Impact of Procurement Practices on Organizational Performance of Medical Equipment Companies

This paper aims to achieve efficient and effective procurement practices to improve the organizational performance of Kuwait’s medical equipment companies. Using a developed questionnaire, a cross-sectional time horizon was used to collect the data from 286 respondents. Smart-Pls 4 was used to analyze the data. The study’s findings indicated a positive direct effect between procurement practices and organizational performance. In addition, procurement practice factors, including staff competence, procurement planning, information technology, and management, have a positive direct effect. Procurement planning significantly affected organizational performance compared to staff competence and management. In contrast, information technology was the least significant factor affecting organizational performance. We suggest that medical equipment companies’ management prioritize staff competence and ensure all procurement employees receive adequate training on innovation procurement practices. Also, sales and procurement professionals must examine global supply chain issues since they affect product and service delivery.