Supply Chain Management: A Game Changer in the Oil and Gas industry in Nigeria: A Review of Literature

Authors

  • Dr. Akintokunbo, Oluwarotimi Odunayo Rivers State University, Nkpolu-Oroworukwo, Port Harcourt, Nigeria
  • Arimie, Biebele Emmanuel Rivers State University, Nkpolu-Oroworukwo, Port Harcourt, Nigeria

DOI:

https://doi.org/10.47941/ijscl.729
Abstract views: 993
PDF downloads: 620

Keywords:

Supply Chain, Supply Chain Management, Oil and Gas Industry, Lean, Innovation, Environmental Sustainability and Game Changer

Abstract

Nigeria has abundant deposit and supply of accessible crude oil and gas resources and it remains the mainstay of her economy. The oil and gas industry in Nigeria is a part of the global oil and gas market which depends on effective and efficient supply-chain management system for the seamless procurement of goods and services (domestic and international), logistics, operations and production management, warehousing, storage of goods from organisations supplier’s suppliers to the customer’s customers with the help of adequate use of modern information and communication technology. The purpose of this study was to examine supply chain management: a game changer in the oil and gas industry in Nigeria. The paper is largely a literature review, hence a desk research methodology was adopted. The paper revealed that the industry offers a classic model for changing the competition game in the sector through a lean, innovative and environmentally sustainable integrated supply chain management system, as today’s competition is no longer between organizations, but among supply chains that compete to reduce their cost of acquisition, production, logistics and warehousing along the chain while delivering customers products and services of quality at the right time, quantity and quality, at the right place and total cost, and creating value throughout the chain.

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Author Biographies

Dr. Akintokunbo, Oluwarotimi Odunayo , Rivers State University, Nkpolu-Oroworukwo, Port Harcourt, Nigeria

Department of Management, Faculty of Management Sciences

Arimie, Biebele Emmanuel, Rivers State University, Nkpolu-Oroworukwo, Port Harcourt, Nigeria

Department of Marketing (Supply Chain and Logistics Option), Faculty of Management Sciences

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Published

2021-11-30

How to Cite

Akintokunbo, O. O. ., & Arimie, B. E. (2021). Supply Chain Management: A Game Changer in the Oil and Gas industry in Nigeria: A Review of Literature . International Journal of Supply Chain and Logistics, 5(3), 54–68. https://doi.org/10.47941/ijscl.729

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