Procurement process and financial performance: a systematic literature review

Purpose – The aim of this study was to identify the elements and practices under the responsibility of the Procurement process that can influence the financial performance of a company.Design/methodology/approach - A Systematic Literature Review (SLR) was conducted to identify the elements and pract...

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Published inGEPROS : Gestão da Produção, Operações e Sistemas Vol. 16; no. 3; p. 69
Main Authors Georgino, Mônica, Alcantara, Rosane Lucia Chicarelli, Albuquerque, Andrei Aparecido de
Format Journal Article
LanguageEnglish
Portuguese
Published Bauru Universidade Estadual Paulista - UNESP Bauru, Depto de Engenharia de Produção 23.09.2021
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Summary:Purpose – The aim of this study was to identify the elements and practices under the responsibility of the Procurement process that can influence the financial performance of a company.Design/methodology/approach - A Systematic Literature Review (SLR) was conducted to identify the elements and practices from the Procurement process and financial indicators.Findings - Twelve elements were identified (focusing on: Information technology and shared information and communications) and eight practices in the procurement process (focusing on: supplier relationship management and cost reduction), which contributes to the company's financial performance, mainly on the Profit and ROI financial indicators.Originality/value - This study presents an overview, a consolidated view of the literature on the current relationship between the procurement process and financial performance.Keywords – Procurement. Financial Performance. Systematic Literature Review. Elements. Practices. 
ISSN:1984-2430
1984-2430
DOI:10.15675/gepros.v16i3.2770