Title: The contribution of the procurement process to financial performance: a case study of the sugar-energy sector

Authors: Mônica Georgino; Rosane L.C. Alcantara; Andrei Aparecido de Albuquerque

Addresses: Department of Production Engineering, Federal University of São Carlos, São Carlos, Brazil ' Department of Production Engineering, Federal University of São Carlos, São Carlos, Brazil ' Department of Production Engineering, Federal University of São Carlos, São Carlos, Brazil

Abstract: The aim of this paper is to identify the key elements of the procurement process that promote financial performance. A systematic literature review (SLR) was conducted to identify the key elements of the procurement process that promote the financial performance. Then an in-depth exploratory case study was conducted on a Brazilian company, the largest sugarcane producer in the world, to examine and identify these key elements on the procurement process. Throughout the case study, it became clear that the alignment between procurement and finance positively influenced organisations' financial results. It also contributes to identifying new key elements and opportunities for improving the procurement processes. This paper helps understand the current relationship between the procurement process and financial performance in the Brazilian sugar-energy industry.

Keywords: case study; procurement; performance; key elements; financial; sugar-energy; Brazil.

DOI: 10.1504/IJPM.2024.137793

International Journal of Procurement Management, 2024 Vol.20 No.1, pp.47 - 66

Received: 16 Jun 2022
Accepted: 18 Feb 2023
Published online: 05 Apr 2024 *