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Supply Chain Mechanism on Nigeria Petroleum Products Distrribution.
Content Structure of Supply Chain Mechanism on Nigeria Petroleum Products Distrribution.
- The abstract contains the research problem, the objectives, methodology, results, and recommendations
- Chapter one of this thesis or project materials contains the background to the study, the research problem, the research questions, research objectives, research hypotheses, significance of the study, the scope of the study, organization of the study, and the operational definition of terms.
- Chapter two contains relevant literature on the issue under investigation. The chapter is divided into five parts which are the conceptual review, theoretical review, empirical review, conceptual framework, and gaps in research
- Chapter three contains the research design, study area, population, sample size and sampling technique, validity, reliability, source of data, operationalization of variables, research models, and data analysis method
- Chapter four contains the data analysis and the discussion of the findings
- Chapter five contains the summary of findings, conclusions, recommendations, contributions to knowledge, and recommendations for further studies.
- References: The references are in APA
- Questionnaire
INTRODUCTION
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BACKGROUND OF THE STUDY
Supply chain management consist of the management of entities which are directly involved in flow of products, services, finances and information from the source to a customer in the upstream and downstream sector of oil and gas industry (Christopher, 2011). The Supply chain management requires the optimization of operations to ensure speed and efficiency. The upstream sector of oil and gas industry is engaged in the supply-chain which takes care of domestic and international transportation, materials handling, import/export facilitation, ordering and inventory, visibility and control, and information technology. The complex nature of oil and gas operations consist of high levels of uncertainty and complexity in terms of what methods and balance of practices should be considered in controlling and managing such international supply chains. Supply-chain management involves the design, organization and continuous improvement of an organized set of operations. The goal of supply-chain management enhance maximum customer service at the minimum cost possible. The challenges confronted in the supply chain upstream sector of oil and gas consist of health challenges , safety, security and environmental management, delays and unclear accountability, materials monitoring and optimizing purchasing. The mismanagement of Supply chain leads to wastage of resources and unavoidable overheads leading to high operating cost. The study seeks to appraise the supply chain mechanism on Nigeria petroleum products distribution.
STATEMENT OF THE PROBLEM
The complex nature of the oil and gas industry operations constitute the major reason for the challenges faced in the supply chain of petroleum products distribution. The challenges confronted in the supply chain upstream sector of oil and gas consist of health challenges, safety, security and environmental management, delays and unclear accountability, materials monitoring and optimizing purchasing. The mismanagement of Supply chain leads to wastage of resources and unavoidable overheads leading to high operating cost. The problem confronting the study is to appraise the supply chain mechanism on Nigeria petroleum products distribution.
OBJECTIVES OF THE STUDY
The Main Objective of the study is to appraise the supply chain mechanism on Nigeria petroleum products distribution; The specific objectives include:
- To find out how effective supply chain mechanism is in the Nigerian petroleum industry.
- To investigate the impacts of the supply chain mechanism on Nigeria’s petroleum product distribution.
- To identify the factors militating against effective distribution of petroleum products in Nigeria.
RESEARCH QUESTIONS
i. How effective is the supply chain mechanism in the Nigerian petroleum industry?
ii. What are the impacts of the supply chain mechanism on Nigeria’s petroleum product?
iii. What are the factors militating against effective distribution of petroleum products in Nigeria?
STATEMENT OF THE HYPOTHESIS
Ho1: Supply chain mechanism does not impact on petroleum product distribution significantly.
SIGNIFICANCE OF THE STUDY
The study appraises the supply chain mechanism on Nigeria petroleum products distribution. The study shall therefore serve as veritable source of information to stakeholders to proffer interventions which will address the problem.
SCOPE OF THE STUDY
The study focuses on the appraisal of the supply chain mechanism on Nigeria petroleum products distribution.
LIMITATION OF THE STUIDY
The study was confronted with logistics and geographical factors.
DEFINITION OF TERMS
SUPPLY CHAIN MANAGEMENT DEFINED
Supply-chain management involves the design, organization and continuous improvement of an organized set of operations. The goal of supply-chain management enhances maximum customer service at the minimum cost possible.
FIRMS COMPETITIVENESS DEFINED
The firm’s competitiveness lies in its ability to provide products and service more effectively and efficiently than its competitors. It is the ability of the firm to maintain sustained success and the ability to compete favorably with the world’s best firms in cost and quality of goods or services.
FINANCIAL PERFORMANCE DEFINED
This is the measure of the firm’s financial returns or goals through the use of evaluation method or financial indicators.
RETURN ON INVESTMENT DEFINED
The return on investment defines the firm’s efficiency in the utilization of the invested capital. This ratio is determined as net profit after tax divided by total paid in capital.
CUSTOMER SATISFACTION DEFINED
Meeting or exceeding customer expectations.
OPERATIONAL INNOVATION DEFINED
Operational innovation is defined as the new ways of doing work” (Close, 2006). The process of inventing new ways of solving old problems. Traditionally, many oil and gas firms expand their operation through the process of diversification of businesses, mergers, and acquisitions and operational innovation.
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