ORGANIZATIONAL READINESS FOR PROCUREMENT 4.0 IN CIRCULAR ECONOMY: THE MODERATING ROLE ON COMPETITIVENESS
ORGANIZATIONAL READINESS FOR PROCUREMENT 4.0 IN CIRCULAR ECONOMY: THE MODERATING ROLE ON COMPETITIVENESS
Author(s): Răzvan-Andrei Corboş, Ovidiu-Iulian Bunea, Ruxandra Irina PopescuSubject(s): Economy, Business Economy / Management, Energy and Environmental Studies
Published by: Academia de Studii Economice - Centrul de Cercetare in Administratie si Servicii Publice (CCASP)
Keywords: Procurement 4.0; Competitiveness; Circular Economy; Moderating effect;
Summary/Abstract: The goal of this study is to see if organizational readiness for procurement 4.0 has an impact on organizational competitiveness in the context of the circular economy. The study also looks at the role of organizational readiness for procurement 4.0 as a moderator. The findings of a two-way moderated multiple regression analysis revealed that we are dealing with an enhancing moderation effect. We noticed a substantial rise in the influence of the predictor, circular economy openness, on the outcome, organizational competitiveness, as we increased the moderator, organizational readiness for Procurement 4.0. Organizations with a high level of openness to the circular economy and organizational readiness for procurement 4.0 scored the most. Furthermore, at high levels of openness to the circular economy, we observed similar competitiveness at all levels of organizational readiness for Procurement 4.0.
Journal: Management Research and Practice
- Issue Year: 14/2022
- Issue No: 2
- Page Range: 5-16
- Page Count: 12
- Language: English