Examining the impact of sustainable procurement practices on organizational performance a case of Ekumfi juice factory

Abstract

Procurement plays an important part in sustainability since policies and practices must extend beyond the borders of organizations to include their whole supply chains. Recommendations on sustainability urge procurement professionals to make decisions that include the Triple Bottom Line's environmental, economic, and social aspects (TBL). For many organizations, sustainable procurement is once again becoming a concern not least because an increasing number of companies see the value of good environmental practices in improving their public image. The study aimed to assess the relationship between sustainable procurement on organizational performance. Purposive sampling technique was used to gather data from 115 employees of the Ekumfi Juice Factory. Regression analysis was used to test the study model. It was observed that socially sustainable procurement has significant positive effect on organizational performance. Similarly, environmentally sustainable procurement also had a significant positive effect on organizational performance among firms in Ghana. Finally, the study found that environmentally and socially sustainable procurement do not jointly and significantly drive organizational performance, at least in the short term. The study recommends that management of firms in Ghana should endeavor to deepen sustainable procurement-oriented culture in Ghana.