SUPPLY CHAIN VISIBILITY AND SALES PERFORMANCE OF OIL AND GAS MULTINATIONAL COMPANIES IN RIVERS STATE, NIGERIA

DR. OLUWAROTIMI ODUNAYO AKINTOKUNBO (PhD), FAITH ODAGE ALI

Abstract


This study explored the theoretical relationship between supply chain visibility and sales performance of oil and gas multinational firms in Rivers State. The study was conceptualized with supply chain visibility as a predictor variable to sales performance with measures such as sales volume and market share. From theoretical and empirical literature the study deduced that supply chain visibility is key and prerequisite to any supply chain effort and sales performance particularly among oil and gas multinational firms sequel to the empirical findings of other scholars in their various studies and contexts. The study concluded that supply chain visibility is a veritable driver to sales performance; key and prerequisite to any supply chain effort and sales performance particularly among oil and gas multinational firms in Rivers State. The study recommended that oil and gas multinational firms in Rivers State should prioritize supply chain visibility to improve their sales performance; oil and gas multinational firms in Rivers State should also adopt supply chain visibility to strengthen and fasten communication as this will in turn lead to better sales performance

Keywords: Supply Chain Visibility, Sales Performance, Sales Volume, Market Share, Oil and Gas Multinational Firms.

CITATION:  Akintokunbo, O. O., & Ali, F. O. (2021). Supply chain visibility and sales performance of oil and gas multinational companies in Rivers State. The Strategic Journal of Business & Change Management, 8 (4), 966 – 973.


Full Text:

PDF

References


Ahimbisibwe, A., Sebulime, R., Tumuhairwe, R., & Tusiime, W. (2016). Supply chain visibility, supply chain velocity, supply chain alignment and humanitarian supply chain relief agility. European Journal of Logistics, Purchasing and Supply Chain Management, 4(2), 34-64.

Arif-Uz-Zaman, K. & Ahsan, A.M.M.N. (2014). Lean supply chain performance measurement. International Journal of Productivity and Performance Management, 63(5), 588-612

Aviv, Y. (2002). Gaining benefits from joint supply chain forecasting on supply chain performance of manufacturing and service operations in Kenya. Journal of Management 4(1), 55-74.

Barratt, M., & Oke, A. (2007). Antecedents of supply chain visibility in retail supply chains: A resource-based theory perspective. Journal of Operations Management, 25, 1217-1233.

Caridi, M., Moretto, A., Perego, A. & Tumino, A. (2014). The benefits of supply chain visibility: A value assessment model. International Journal of Production Economics, 151, 1-19,

Carvalho, H., Azevedo, S. G & Cruz-Machado, V. (2012). Agile and resilient approaches to supply chain management: Influence on performance and competitiveness. Logistics Research, 4(1), 49-62,

Chikan, A., & Gelei, A. (2010). New insight into the competitiveness of supplier firms: Aligning competences and customer expectations. Supply Chain Forum: An International Journal, 11(2),

Cooper, M.C., Lambert, D.M. & Pagh, J.D. (2013). Supply chain management: More than a new name for logistics. International Journal of Logistics Management, 8 (1), 57-69.

Farris, P.W., Neil, T., Bendle, Y, Phillip, E., Pfeifer, T., & David, J. R. (2010). Marketing Metrics: The Definitive Guide to Measuring Marketing Performance. Upper Saddle River, New Jersey: Pearson Education, Inc.

Fawcett, S. E., & Magnan, G. M. (2002). The rhetoric and reality of supply chain integration. International Journal of Physical Distribution & Logistics Management, 32(5), 339-361.

Fliedner, G. (2003). CPFR: An emerging supply chain tool. Industrial Management&DataSystems,103(1),14-

Fugate, B. S., Mentzer, J. T. & Stank, T. P. (2010). Logistics performance: efficiency, effectiveness, and differentiation. Journal of Business Logistics, 31, 43-61.

Gattorna, J. (2009). Supply chain alignment. Surrey, UK: Gower Publishing.

