ABSTRACT
This study. analyzed
in details the effect of logistics management on marketing performance of water
packaging enterprises in Abia State Nigeria. The study examined the cost
implication of logistics management. performance ol" the enterprise and
determinants of performance. Fifty (50) water packaging enterprises were
selected from the major cities of the state. Descriptive (tables, frequencies
and charts) and inferential (cost and returns, multiple regression) statistics
were adopted in the data analysis. l'hc result showed thata mean of 9 years
indicates that these enterprises have been in existence lbr a minimum of this
period. The result revealed further that 74% of the water packaging enterprises
in Abia State are located in the urban centers while 26% in the rural centers.
Majority (50%) of the enterprises were medium-scaled, 30% large scaled and 20%
small-scaled. (liven that 62% of the managers had tertiary education, this
implies that a very high level of literacy' (ability to read and write) abides
in the study arca.The study shows that 96% of the water packaging enterprises
in the study area made use of distributive systems while only 4%. The cost
share among these components shows that 61% of the total logistics management
budget was spent. on transportation with 21% and I 8% spent on ral.eho1sj1_ig
and inventory control respectively. Estimated gross revenue of N 800,000, total
cost of N 486,215 and net return of N 313.785 were received. A profitability
ratio of 0.40 indicates that 40% of the total revenue received was accounted
for by net revenue showing that water packaging enterprises in Abia State are
prolitnhle.An R2shows that 76% of changes in the performance (pro lit) of water
packaging enterprises were accounted for by the explanatory variables included
in the model while 24% was accounted lbr by random disturbances in the model.
Performance of the enterprises \as positively influenced by turnover and
business experience of the managers at 5% significant level respectively and
negatively influenced cost of operation, age of the enterprises and government
charges at 1%, 5% and 10% significant levels respectively.The result of the
prohit regression showed that logistics management was positiyely related to
size of firm, location of firm and demand for the product and negatively
related to cost of logistics and distance to the target market. The correlation
result showed a strong positive relationship between logistics management and
performance of the water packaging enterprises at 5% level of significance. It
was recommended that water packaging enterprises should ensure that their transportation
system is efficient and affective so as to guarantee place and time utility of
their prodts. warehouse management must be given special consideration. This
may involve the engagement of commercial warehouses that will ensure momentum
and profit boost;these enterprises are also advised to ensure an efficient
inventory control system as this has the capacity of enhancing sales and
turnover; Government should review their charges on these enterprises and
thereby reduce the unnecessary burden on them.
UDE, V (2021). Effect Of Logistics Management On The Marketing Performance Of Water Packaging Enterprises In Abia State, Nigeria. Mouau.afribary.org: Retrieved Nov 10, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-logistics-management-on-the-marketing-performance-of-water-packaging-enterprises-in-abia-state-nigeria-7-2
VICTOR, UDE. "Effect Of Logistics Management On The Marketing Performance Of Water Packaging Enterprises In Abia State, Nigeria" Mouau.afribary.org. Mouau.afribary.org, 29 Nov. 2021, https://repository.mouau.edu.ng/work/view/effect-of-logistics-management-on-the-marketing-performance-of-water-packaging-enterprises-in-abia-state-nigeria-7-2. Accessed 10 Nov. 2024.
VICTOR, UDE. "Effect Of Logistics Management On The Marketing Performance Of Water Packaging Enterprises In Abia State, Nigeria". Mouau.afribary.org, Mouau.afribary.org, 29 Nov. 2021. Web. 10 Nov. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-logistics-management-on-the-marketing-performance-of-water-packaging-enterprises-in-abia-state-nigeria-7-2 >.
VICTOR, UDE. "Effect Of Logistics Management On The Marketing Performance Of Water Packaging Enterprises In Abia State, Nigeria" Mouau.afribary.org (2021). Accessed 10 Nov. 2024. https://repository.mouau.edu.ng/work/view/effect-of-logistics-management-on-the-marketing-performance-of-water-packaging-enterprises-in-abia-state-nigeria-7-2