Procurement Maturity Reimagined: A Conceptual Model for Regional Owned Enterprises (BUMDs)

Sutisna, Nandang and Shazali, Mansor and Suliantoro, Hery (2025) Procurement Maturity Reimagined: A Conceptual Model for Regional Owned Enterprises (BUMDs). International Journal of Applied and Scientific Research (IJASR), 3 (4). pp. 235-254.

Text 235-254.pdf Download (754kB)

Abstract

Procurement plays a strategic role in the governance of Badan Usaha Milik Daerah (BUMD) or Regional-Owned Enterprises, which operate under dual mandates: public accountability and business efficiency. Existing procurement maturity models often fall short in addressing the hybrid nature of BUMDs. This study develops the BUMD Procurement Maturity Model (BPMM) through a conceptual synthesis of 42 public, private, and hybrid models. The BPMM comprises five dimensions—regulatory governance, institutional capacity, human capital development, digital integration, and strategic procurement—each progressing through five maturity levels from reactive to transformative. The model serves as both a diagnostic tool and a roadmap for institutional reform. It enables BUMDs to assess capabilities, address governance gaps, and implement procurement strategies aligned with local regulations and market needs. The BPMM also contributes to procurement theory by introducing a hybrid-specific maturity framework adaptable to decentralized public enterprises.

Item Type:	Journal
Uncontrolled Keywords:	Procurement Maturity Model, BUMD, Hybrid Governance, Public Procurement, Institutional Reform
Divisions:	School of Management
Depositing User:	Muhamad Aizat Nazmi Mohd Nor Hamin
Date Deposited:	15 May 2025 00:37
Last Modified:	15 May 2025 00:37
URI:	http://ur.aeu.edu.my/id/eprint/1381

Actions (login required)

View Item