IIARD International Institute of Academic Research and Development

INTERNATIONAL JOURNAL OF SOCIAL SCIENCES AND MANAGEMENT RESEARCH (IJSSMR )

E-ISSN 2545-5303
P-ISSN 2695-2203
VOL. 10 NO. 9 2024
DOI: 10.56201/ijssmr.v10.no9.2024.pg135.149

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Leveraging Logistics Capabilities for Effective Supply Chain Planning of Oil and Gas Firms in South-South Nigeria

Poi, Elizabeth Ledisi, Bob Ekwuribe, Ihunwo, Elvis

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Abstract

Oil and gas firms in south-south Nigeria that are able to leverage logistics capabilities efficiently will respond promptly to fluctuating market conditions and satisfy customers’ needs and wants proficiently. This paper examines the impact of leveraging logistics capabilities for effective supply chain planning of oil and gas firms in south-south Nigeria. A cross-sectional survey research design was used to generate quantitative data from a population of twenty-three (23) Logistics managers of oil and gas firms in south-south Nigeria according to (Finelib 2016). The Tabachnick & Fidell’s (2012) rule for sample size determination was adopted and the entire population was treated as the sample. For data collection, a survey questionnaire designed with a 5-point Likert scale with 1: strongly disagree and 5: strongly agree in Google Form and printed format were validated by academic researchers and practitioners with the subject matter expertise. The Cronbach alpha analysis determined its reliability and it was distributed via social media and email. To test the hypotheses, the multiple linear regression technique was used with the aid of the IBM, Statistical Package for Social Sciences software (SPSS) software, version 25. The results show that with a 1% increase in logistics capabilities, effective supply chain planning will increase by 0.575% (B value). Therefore, the study concludes that logistics capabilities have a positive and significant impact on effective supply chain planning of oil and gas firms in south-south Nigeria. The study thus, recommends that oil and gas firms in south-south Nigeria should invest in and adopt advanced technologies to ensure effective supply chain planning, buttressed by vital demand oriented and supply oriented logistics capabilities to achieve the holistic supply chain management goals and objectives.

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