A Comparative Study on Sustainable Procurement Practices in Sisal Processing Firms in Nakuru County
International Journal of Economics, Finance and Management Sciences
Volume 3, Issue 5, October 2015, Pages: 453-459
Received: Aug. 5, 2015;
Accepted: Aug. 11, 2015;
Published: Sep. 17, 2015
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Muma Benard, Department of Accounting, Finance and Management Science, Egerton University, Nakuru, Kenya
Eunice Waruguru, Department of Accounting, Finance and Management Science, Egerton University, Nakuru, Kenya
Caroline Mundia, Department of Accounting, Finance and Management Science, Egerton University, Nakuru, Kenya
Sophie Kiruri, Department of Accounting, Finance and Management Science, Egerton University, Nakuru, Kenya
Sustainability in business operations continues to attract much attention in the business environment and so is among researchers. This is due to the benefits organizations enjoy when they achieve internal sustainability. While most organizations adopt sustainable business practices for various reasons; to improve performance and to be responsive to stakeholders’ demands, some organizations just adopt these strategies s a formality. In developing countries for instance, most organizations do not take a strategic approach to sustainability in internal business organizations. It is clear that studies need to be conducted on sustainability so that recommendations can be made to management of processing and manufacturing firms to enhance sustainability. This study sought to establish the level to which sisal processing firms in Nakuru County adopt sustainable procurement activities and further compare the level of adoption between the two major sisal processing firms in Nakuru County; Athinai Sisal Estate Lomolo (1962) Ltd. The study adopted a comparative study design and was guided by four objectives; To compare the level Supply Chain Efficiency between Athinai Sisal Estate and Lomolo (1962) Ltd., To compare Supply Chain Risk Management practices between Athinai Sisal Estate Lomolo (1962) Ltd., To compare attention to Stakeholder’s Expectation and Awareness between Athinai Sisal Estate Lomolo (1962) Ltd. And To compare Supply Chain Organizational Policy Commitment between Athinai Sisal Estate Lomolo (1962) Ltd. The study findings revealed that the two firms adopt similar sustainable procurement activities. However, Athinai Sisal Estate was found to adopt these practices at much higher level. The study recommended that the processing and manufacturing organizations build sustainability in the internal business operations and take a strategic approach to sustainability. Sustainability in operations should not be left functional areas. It should be management led and should be a cross the organization. The researchers suggested that further studies should be done on other sustainable business practices such as reverse logistics, just in time and green supply chain management as well as establish the role of these practices in operational and other aspects of organizational performance.
A Comparative Study on Sustainable Procurement Practices in Sisal Processing Firms in Nakuru County, International Journal of Economics, Finance and Management Sciences.
Vol. 3, No. 5,
2015, pp. 453-459.
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