EFFECTIVE MATERIAL MANAGEMENT AND FIRM’S PRODUCTIVITY IN SELECTED ALUMINUM MANUFACTURING FIRMS IN DELTA STATE, NIGERIA
This study investigated how effective material management (MMGT) affects firm’s productivity in selected aluminum manufacturing firms in Delta State, Nigeria. The specific objectives of the study are to ascertain effect of the measures of effective MMGT, namely; Planning Strategy (PS), Material Control Management (MCM) and Work-In-Progress Management (WIPM) on Firm’s Productivity (FP). The respondents' responses were collected using a five (5) likert scale questionnaire. This study's population is 293 people, with a sample size of 169 employees from the selected Aluminium company in Delta State, Nigeria. The questionnaire was coded using an excel spreadsheet, and the respondents' profiles were analysed manually using basic percentage, while descriptive statistics, correlation matrix, and multiple regression used statistical tools in SPSS version 23. The findings showed that there is a substantial positive association between PS, MCM, and WIPM and FP. The study's findings indicate that good MMGT has a positive and significant effect on company productivity in selected Aluminium manufacturing enterprises in Delta State, Nigeria. As a result, the study proposed that Aluminium manufacturing firms adopt a policy framework to promote speedier implementation of material control systems in Nigerian Aluminium production in order to excel and ensure its future, hence increasing organisational efficiency.
Keywords: Material, Management, Productivity, Planning, Strategy and Work-In-Progress.
Copyright (c) 2024 Sakpaide, Efe Joseph, PhD
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