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This study attempted to establish the Adoption of Procurement Best Practices in the
Private Sectors. The objective was to investigate if private sectors recognize the
presence of both the procurement regulations and its authority and determine whether
they adhere to Best Procurement Practices and investigate its operational
performance.
The researcher selected Banking Industry as the case study whereby questionnaires,
interviews and direct observations were used in collecting data in Dar es Salaam
City. Dar es Salaam City was selected because it is where the Head offices of the
Banks are located. This is because almost all procurement functions are centralized
to Head offices of the respective Banks. Both probability and non - probability
sampling techniques were employed in selecting 25 respondents. Microsoft word was
employed to analyzing data and the study revealed the following.
Firstly, the findings revealed that majority of the supplies officers recruited for the
procurement activities in Banks are not procurement professionals. Generally, they
are accounting professionals, but they are given short courses to acquire the
necessary skills regarding procurement.
Secondly, it was revealed that, Top Management and other departmental heads do
interfere with the procurement process before the end. This is contrary to the
guidelines. But again it was revealed that the organization structure of Banks does
not have the Procurement Management Unit, hence technical advice is normally
requested from other departments such as marketing department, human resources,
information and communication technology.
Lastly, the study recommends to the Bank’s management to develop the Financial
Regulations that are comprehensible and deploy a big part of the sections from the
Public Procurement Act and should leave the procurement officers independent. |
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