final project 2.....docx - FACTORS INFLUENCING IMPLEMENTATION OF STRATEGIC PROCUREMENT IN GOVERNMENT PARASTATALS IN KENYA:A CASE OF KENYA POWER COMPANY

final project 2.....docx - FACTORS INFLUENCING...

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FACTORS INFLUENCING IMPLEMENTATION OF STRATEGIC PROCUREMENT IN GOVERNMENT PARASTATALS IN KENYA:A CASE OF KENYA POWER COMPANY LIMITED,MACHAKOS. BY NANCY ADHIAMBO ODUNDO A RESEARCH PROJECT SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENT FOR THE AWARD OF DIPLOMA IN PURCHASING AND SUPPLIES MANAGEMENT, KENYA INSTITUTE OF MANAGEMENT. AUGUST 2019
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DECLARATION Declaration by the Student This research study is my original work and has never been presented before to any other examination body. No part of this work should be reproduced without my consent or that of Kenya Institute of Management. Name………………………….……...Sign…….…………………Date…….…………… KIM/48942/18 Declaration by the Supervisor This research has been submitted for examination with my approval as the Kenya Institute of Management supervisor. Name………………………….……...Sign…….…………………Date…….…………… Lecturer Supervising For and on behalf of the Kenya Institute of Management Name………………………….……...Sign…….…………………Date…….…………… Branch Manager ii
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DEDICATION I wish to dedicate this project to my family members who have shown great concern towards the accomplishment of my course. Finally, to the Kenya Institute of Management and everybody who would undertake the same course in future. iii
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ACKNOWLEDGEMENTS. This project has been a long and strenuous process. It would not have been possible without friends and family to support me. I would like to thank my family, including my mother Lancer and my brother and sister Fred and Lilian who have been of great support to me throughout this process. Not forgetting my friends Martha and Winfred who always encouraged me. I would like to personally thank Mr. Nsenga, my supervisor Kenya Institute of Management. It has been of tremendous and unending assistance developing this project. And finally, I would also like to thank Kenya Institute of Management for giving me chance to carry out this research. iv
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ABSTRACT Strategic procurement is the process of creating alignment and consistency of action that establishes the long range objectives and overall strategy or course of action by which procurement function fulfills its mission. It entails the transformation of an organization’s mission, goals, and objectives into measurable activities to be used to plan budget and manage the procurement function. Strategic procurement can be approached from three main dimensions namely: Development and management of key suppliers, internal operation of procurement function and coordination of purchasing with other functions within the firm, and efforts to meet or exceed customer expectations. It is seen as one of the critical function of an organization with the potential to; save cost, improve operational efficiency, access to trusted suppliers, and improve in quality of product or service, sharing of best practices among others. The purpose of
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