Models Effect of Logistics Chain Supply and Assets Tracking Management in Nigeria
Chapter One
OBJECTIVE OF THE STUDY
The objectives of the study are;
- To ascertain the model’s effect of logistics chain supply and assess tracking management in Nigeria
- To ascertain the relationship between logistics chain supply and assets tracking management
- To determine the effect of logistics management in an organization
CHAPTER TWO
REVIEW OF RELATED LITERATURE
Logistics
Logistics is defined by the Council of Supply Chain Management Professionals (2010) as “the process of planning, implementing, and controlling procedures for the efficient and effective transportation and storage of goods including services, and related information from the point of origin to the point of consumption for the purpose of conforming to customer requirements. This definition includes inbound, outbound, internal, and external movements. (Council of Supply Chain Management Professionals, 2010). Gunther and Tempelmeier (2005) specify logistics as a complete description of the individual functions and levels of the company which has, as its goal, the optimization of the flow of products and materials in respect of the related stream of information.
Oladipo (2012) opines that the word ‘’logistics is of Greek origin i.e. Logistics meaning skilled in calculating. It can also be appreciated that the organization concept of logistics was initially developed in the armed forces. Roman armies used to have administrative officers called logistic (Oladipo, 2012). The term logistics is synonymous to the military but it is now applicable to both military and business world. Logistics in French stands for ‘’Lager’’ which means to lodge or accommodate or quarter and this in military parlance or expression connotes methods of moving armies from one place to another as well as organizing supplies.
Christopher (2005) defines logistics as the process of strategically managing the procurement, movement and storage of materials, parts and finished inventory (and related information flow) through the organization and its marketing channels in such a way that the current and future profitability are minimized through the cost effective fulfillment of orders.
Brannstrom and Sumper (2005) posit that logistics is the art of managing the supply chain and science of managing and controlling the flow of goods, information and other resources like energy and people between the point of origin and the point of consumption in order to meet customers’ requirements. It involves the integration of information, transportation, inventory, warehousing, material handling, and packaging.
Couriel learning programme (2010) opines that logistics equals supply plus materials plus distribution. He further observes that a more scientific definition given by council of logistics management is that it is a process of planning, implementing, and controlling the efficient, effective flow and storage of goods, services, and related information from point of origin to point of consumption for the purpose of conforming to customer requirements.
Council of supply chain management (2005) defines logistics as part of supply chain management that plans, implements and controls the efficient, effective forward and reverse flow and storage of goods and services as well as related information between the point of origin and the point of consumption in order to meet customer’s requirements.
Chartered Institute of Logistics and Transport, UK (2005) posits that logistics is a time related positioning of resources at the right time, in the right place at the right cost and at right quality. Interworks Europe (2002) opines that logistics is the process of planning, implementing, coordinating and controlling storage of goods, services and related information so as to deliver what is needed, from where it is, to where it is needed, when it is needed and at the lowest cost.
CHAPTER THREE
RESEARCH METHODOLOGY
Research design
The researcher used descriptive research survey design in building up this project work the choice of this research design was considered appropriate because of its advantages of identifying attributes of a large population from a group of individuals. The design was suitable for the study as the study models effect of logistics chain supply and assets tracking management in Nigeria
Sources of data collection
Data were collected from two main sources namely:
(i)Primary source and
(ii)Secondary source
Primary source:
These are materials of statistical investigation which were collected by the research for a particular purpose. They can be obtained through a survey, observation questionnaire or as experiment; the researcher has adopted the questionnaire method for this study.
Secondary source:
These are data from textbook Journal handset etc. they arise as byproducts of the same other purposes. Example administration, various other unpublished works and write ups were also used.
Population of the study
Population of a study is a group of persons or aggregate items, things the researcher is interested in getting information on models effect of logistics chain supply and assets tracking management in Nigeria. 200 staff of Apapa sea port, Lagos was selected randomly by the researcher as the population of the study.
CHAPTER FOUR
PRESENTATION ANALYSIS INTERPRETATION OF DATA
Introduction
Efforts will be made at this stage to present, analyze and interpret the data collected during the field survey. This presentation will be based on the responses from the completed questionnaires. The result of this exercise will be summarized in tabular forms for easy references and analysis.
CHAPTER FIVE
SUMMARY, CONCLUSION AND RECOMMENDATION
Introduction
It is important to ascertain that the objective of this study was to ascertain models effect of logistics chain supply and asset tracking management in Nigeria. In the preceding chapter, the relevant data collected for this study were presented, critically analyzed and appropriate interpretation given. In this chapter, certain recommendations made which in the opinion of the researcher will be of benefits in addressing the challenge logistics chain supply and asset tracking management in Nigeria
Summary
This study was on models effect of logistics chain supply and asset tracking management in Nigeria. Three objectives were raised which included: To ascertain the models effect of logistics chain supply and assess tracking management in Nigeria, to ascertain the relationship between logistics chain supply and assets tracking management, to determine the effect of logistics management in organization. In line with these objectives, two research hypotheses were formulated and two null hypotheses were posited. The total population for the study is 200 staff of Apapa sea port, Lagos. The researcher used questionnaires as the instrument for the data collection. Descriptive Survey research design was adopted for this study.
Conclusion
In conclusion, Nigeria sea port should look at those factors that affect logistics chain supply. Asset tracking, there should high level of technologies to help in asset tracking and sophisticated trackers with high level of frequencies.
Recommendation
Government of Nigeria should provide management with sophisticated tracker with high frequencies.
The management should solve the issues of factors that affect logistic chain supply.
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