Procurement-process optimization: A quantitative assessment of alternative procurement strategies.

Calapre, G. O., & Paspasan, R. M. (2024). Procurement-process optimization: A quantitative assessment of alternative procurement strategies. International Journal of Research and Innovation in Social Science, 8(11), 1326–1340. https://doi.org/10.47772/IJRISS.2024.8110106

This quantitative research paper evaluates various alternative strategies designed to optimize the organizational procurement process. Through rigorous statistical analysis, the authors assess the efficacy of different purchasing methodologies in reducing costs, minimizing lead times, and enhancing overall operational productivity. The study establishes a comparative framework to measure performance metrics across diverse procurement environments, identifying the most effective approaches for resource allocation and supplier management. By highlighting data-driven decision-making, the findings provide actionable insights for organizations seeking to streamline their acquisition workflows. This assessment ultimately serves as a valuable resource for academics, procurement practitioners, and business analysts focused on implementing efficient, evidence-based improvements in supply chain and procurement management.