Impact of e-procurement adoption on the performance of SMEs in emerging economy

Ayodolapo Olajumoke Oshoma, Ibrahim Oluwole Raji and Afees Yusuf

International Journal of Procurement Management, 2024, vol. 21, issue 4, 440-466

Abstract: E-procurement is an effective approach to improving firms' business operations and processes. While to a considerable extent, larger business organisations have embraced the technology, its adoption and impact among small and medium enterprises (SMEs) in developing economies like Nigeria remain unclear. This study investigates the adoption and impact of e-procurement among SMEs in Nigeria, specifically examining e-ordering, e-invoicing, e-sourcing, and e-payment. Using a quantitative research design, data was collected from 150 managers of SMEs, and structural equation modelling (SEM-PLS) was used for data analysis. Results indicate a positive relationship between e-procurement adoption and the business performance of SMEs in terms of procurement operations. The ease of use of e-procurement systems also positively affects SME performance. The adoption of specific e-procurement practices, such as e-ordering, e-invoicing, e-sourcing, and e-payment, is associated with improved SME performance. This study underscores the importance of e-procurement adoption for enhancing SME performance. Findings suggest that managers and stakeholders should consider adopting e-procurement practices to improve their business operations.

Keywords: e-procurement; e-procurement practices; e-ordering; e-invoicing; e-sourcing; e-payment; SMEs. (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.inderscience.com/link.php?id=142788 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijpman:v:21:y:2024:i:4:p:440-466

Access Statistics for this article

More articles in International Journal of Procurement Management from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().