Effect of E-Procurement on the Performance of Mining Companies: Case of Fekola Mining Mali (B2GOLD)

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Abstract

This study assessed the effect of e-procurement on the performance of mining companies, focusing on Fekola Mining Mali (B2Gold).The study employed descriptive research design with a mixed-method approach, collecting data from 200 respondents including procurement officers, supply chain managers, operational staff, and IT specialists.Data were analyzed using descriptive statistics, correlation analysis, and simple regression analysis.The findings revealed that e-sourcing, etendering, e-invoicing, and e-contract management all have a statistically significant positive effect on the performance of mining companies (p < 0.05).E-sourcing reduced procurement cycle time, e-tendering improved transparency and competitiveness, e-invoicing enhanced financial accuracy, and e-contract management strengthened compliance and supplier monitoring.Despite these improvements, the study concludes that the full potential of e-procurement has not yet been fully realized due to infrastructural and supplier digital readiness challenges.The study recommends enhanced system integration and supplier digital capacity building to maximize performance outcomes.

Fields of Study & Subjects

Public Procurement and Policy Quality and Supply Management E-commerce and Technology Innovations

Publication details

Journal / source
Journal of Research Innovation and Implications in Education
Publication date
16 March 2026
Language
EN