CHALLENGE OF PURCHESING PRACTICE (IN CASE OF WOLKITE TOWN FINANCE AND ECONOMIC OFFICE)

Abstract

The main objective of this study was assessing the challenge of purchasing practice in case of Wolkite town finance and economic development office.The researcher used descriptive methods of research design to describe the current situation of organizations purchasing practice. The relevant data have been gathered from primary and secondary data. Primary data was collected through questionnaire by using census survey to get first hand information’s from all employees of the organization and secondary data were collected by analyzing different documents. After the relevant data were collected the researcher used quantitative and qualitative data analysis techniques to analysis the collected data. The major findings of the study in the organization found that there were poor performance of purchasing process ,little consideration to purchasing principles and lack of authority delegations to user department so ,unorder to overcome such problems the organization should develop best practice of purchasing process, should focus on purchasing principles and should delegate authority to user department.