OSSAI Patrick Esume NWULU Chinyere Stella ADIELE Kenneth Chima
Department of Marketing, Faculty of Administration and Management
Rivers State University Nkpolu-Oroworukwo, Port Harcourt.
Abstract
This study investigated the influence of supply chain robustness on performance of listed oil and gas companies in Nigeria. Supply chain robustness was used as a unidimensional variable while performance was measured using responsiveness, reliability and assets management efficiency. The study employed a cross-sectional survey strategy. The population of the study consisted 7 listed oil and gas companies, and a census was taken, while 35 respondents consisting supply chain manager, logistics manager, distribution manager, marketing manager and purchasing manager provided data. Data was collected using semi-structured questionnaire designed in the 5-point Likert-type scale. The questionnaire was distributed online using emails obtained from the companies. Responses 33 respondents were used for the study. Hypotheses were tested using simple regression with the aid of statistical package for social sciences version 23. From the analysis, it was found that supply chain robustness has varying degrees of significant influence on measures of supply chain performance of (responsiveness, reliability, and asset management efficiency). It was therefore concluded that supply chain robustness has a strong influence on performance of listed oil and gas companies in Nigeria. The study recommends that listed oil and gas companies should build capabilities that enable their supply chains and firms to prepare for disruptions so they can quickly ‘‘bounce back’’ from such disruptions.
Keywords: Assets management efficiency, organizational performance, reliability, responsiveness supply chain robustness.