Transportation and physical distribution are elements of logistics management which organizations realized that improvement in logistics would enable them to gain competitive advantage and achieved higher profitability around the world. Transportation of livestock (sheep, rams, cattle, goats) from the north to the south in Nigeria is very expensive and risky business among illiterate livestock dealers. Also, the livestock are kept standing, and some cases lying in the vehicles throughout the long journey of between 2-3 days with bad shape of most Nigerian roads which trucks and vehicles are prone to accidents. This study examined the effect of transportation and physical distribution management on profitability of livestock dealers in selected livestock markets in Ogun State, Nigeria. This study adopted survey research design. The population of the study comprised 1678 livestock dealers across four main divisions (Remo, Ijebu, Yewa, Egba) of Ogun State. The sample size estimated through raosoft sample size calculator was 407 selected through a multi-stage sampling technique.This sampling technique was used because livestock dealers are scattered across the four main divisions of Ogun State. A structured and adapted survey questionnaire was validated and used for collecting of data for the study. The Cronbach’s alpha coefficients for the constructs, ranged from 0.782 to 0.838. The response rate was 79.7%. Data were analyzed using descriptive statistics (Partial Least Square Structural equation modeling). Findings revealed significant influence of transportation management activities on the profitability of livestock dealers in selected markets in Ogun State β=.495, t=11.814, p<0.05). Physical distribution management had effect on profitability of livestock dealers in selected livestock markets in Ogun State (β=.839, t=41.453, p<0.05). The study concluded that logistics management has the opportunity to increase the profitability of livestock dealers and to be recognized for that contribution by implementing initiatives in the areas of transportation management activities and physical distribution management. It recommended a channel that enables faster distribution of livestock and at lower cost should be put in place. Also, it is necessary because physical distribution of livestock is essential for livestock dealers to realize their potential revenue and achieve customer satisfaction.
(10) years (2001)(2002)(2003)(2004)(2005)(2006)(2007)(2008)(2009)(2010). Data were analyzed using panel regression analysis. The study supported the hypothesis that corporate governance positively affects performance of firms. In conclusion, the study shows that poor asset quality and corporate control (defined as the ratio of non-performing loan to credit) and loan deposit ratios negatively affect financial performance and vice visa.
Logistics management is an essential ingredient for organizations in gaining higher profitability. The goal of logistics management was to optimize the number, size, and geographical arrangement of plant and warehouse facilities, select transportation methods, and control distribution costs. There has been shortfall in the supply of cattle and its products due to the considerable spatial separation of production area from consumption area and other ancillary factor. Also, most livestock/cattle supplier in Nigeria do not employed effective logistics management which in turn negatively affect meat/cattle delivery to their customers, inventories, and profit performance. This study examined the effect of management information flow and warehousing management activities on profitability of cattle dealers in selected markets in Nigeria. This study employed descriptive survey design. The target population comprised 4, 248 cattle dealers across the eight approved Abattoir/ markets in Lagos State. A multi-stage sampling technique was adopted to select the sample size of 437. A close-ended well-structured survey questionnaire was adapted, validated and used for collecting data for the study. The Cronbach’s alpha coefficients for the constructs were 0.931. The response rate to the 437 copies of the questionnaire administered was 82.7%. Data were analyzed using structural equation model (SEM). Findings revealed that management of information flow had significant positive effect on the profitability of cattle dealers in selected cattle markets in Lagos State (β= 0.269, t=5.450, p-value<0.05). Warehousing management activities had significant positive effect on the profitability of cattle dealers in selected cattle markets in Lagos State β=0.391, t=9.085, p<0.05). The study concluded that logistics management had significant and positive effect on the profitability of cattle dealers in selected markets in Lagos State. It was recommended that internal structure and systems that allow free and timely flow of information between cattle dealers and primary producers/cattle farmers should be put in place. Further, there should provision adequate linkage between the different players involved in the meat production/ processing value chain. Also, a strategic approach to logistics management through embracing modern technology and employee training is recommended.
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