Holcomb, M.C., Ponomarov S.Y. & Manrodt, K.B. (2011). The relationship of supply chain visibility to firm performance. Supply Chain Forum: An International Journal, 12(2), 32-45,

Holweg, M., & Pil, F. K. (2008). Theoretical perspectives on the coordination of supply chains. Journal of Operations Management, 26,389-406

Holweg, M., Disney, S., Holmstrom, J., & Smaros, J. (2005). Supply chain collaboration: Making sense of the strategy continuum. European Management Journal, 23(2),170-181.

Kot S., Onyusheva, I. & Grondys, K. (2018). Supply chain management in SMEs: evidence from Poland and Kazakhstan. Engineering Management in Production and Services, 10(3), 23-36.

Kotler, P. (2000). Marketing management millenium edition, 10th edition. New York: Pearson Prentice Hall

Kotler, P. & Amstrong, G. (2011). Principles of marketing, 14th edition. New York: Pearson Prentice Hall.

Lee, H. L. (2000). Creating value through supply chain integration. Supply Chain Management Review, 4(4), 30-36.

Lee, H. L. (2004). The triple-a supply chain. Harvard Business Review, 82(10), 102-112.

Ltifi, M. and Gharbi, J. (2015) The effect of logistics performance in retail store on the happiness and satisfaction of consumers. Procedia Economics and Finance, 23, 1347-1353.

Mohd, S. & Yasuo, H. (2013). Sales growth, profitability and performance: empirical study of Japanese ICT industries with three Asean Countries. Proceedings of ASBBS, 20 (1), 81- 98.

Nwokah, N. G. (2008). Strategic market orientation and business performance. European Journal of Marketing, 42, 279-286.

Ristovska, N., Kozuharov, S. & Petkovski, V. (2017). The impact of logistics management practices on companys’ performance. International Journal of Academic Research in Accounting Finance and Management Sciences, 7(1), 245-252.

Umair, A. , Zhang, W. Han, Z. & Haq, S. (2019). Impact of logistics management on customer satisfaction: A case of retail stores of Islamabad and Rawalpindi. American Journal of Industrial and Business Management, 9, 1723-1752.

Wu, S.J., Melnyk, S.A., & Flynn, B.B. (2010). Operational capabilities: The secret ingredient. Decision Sciences, 41(4), 721-754.

Zailani, S., Jeyaraman K., Vengadasan, G., Premkumar R. (2012). Sustainable supply chain management (SSCM) in Malaysia: A survey. International Journal of Production Economics, 140(1), 330-340,




DOI: http://dx.doi.org/10.61426/sjbcm.v8i4.2153

Refbacks

  • There are currently no refbacks.


Creative Commons License
This work is licensed under a Creative Commons Attribution 3.0 License.

PAST ISSUES:
20242023202220212020201920182017201620152014
Vol 11, No 2 [2024]Vol 10, No 4 [2023]Vol 9, No 4 [2022]Vol 8, No 4 [2021]Vol 7, No 4 [2020]Vol 6, No 4 [2019]Vol 5, No 4 [2018]Vol 4, No 4 [2017]Vol 3, No 4 [2016]Vol 2, No 2 [2015]Vol 1, No 2 [2014]
 Vol 11, No 1 [2024] Vol 10, No 3 [2023] Vol 9, No 3 [2022]Vol 8, No 3 [2021]Vol 7, No 3 [2020]Vol 6, No 3 [2019]Vol 5, No 3 [2019]Vol 4, No 3 [2017]Vol 3, No 3 [2016]Vol 2, No 1 [2015]Vol 1, No 1 [2014]
  Vol 10, No 2 [2023] Vol 9, No 2 [2022]Vol 8, No 2 [2021]Vol 7, No 2 [2020]Vol 6, No 2 [2019]Vol 5, No 2 [2018]Vol 4, No 2 [2017]Vol 3, No 2 [2016]  
  Vol 10, No 1 [2023] Vol 9, No 1 [2022]  Vol 8, No 1 [2021]Vol 7, No 1 [2020]Vol 6, No 1 [2019]Vol 5, No 1 [2018]Vol 4, No 1 [2017]Vol 3, No 1 [2016]   


Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.