Impact of purchasing practices, supplier relationships and use of information technology on firm performance. Issue 1 (24th December 2020)

• Record Type: Journal Article
• Authors: Ambekar, Suhas Suresh; Deshmukh, Umesh; Hudnurkar, Manoj
• Is Part Of: International journal of innovation science. Volume 13:Issue 1(2021)
• Page Start: 118
• Page End: 130
• Publication Date: 2020-12-24
• Subjects: Supplier relationship -- Firm performance -- Information technology -- Purchasing practices; Creative thinking -- Periodicals; Creative ability -- Periodicals; Creative ability in business -- Periodicals; Creative ability in technology -- Periodicals; Technological innovations -- Periodicals; 153.35
• DOI: 10.1108/IJIS-10-2020-0182
• Languages: English
• ISSNs: 1757-2223

Abstract

Abstract : Purpose: The study aims to establish an impact of supplier relationship and information and communication technology through purchasing practices on firm performance. Design/methodology/approach: Review of relevant literature resulted in constructs, namely, supplier relationships, information and communication technology, purchasing practices and firm performance. A survey of 179 manufacturing companies through structured questionnaire was conducted. The responses were analysed through structural equation modelling using the partial least squares method. Findings: It is observed that the firm performance is directly influenced by purchasing practices and indirectly by supplier relationships and information technology. The use of information technology in materials management affects supplier relationships and purchasing practices both. Practical implications: The study provides a model for purchasing practitioners by highlighting the importance of supplier relationship management. Though the firms are running after improving technology, it can only affect firm performance through proper purchasing practices. Originality/value: The study provides empirical evidence to the practical notions that exist in purchasing practitioners.