decision processes. Journal of Purchasing and Supply Management,vol.4, 87-99.
Hitt, J. (2011). Competitiveness and globalization concepts: Strategic Management. USA: South Western Cengage Learning.
Huber, D. (2008). ''Sample size in research''. Research Methodology. New York: The Free Press.
Huberman, N. (2006). Quantitative data analysis. In An expanded source book, 2nd edition (pp. 20-22). London : Prentice Hall.
International Chamber of Commerce Kenya. (2014). Does sourcing abroad add value? In International Chamber of Commerce,vol. 2 (pp. 23-35). London: McGraw-Hill.
Jassawalla, A., & Sashittal, H. (2009). Building collaborative cross-functional new product teams. In Academy of Management Executive,vol.13 (pp. 50-63). New Delphi: Wishwa Prakashan.
Joram, M. (2014). The emergence of global sourcing . Journal of Business Inquest,vol. 30, 97-99.
Kent, D. (2012). Trying to keep up with globalization and its effects on supply chain management. New York: Free Press.
Kenya Copyright Board. (2014). Publishing industry in Kenya:So far and where we are. Copyright News Journal, vol. 47.No. 5, 67-74.
Kotabe, M. (2013). Efficiency vs. effectiveness orientation of global sourcing strategy. In The Academy of Management Executive (pp. 107-119).
Kothari, C. (2012). ''Sampling techniques'' methods and techniques. Research Methodology. New Jersey: Pearson.
Koumanakos, M. (2008). Organizational processes and performance of SMEs- empirical analysis. International review of business papers, vol.3.No.21, 21- 38.
Kuncoro, M. (2006). Competitive advantage in Informtion Technology: Strategic Management. Jakarta: Salemba Empta Inc.
Longhorn Kenya. (2015). Supply chain audit results and recommendations: Audit report on performance of Longhorn Publishers Limited.
Loppacher, M. (2010). Key factors in global supply headquarters-subsidiary control systems. Journal of Manufacturing and Technology Management, 794-814.
Lysons, N. (2006). Purchasing and Supply Chain Management. London: Prentice Hall.
Mirriam, M. (2012). Global sourcing and the tides. Journal of Business Management,vol.2. No. 12, 230-242.
Monczka, R., & Trent, R. (2010). Getting on track to better global sourcing. Supply Chain Management Review, 1-46.
Mugenda, O., & Mugenda, A. (2003). Research Methods: Quantitative and qualitative approaches. Nairobi: Free Act Press.
Nasuirma, N. (2000). Survey sampling theory and methods. Nairobi: University of Nairobi Press.
Neely, K. (2007). Performance measurement system design. International Journal of Operations and Productions, 80-116.
Ogbo, N. (2011). Operations Management. In Trends in Performance of African Countries (pp. 20-24). London: Prentice Hall.
Pett, T. (2010). Global Sourcing Logistics. In How to manage risk and gain competitve advantage in a worldwide marketplace (pp. 14-26).
Polit, N. (2006). Research Methodology Techniques. London: Prentice Hall.
Rajeev, J. (2010). International management performance in manufacturing firms. International Journal of Industrial Engineering and Management, vol.4.No. 2, 542-560.
Roger, K. (2006). Data collection instruments: Research Methodology. London: Prentice Hall.
Roumiantsev, V. (2008). Global sourcing and performance of convenience stores- an empirical analysis. International review of business papers,vol.3, 279-300.
Salleh, L., & Mohammed, A. (2011). Strategic Purchasing: Ahistory and review of the literature. International Journal of Purchasing and Materials Management, 9-18.
Scholes, N. (2006). Purchasing and Supply Chain Management. London: Prentice Hall.
Shepherd, N. (2006). Measuring supply chain: General research and future directions. International Journal of Productivity and port management,vol.11, 242-58.
Spear, K. (2010). Global Sourcing: Strategic Purchasing and Supply Management. London: McGraw-Hill.
Sulastri, M. (2006). Resource Based View Theory of the firm: Strategic diversification. Journal of Business and Economics Management, 4-7.
Swmidass, R. (2014). Using the analytic hierarchy process to structure the suplier selection procedure. International Journal of Purchasing and Materials Management, 31-36.
Ting, J., & Cho, J. (2013). Benefits and challenges of global sourcing: Perceptions of US apparel retail firms. International Marketing Review, 542-561.
Wadhwa, N. (2010). Effects of Information Technology transparency and cooperation on supply chain performance. International Journal of Production Research, 48(1), 145-166.
William, K. (2012). Essentials of Marketing Research. London: Cengage Learning.
Williamson, O. (2009). transaction Cost Economics: The governance of Contractual Relations. Journal of Law and Economics, vol. 4.No. 14, 30-69.
DOI: http://dx.doi.org/10.61426/sjbcm.v3i4.346
Refbacks
- There are currently no refbacks.
This work is licensed under a Creative Commons Attribution 3.0 License.
PAST ISSUES:
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.