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ZENODO
Other literature type . 2025
License: CC BY
Data sources: ZENODO
ZENODO
Other literature type . 2025
License: CC BY
Data sources: Datacite
ZENODO
Other literature type . 2025
License: CC BY
Data sources: Datacite
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THE ROLE OF REGRESSION ANALYSIS IN EVALUATING SUPPLIER PERFORMANCE AND PROCUREMENT OUTCOMES

Authors: Mbonigaba Celestin*, M. Vasuki**, A. Dinesh Kumar*** & Michael Marttinson Boakye****;

THE ROLE OF REGRESSION ANALYSIS IN EVALUATING SUPPLIER PERFORMANCE AND PROCUREMENT OUTCOMES

Abstract

This study examines the role of regression analysis in evaluating supplier performance and procurement outcomes, aiming to enhance data-driven decision-making in procurement management. Using a quantitative research design, multiple regression models were applied to procurement data from 2020 to 2024 to assess relationships between key variables such as supplier reliability, cost efficiency, delivery time, and procurement success. The findings indicate a significant positive correlation (r = 0.85, p < 0.001) between supplier reliability and procurement outcomes, demonstrating that higher supplier reliability leads to improved procurement efficiency and a 50% reduction in procurement costs. A chi-square test confirmed that procurement risks align closely with predictive models (χ² = 3.56, p = 0.46), while a t-test showed a 16.7% decrease in procurement risk after implementing regression-driven policies (t = 3.27, p = 0.002). These results validate the effectiveness of regression analysis in supplier evaluation, risk prediction, and procurement cost optimization. The study recommends enhanced data management, advanced training in statistical analysis, adoption of predictive modeling, promotion of a data-driven procurement culture, and integration of regression analytics into procurement software to improve decision-making and efficiency.

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    influence
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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
Green