Influence of Supplier Management on Organizational Performance of New KCC Limited in Kenya
Keywords:
Suppler management, organizational performance, New KCC LimitedAbstract
The purpose of the study was to determine the influence of supplier management on organizational performance of New KCC Limited in Kenya. An explanatory research design was used in the study. 110 members of the new KCC management team were included in the target population. Because of the limited population, the study employed the census approach. Primary data was gathered using a questionnaire. Delivering the questionnaire, the researcher had two study partners help. The drop-and-pick method was then used. To increase the number of responses, surveys were also disseminated by email. Both descriptive and inferential statistics were used to analyze the data. The research findings were calculated and analyzed using SPSS Version 22 (Statistical Package for the Social Sciences). Diagrams and tables were used to display the results. From the results, it was observed that there is a positive and also significant correlation between supplier management and organizational performance. Regression analysis results also revealed a positive and significant relationship between supplier management and organizational performance. The study made suggestions that firms in Kenya should adopt this supplier management strategy. The study also made recommendations that policymakers in government should formulate policies that will address the negative effect of the firms' operating environment on the effect of TQM strategies on organizational performance.
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