WACHUKU Samuel Kinikandu
Department of Marketing, Faculty of Administration and Management
Rivers State University Nkpolu-Oroworukwo, Port Harcourt
NWOKAH N. Gladson
Department of Marketing, Faculty of Administration and Management
Rivers State University Nkpolu-Oroworukwo, Port Harcourt
HARCOURT Horsfall
Department of Marketing, Faculty of Administration and Management
Rivers State University Nkpolu-Oroworukwo, Port Harcourt.
Abstract
This study examined the relationship between supply chain agility and performance of oil and gas firms in Rivers State. Supply chain agility was used as a unidimensional variable, while performance was measured using profitability and market share. The theoretical foundation of the study was resource-based view. The study adopted a survey research design. The population of the study consisted 29 oil and gas firms. The sample size was the same as the population. The study collected primary data using questionnaire, while the hypotheses were tested using Pearson Product Moment Correlation (PPMC) with the aid of Statistical Package for Social Sciences 23.0. The findings are that supply chain agility has strong and positive relationship with profitability and market share, hence performance of oil and gas firms in Rivers state.
Based on these findings, the study concludes that supply chain agility is significantly related to firm performance. On the basis of this conclusion, the study recommends that oil and gas firms in Rivers State should invest in resources that boost their agility.
Keywords: Firm performance, market share profitability, supply chain agility.