Gauging parameters for e-procurement acquisition in construction businesses in Nigeria
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Abstract
Description
e-Procurement tools build on traditional methods of procurement by integrating the
processes and people involved in construction businesses through Internet-supported
information and communication technologies. In spite of how crucial these tools are
there is a need to for strategic management decision making before they are procured
and used because of the cost and technical implications involved. The study examined
the gauging parameters for e-procurement acquisition in the construction businesses by
firms and organisations in Nigeria. The study utilized a survey approach of actual users
of e-procurement tools and technologies in the Nigerian construction industry. A total of
759 actual users were identified from several cities in the study area. Data obtained
were analyzed in stacked bars, frequencies and categorical regression. The study
presented the significant gauging parameters that can influence e-procurement
technology acquisition. They include staff strength of the construction business,
presence of quality internet facilities, security level and validation capacity of eprocurement
transactions, supportive policy and legislative framework in e-procurement
usage and computer literacy level of construction stakeholders participating in an eprocurement
environment. In conclusion, the study developed a framework to guide
construction businesses in e-procurement technology acquisition. Every construction
organization should have unique metrics for measuring and predicting technology
acquisition in order to avoid obsolescence and waste of scarce resources. There is a
need for supportive policies and legislative frameworks that encourage e-procurement
usage among construction stakeholders in the different countries.
Keywords
NA Architecture, TH Building construction