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Supply chain planning and business performance of Nigeria oil and gas industry
Abstract
This paper centered on exploring the correlation between supply chain planning and business performance of Nigeria oil and gas industry. The study adopted correlation research design. Structured questionnaire were used to obtain responses from respondents. One hundred copies of questionnaire were administered to registered oil and gas companies in Nigeria and ninety eight copies were successfully completed and retrieved. Pearson‘s product moment correlation was used to test hypotheses and the demographics of the respondents were analyzed using frequency and simple percentages. The study found that supply chain planning has a significant positive correlation with business performance dimensions such as market share, sales growth and demand forcasting in Nigerian oil and gas industry.
Keywords: Supply chain planning, Business performance, Oil and gas industry, Resource base theory, Market share, Demand forecasting and Sales growth