IIARD International Journal of Economics and Business Management (IJEBM )

E-ISSN 2489-0065
P-ISSN 2695-186X
VOL. 10 NO. 1 2024
DOI: https://doi.org/10.56201/ijebm.v10.no1.2024.pg192.211


Lean Inventory System and Supply Chain Performance of Food and Beverage Firms in Rivers State

Ogan, Henrrenta Ingo , Akani Godspower Henshaw and Okere, Bartholomew Ugochukwu,


Abstract


This study investigated the relationship between Lean Inventory System and supply chain performance of food and beverage firms in Rivers States. Specifically, the objectives of the study were to ascertain the extent to which lean inventory system relates with supply chain performance of food and beverage firms in Rivers States. The population of this study was 25 food and beverage firms in Rivers State. Five (5) administrative managers of the food and beverage firms - logistics manager, production manager, customer service manager, account manager, and procurement/ purchasing manager will be respondents from each of 25 of food and beverage firms totaling 125 respondents food and beverage firms in Rivers State that will provide primary data that will be used to ascertain the relationship between the variables. The primary data were collected through a structured questionnaire that was designed in five point Likert scale ranging from very high extent to very low extent. Two (2) research hypotheses were tested using Pearson Product Moment Correlation was the test statistics. The stud y revealed there is a positive and significantly relationship between lean inventory system and supply chain performance of food and beverage firms in Rivers State. The study concludes that lean inventory system relates supply chain performance food and beverage firms in Rivers State. The study recommends that managers of food and beverages firms should adapt techniques that will enhance their supply chain performance. All statistical tools were done using SPSS 22.0.



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