期刊名称：International Journal of Economics & Management Sciences
电子版ISSN：2162-6359
出版年度：2011
卷号：1
期号：7
语种：English
出版社：OMICS International
摘要：The objective of this study was to examine the relationship between Materials Management and success of manufacturing firms. The empirical analysis focused on the Nigerian Bottling Company Plc (NBC), being one of the largest manufacturing firms in Nigeria. Data was collected through a structured questionnaire, supported by interview. Using Chi-square (y°) test of independence, the results provided evidence of a positive significant relationship between efficient Materials Management and firm success. The implication of this is that through efficient management of materials, a manufacturing firm can achieve significant cost saving, improvement in production efficiency, and increase in profitability. The study also found that inter-departmental coordination, effective inventory management, good relationship with vendors, and state-of-the-art facilities/ICT were significant success factors of Materials Management. This study showed that for manufacturing industries to experience remarkable success in their performance, priority must be given to Materials Management as a total concept.
