PROCUREMENT PERFORMANCE MEASUREMENT IN COMMERCIAL BANKS IN KENYA
Purpose: The purpose of the study was to procurement performance measurement in commercial banks in Kenya.Methodology: The study used descriptive survey design with all the commercial banks operating in Kenya as the units analysis. The study used primary data which was collected through use of questionnaires with respondents as the procurement managers in the 43 commercial banks. The data collected was analyzed using descriptive statistics and inferential statistics.Results: The results indicated that procurement performance measurements in banks are adequate. ANOVA statistics presented indicate that the overall model was statistically significant. There is a positive relationship between procurement performance measurement and internal processes, staff training, ethics and culture which through regression analysis had beta coefficients.Unique contribution to theory, practice and policy: Procurement professionals should make recommendations of improving the training curriculum of procurement professionals in order to capture the important findings of the study. This will enable the inclusion of issues related to ethics and integrity into the syllabus.