Production Scheduling and Corporate Productivity Performance in the Nigerian Manufacturing Industry

Abstract

Operations and production managers have for long identified that production scheduling affects Corporate Productivity Performance of firms in the manufacturing industry. Studies on the influence of production scheduling mechanisms on firms' performance often overlook the possibility of it being taken for granted by managers in the course of manufacturing. This paper investigates the extent to which Production Scheduling, had affected the Corporate Productivity Performance of the Nigerian manufacturing industry. In this respect Corporate Productivity Performance is measured in the areas of cost minimization, enhanced equity capital and growth. Three hypotheses were formulated and questionnaire were distributed to eighty respondents in the eighty sampled manufacturing firms from the one hundred in the industry, quoted in the Stock Exchange(Fact Book 2009). Sixty two copies of the questionnaire were retrieved. These with the financial statements of the firms were used for the analysis. From its findings, the study revealed that production scheduling truly has insignificant impacts on Corporate Productivity Performance of Nigerian manufacturing industry. This finding implies that production Scheduling did not significantly affect the Corporate Productivity Performance of firms. Based on these, the study recommends among others, that the Nigerian manufacturing industry should totally be overhauled, especially in the areas of scheduling, in order to realign and restore the industry from total collapse.

Production Planning and Operational Efficiency in the Food and Beverage Industry in Nigeria

“…The result for the multivariate analysis revealed a significant role of moderation by organizational age on the association between production planning and operational efficiency implying that organizational age; invariably enhances activities related to production planning unto outcomes and measures such as cost minimization and capacity utilization. This aligns with previous findings in Umoh and Ify (2012) that firms should properly plan there production activities irrespective of the size and age.…”

“…From the analysis, it is clear that organizations that are able to properly plan there manpower and material resources can have an edge over competitors, as such will go a long way to enhancing capacity utilization and cost minimization. The findings further consolidate previous research by Umoh and Ify (2012); Weimer (1990) and ) in terms that highlighted the essence of improved layout of the workplace leads to rise in productivity of workers. The findings differ not from that of Higgins ( 2001) who stated that firms with effective production planning system perform better than those with poor approach as regarding performance measures.…”