ELECTRONIC PROCUREMENT PRACTICES AND SUSTAINABLE ORGANIZATIONAL COMPETITIVE ADVANTAGE OF THE UPSTREAM SECTOR OF THE OIL AND GAS FIRMS IN NIGERIA
ELECTRONIC PROCUREMENT PRACTICES AND SUSTAINABLE ORGANIZATIONAL COMPETITIVE ADVANTAGE OF THE UPSTREAM SECTOR OF THE OIL AND GAS FIRMS IN NIGERIA

Summary/Abstract: This study examined the impact of electronic procurement practices and sustainable organizational competitive advantage of the upstream sector of the oil and gas firms in Nigeria. Specifically, it assessed the relationship between electronic tendering, electronic invoicing, electronic payment, and electronic auctioning and sustainable competitive advantage of some selected upstream sector of the Nigerian oil and gas companies in the Niger-Delta region of Nigeria. The ex-post facto and survey research design were adopted for this study. The population of the study were the employees and management staff of the procurement department of the respective upstream oil and gas firms in the Niger-Delta region of Nigeria. A total of 224 copies of questionnaire were distributed and while 220 were successfully retrieved. Convenience sampling technique was used in administering the copies of questionnaire to the staff that constituted the sample. The research model was estimated using the Ordinary Least Squares (OLS) technique through the use of Statistical Package for Social Sciences (SPSS) Version 22. The study found that that electronic tendering, electronic invoicing and electronic payment have positive significant relationship with sustainable organizational competitive advantage in the upstream oil and gas industry while electronic auctioning has no significant influence but has positive relationship with sustainable organizational competitive advantage in upstream oil and gas industry. The study recommends that management of organizations should encourage the practice of electronic tendering, automate the practice of invoicing and ensure all payments are carried out using e-payment to implement electronic auctioning practices as all these will lead to sustainable organizational competitive advantage of the organizations.

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