The effect of sourcing strategies on supplier’s performance in the upstream oil and gas industry, Ghana

Dankwah, J. and Yamoah, Fred and Faizan, R. (2023) The effect of sourcing strategies on supplier’s performance in the upstream oil and gas industry, Ghana. In: Yamoah, Fred and ul Haque, A. (eds.) Corporate Management Ecosystem in Emerging Economies. Cham, Switzerland: Springer Nature Switzerland AG, pp. 25-41. ISBN 9783031415777.

Abstract

This quantitative study examined the oil and gas industry of Ghana. The aim is to investigate the effect of sourcing strategies (i.e., single sourcing, multiple sourcing, and partnership sourcing) on the supplier's performance. We combined purposive sampling technique and simple random sampling to shortlist and gather data from twenty oil and gas companies. The reliability and validity of the data was confirmed as first step. Exploratory Factor Analysis enabled in summarizing the data to establish relationships between factors and understanding their patterns. The correlation was confirmed between the sourcing strategies and supplier's performance. Moreover, the regression analysis also confirmed that procurement process plays vital role in ensuring the on-time delivery of goods

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