<p>Course: Bachelor Thesis in Business Administration, 15 ECTS</p><p> </p><p>Topic: The Impact of Strategic Purchasing on an Organization’s Profitability</p><p> A Case Study of Ghana Telecom Company </p><p> </p><p> </p><p>Supervisor: Mats Viimne</p><p>Background: The purchasing function contributes directly to the operating results and</p><p> profitability of an organization. It has been argued out that, the fact that</p><p> purchasing is responsible for spending more than 60 percent of an organization’s </p><p> sales dollars highlights the profit-enhancing potentials of the purchasing on an</p><p> organization.</p><p> </p><p> </p><p>Problem: How can strategic purchasing affect the profitability of an organization?</p><p> </p><p>Purpose: The purpose of this research is to describe how strategic purchasing impact on</p><p> the profitability of Ghana Telecom Company. </p><p> </p><p>Method: The author collected both primary and secondary data in order to fulfill the </p><p> purpose of the paper; the primary data was gathered directly from relevant sources</p><p> in Ghana Telecom Company, through telephone and email interviews. The</p><p> secondary data was obtained from indirect sources, such as textbooks, articles, and</p><p> websites. The method used can be described as a qualitative.</p><p> </p><p>Conclusion: An organization’s purchasing strategy is becoming recognized as a strategic weapon</p><p> equal in importance to its marketing, conversion and finance strategies as pointed</p><p> out by Dobler et al. Ghana Telecom Company’s strategic approach to buying include</p><p> multiple sourcing, short-term contracting and competitive bidding as a measure</p><p> towards increasing its profitability by being able to source at the lowest cost, and</p><p> having other sourcing alternatives, which leads to cost reduction.</p>
| Identifer | oai:union.ndltd.org:UPSALLA/oai:DiVA.org:mdh-1590 |
| Date | January 2008 |
| Creators | ASSIAMAH, ALBERT KOFI |
| Publisher | Mälardalen University, School of Sustainable Development of Society and Technology |
| Source Sets | DiVA Archive at Upsalla University |
| Language | English |
| Detected Language | English |
| Type | Student thesis, text |
Page generated in 0.0017 seconds