Suppliers’ Rationalization And Lean Procurement Implementation
Abstract
This research intended to establish the effects of rationalization of suppliers in the implementation of lean procurement. To conduct a credible study, the researcher used descriptive research method. The researcher used a structured questionnaire to collect quantitative data. Generally, the research study was conducted from seventy-five respondents out of the targeted ninety respondents across six departments of the company BAT-K. This represented 83.3%. of the respondents. Data collected was classified, tabulated and clearly illustrated by the use of tables and figures. From the basis of comparative analysis, the researcher was in a position to analyze the effects of lean procurement practices. The researcher concluded that lean procurement practice is to work with few and reliable suppliers that offer a wide range of components by reducing the supplier base and increased attention and resources to the remaining suppliers. The study recommends that organizations need to adopt lean procurement practice through supplier rationalization.
Keywords: Suppliers; Suppliers’ Rationalization; Procurement; Lean Procurement; Implementation.
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DOI: http://dx.doi.org/10.52155/ijpsat.v48.1.6859
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