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Organizational Readiness For Procurement 4.0 In Circular Economy: The Moderating Role On Competitiveness

Author

Listed:
  • Razvan-Andrei CORBO?

    (Bucharest University of Economic Studies, Romania)

  • Ovidiu-Iulian BUNEA

    (Bucharest University of Economic Studies, Romania)

  • Ruxandra-Irina POPESCU

    (Bucharest University of Economic Studies, Romania)

Abstract

The goal of this study is to see if organizational readiness for procurement 4.0 has an impact on organizational competitiveness in the context of the circular economy. The study also looks at the role of organizational readiness for procurement 4.0 as a moderator. The findings of a two-way moderated multiple regression analysis revealed that we are dealing with an enhancing moderation effect. We noticed a substantial rise in the influence of the predictor, circular economy openness, on the outcome, organizational competitiveness, as we increased the moderator, organizational readiness for Procurement 4.0. Organizations with a high level of openness to the circular economy and organizational readiness for procurement 4.0 scored the most. Furthermore, at high levels of openness to the circular economy, we observed similar competitiveness at all levels of organizational readiness for Procurement 4.0.

Suggested Citation

  • Razvan-Andrei CORBO? & Ovidiu-Iulian BUNEA & Ruxandra-Irina POPESCU, 2022. "Organizational Readiness For Procurement 4.0 In Circular Economy: The Moderating Role On Competitiveness," Management Research and Practice, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 14(2), pages 5-16, June.
    • Handle: RePEc:rom:mrpase:v:14:y:2022:i:2:p:5-16
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    Citations

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    Cited by:

    1. Ovidiu-Iulian BUNEA & Răzvan-Andrei CORBOȘ, 2022. "A Creative Thinking Approach to the Role of Procurement as a Competitive Advantage in the Context of the Circular Economy Transition," Management and Economics Review, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 7(3), pages 423-437, October.
    2. Robson Elias Bueno & Mayara Neves Pohlmann & Helton Almeida dos Santos & Rodrigo Franco Gonçalves, 2024. "The Procurement 4.0 Contributions to Circular Economy," Sustainability, MDPI, vol. 16(14), pages 1-25, July.
    3. Ibrahim Mutambik & Abdullah Almuqrin, 2024. "The Best of Both Worlds: How Financial Growth Can Engender Improved Sustainability for Businesses," Sustainability, MDPI, vol. 16(11), pages 1-23, June.
    4. Marina Žižakov & Teodora Vuckovic & Srđan Vulanović & Dušanka Dakić & Milan Delić, 2023. "Investigating the Key Factors Influencing the Process Innovation Capability in Organizations: Evidence from the Republic of Serbia," Sustainability, MDPI, vol. 15(10), pages 1-17, May.

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