Abstract:
Despite the importance of mining to job creation and its positive impact on
economies and Gross Domestic Product (GDP), procurement management
practices on sustainability and innovation outcome seems to be a major
problem faced by most mining firms in Ghana (Barenblitz et al., 2021).
Nevertheless, there is the need for studies to investigate the procurement
practices and its effect on sustainability and innovation outcome (Adjei-Bamfo
et al., 2021). In this regard, the current study sought to examine the effect of
Procurement Management Practices on Sustainability and Innovation
Outcome among Mining Firms in Ghana. The study was underpinned by the
theory of constraint and the network theory. The study employed the
positivism philosophy, quantitative approach and explanatory design of which
respondents from the mining firms in Ghana were targeted. A structured
questionnaire was used for data collection. Out of a population of 266, the
number recorded as reliable and used for the analysis and processed with the
IBM SPSS Statistics version 26 was 232. Following data processing,
descriptive tools, including frequencies, percentages, means, standard
deviations, and inferential tools, were used to analyse the data. Findings of the
study indicates that, Tender and Technical Specification, Innovation Risk,
Competitive Innovation Conundrum and Supplier Relationship Management
were found to significantly predict Sustainability and Innovation outcomes.
However, Political Regime was found not to significantly influence
Sustainability and Innovation outcomes. The study therefore recommended
that, management of mining firms must pay attention to Procurement
Management Practices as it contributes highly to improving sustainability and
innovation outcomes.
