Effect of Logistics Outsourcing on Operational Performance of the Selected Manufacturing Companies in Southwestern Nigeria ()
Affiliation(s)
1Management and Accounting Department, Obafemi Awolowo University, Ile-Ife, Nigeria.
2Department of Management and Accountig, Faculty of Adminitration, Obafemi Awolowo University, Ile-Ife, Nigeria.
3Nigeria Flour Mills Plc (Golden Penny Division) Plot 7, Gbagada Industrial Estate, Lagos, Nigeria.
ABSTRACT
The study examined the effect of logistics
outsourcing on operational performance of the selected manufacturing companies
in Southwestern, Nigeria. These were with a view to providing information on
the effect of logistics outsourcing on operational performance of the selected
manufacturing companies in Southwestern, Nigeria. The article is organized
progressively to elucidate on challenges being faced by producers of Fast Moving Consumer Goods and services in delivering values to their
customers; and still remain in business as a going concern through outsourcing
of logistics activities, despite the cost volatilities. Evidences area bound in the data was collected and analysed
to draw up valid conclusions. The study adopted a descriptive survey design.
Primary data on variables such as haulage, storage and facility/asset
management and operational performance were obtained through the administration of
questionnaire to respondents. The population of the study comprised of six
hundred and twenty (620) senior managers, middle level officers and supervisors
who were employees of the selected food manufacturing companies in Lagos, Oyo
and Ogun states of Southwestern, Nigeria. Sample size of two hundred and sixty
(260) employees of manufacturing companies in South western, Nigeria was
selected for the study using Taro Yamane’s formula. Data obtained for the study
were analysed using figures, tables, percentages and regression analysis.
Result from the study showed that logistics outsourcing (F = 10.875, p < 0.05) had significant effect on
operational performance of the selected manufacturing companies in
Southwestern, Nigeria. The study concluded
that logistics outsourcing significantly enhanced operational performance of
manufacturing companies.
Share and Cite:
Adesunkanmi, S. , Emmanuel, O. and Nurain, S. (2022) Effect of Logistics Outsourcing on Operational Performance of the Selected Manufacturing Companies in Southwestern Nigeria.
Open Journal of Business and Management,
10, 3485-3499. doi:
10.4236/ojbm.2022.106172.
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