Organizational Efficiency as an Instrument of Improving Strategic Procurement in West Africa through Lean Supply Management

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@article{1706399,
      author = {Simon Attah Lawrence, Munashe Naphtali Mupa},
      title = {Organizational Efficiency as an Instrument of Improving Strategic Procurement in West Africa through Lean Supply Management},
      journal = {Iconic Research And Engineering Journals},
      year = {2024},
      volume = {8},
      number = {4},
      pages = {262-285},
      issn = {2456-8880},
      url = {https://www.irejournals.com/formatedpaper/1706399.pdf},
      abstract = {This article explores the crucial connection between organizational efficiency and strategic procurement, with a specific focus on the West African context. It examines how lean supply management principles can enhance procurement processes by reducing waste, improving supplier relationships, and fostering operational efficiency. Through a detailed analysis of challenges such as cultural resistance, infrastructure limitations, and economic and political instability, the article highlights the obstacles that organizations in West Africa face in achieving procurement success. Case studies of companies that have successfully navigated these challenges demonstrate the potential for strategic procurement to drive significant improvements in supply chain performance. The article also emphasizes the importance of adopting advanced technologies, such as AI, blockchain, and data analytics, to bridge the gap between organizational efficiency and procurement effectiveness. Additionally, it underscores the need for continuous learning and development programs for procurement professionals, as well as the value of collaboration with industry associations and leveraging regional trade agreements. Looking forward, the article presents an optimistic outlook on the future of procurement in West Africa, with a focus on the potential of lean supply management to drive further improvements. It concludes with a call to action for companies to invest in organizational efficiency and lean procurement practices, positioning themselves for long-term success in the region's evolving market.},
      month = {October},
  }