SUPPLY CHAIN STRATEGIES AND EFFECTIVENESS OF OIL AND GAS COMPANIES IN RIVERS STATE

Authors

  • David Onwuchekwa, Ph.D

Abstract

This study examines the relationship between supply chain design strategies and effectiveness of oil and gas companies in Rivers State. This study adopted a cross-sectional research design. The study adopted a census population. 3 managers (operational manager, logistic manager and branch manager) were selected from each firm multiplied by 19 firms 57 respondents. Structured questionnaire instrument title “supply chain design strategies and effectiveness of oil and gas companies in Rivers State” was developed on five-point likert scale. The result of the Cronbach's Alpha reliability test indicates .708 which is above .70 which implies that the items are reliable. Data analysis of hypotheses tested was tested using Sparkman rank order correlation coefficient on SPSS. The study revealed that there is a significant relationship between efficient supply chain and adaptability of p oil and gas companies in Rivers State. There is a significant relationship between responsive supply chain and resource allocation of oil and gas companies in Rivers State. There is a significant relationship between agile supply chain and goal accomplishment of oil and gas companies in Rivers State. The study concluded that there is a positive correlation between supply chain design strategies and effectiveness in oil and gas companies in Rivers State. In conclusion, the application of assignment models. The study recommended plastic manufacturing firms should invest in advanced technologies such as automation, Internet of Things (IoT), and data analytics, plastic manufacturing firms should focus on developing flexible supply chain strategies that allow for rapid adjustments to fluctuations in demand and supply conditions and plastic manufacturing firms should prioritize agility by fostering a culture of continuous improvement and innovation.

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Published

2025-01-20

How to Cite

Onwuchekwa, Ph.D, D. (2025). SUPPLY CHAIN STRATEGIES AND EFFECTIVENESS OF OIL AND GAS COMPANIES IN RIVERS STATE. BW Academic Journal. Retrieved from https://bwjournal.org/index.php/bsjournal/article/view/2572

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