Developing A Strategic Procurement

A strategic procurement process is vital for the success of firms in terms of procuring goods, services and works. However, procurement in various organisations are entangled with challenges which cause delays in the entire procurement process. This quantitative study was conducted in some building and civil construction firms in the Accra metropolis in the Greater Accra region with an aim of developing a strategic procurement process for private entities in the Ghana construction industry. The study was conducted using survey questionnaires. The structured questionnaires were used to obtain data to ascertain the challenges associated with procurement processes and measures to improve procurement processes. A total number of sixty questionnaires were administered and fifty were retrieved representing a response rate of 83.33%. Relative Importance Index rankings was the main tool used for analysis.