scholarly journals Material Requirement Planning and Supply Chain Performance of Oil and Gas Firms in Rivers State, Nigeria

2021 ◽  
Vol 6 (2) ◽  
pp. 10-25
Author(s):  
Oluwarotimi Akintokunbo ◽  
Otonye Obom
Keyword(s):  
Supply Chain ◽  
Data Collection ◽  
Sample Size ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Supply Chain Performance ◽  
Material Requirement Planning ◽  
Material Requirement ◽  
Oil And Gas Firms ◽  
Rivers State

Purpose: This study examined the relationship between material requirement planning and supply chain performance of Oil and Gas firms in Rivers State, Nigeria. Methodology: The study adopted an explanatory research design with a causal type of investigation. Both primary and secondary methods of data collection were used to obtain relevant data for analysis. The instrument of data collection employed was the questionnaire. The study population comprised of two hundred and ninety-three (293) oil and gas servicing firms operating in Rivers State as enlisted in the Nigerian oil and gas industry annual report (2020). The sample size for the study comprised 149 oil and gas firms in Port Harcourt, Rivers state. The sample size was determined using the Taro Yamene formula. Furthermore, the researcher selected one management staff from each of the oil and gas firms operating in Rivers State as respondents for the study hence a total of one hundred and forty nine (149) respondents were used for the study. The data was analyzed using the Pearson’s Product Moment Correlation statistic through the aid of statistical packages for social science version 23.0. Findings: The result of the study revealed the existence of significant and positive relationship between material requirement planning and supply chain performance of oil and gas firms in Rivers State. Recommendation: The researcher concluded that material requirement planning affect supply chain performance of oil and gas firms in Rivers state and therefore recommended that managers of oil and gas firms should strategically manage their material and inventory processes in other to improve their supply chain performance.  

scholarly journals COLLABORATIVE MANAGEMENT AND ORGANISATIONAL RESILIENCE: EVIDENCE FROM THE OIL AND GAS INDUSTRY OF A DEVELOPING ECONOMY

2021 ◽  
pp. 1-15
Author(s):  
Christiana ACHEBELEMA ◽  
◽  
Damiebi ACHEBELEMA ◽  
Keyword(s):  
Organizational Leadership ◽  
Oil And Gas ◽  
Rank Order ◽  
Oil And Gas Industry ◽  
Collaborative Management ◽  
Cross Sectional ◽  
Gas Industry ◽  
Quasi Experimental ◽  
Oil And Gas Firms ◽  
Rivers State

This study examined the link between collaborative management and organizational resilience in the oil and gas industry in Rivers State. The quasi-experimental and cross-sectional research designs were adopted. The population is made of 72 managers, supervisors, and HODs of oil and gas firms in Rivers State. The census technique was used for the sampling since the population is relatively small. The Spearman's Rank Order Correlation Coefficient (Rho) was used for the analysis with the aid of SPSS. It was concluded that a sound leadership climate can change the direction of any organization towards achieving its stated goals. This means a good leadership climate could induce high-level firm alliance. Organizational leadership climate is a composition variable that can be brought to bear in proffering varying solutions to the underlying issues in any organization. The outcome of this study resulted in the following recommendations: Collaborative management encourages positive bahaviours towards robustness. Hence, management ought to take decisional actions to increase awareness and improve productivity towards developing timely diverse solutions in handling organizational challenges. Collaborative management improves top-level decision-making to enhance resourcefulness. Therefore, management should encourage employees to make personal decisions about the disturbances and complex problems they face in their job towards preserving their position in the industry. Organizational leadership should build a climate designed to encourage robustness and resourcefulness as that will induce the needed growth towards its desired heights to foster resilience.

scholarly journals Industry 4.0 and Supply Chain Performance in the Oil and Gas Industry

2021 ◽  
Vol 9 (11) ◽  
pp. 2555-2560
Author(s):  
Akintokunbo, Oluwarotimi Odunayo ◽  
Idadokima, Samuel
Keyword(s):  
Supply Chain ◽  
Industry 4.0 ◽  
Communication Systems ◽  
Oil And Gas ◽  
Secondary Data ◽  
Oil And Gas Industry ◽  
Review Literature ◽  
Performance Measurement System ◽  
Supply Chain Performance ◽  
Exploratory Research

The purpose of this study is to investigate industry 4.0 and supply chain performance. Extant literature was reviewed. Secondary data such as E-books, journal articles projects were used. Exploratory research design was used for the study. Based on the review literature, it was revealed that, integrated supply chain performance measurement system (SCPMS) is paramount for an efficient supply chain management (SCM) at inter-organizational and beyond-the-boundary processes. The recent technological innovations (internet of things (IoTs), big data, and web-based communication systems) revamp the SCPMS through effective data collection, information sharing, and framework integration among the different SC partners across nations. The study recommend for further research on the obstacles facing industry 4.0 and supply chain performance in the oil and gas industries across nations.

Blockchain and 6G-Based Supply Chain Management Framework for Oil and Gas Shipment

2021 ◽  
Author(s):  
Md Abdur Rahman ◽  
Syed M. Belal
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Oil And Gas ◽  
Current System ◽  
Oil And Gas Industry ◽  
Chain Process ◽  
Chain Management ◽  
It Systems ◽  
Supply Chain Management System ◽  
Gas Supply

Abstract Keeping track of the oil and gas supply chain is challenging task as the route and transportation requires sophisticated security environment - both physical systems’ and IT systems’ security. Thanks to the recent advancement in IoT, specialized sensors can keep track of the required supply chain environment. With the help of blockchain, the supply chain data can be immutably saved for further sharing with stakeholders. Due to the introduction of AI as an embedded element within 6G networks, the end-to-end supply chain process can now be automated for safety, security, and efficiency purposes. By leveraging 6G, AI, blockchain, and IoT, the supply chain data during the transportation or at rest can be monitored for any changed environment during the movement of the ship through national or international routes. In this paper, we study the requirements of such intelligent and secure supply chain management system conducive to the oil and gas industry. We also show our proof-of-concept implementation and initial test results. Our obtained results show promising prospect of the current system to be deployed to safeguard the oil and gas supply chain.

scholarly journals An empirical study of oil and gas value chain agility in the UAE

2018 ◽  
Vol 25 (9) ◽  
pp. 3541-3569 ◽  
Author(s):  
Ala Shqairat ◽  
Balan Sundarakani
Keyword(s):  
Supply Chain ◽  
United Arab Emirates ◽  
Value Chain ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Value Chains ◽  
Study Region ◽  
Content Type ◽  
Moderate Effect ◽  
The Impact

Purpose The purpose of this paper is to investigate the agility of oil and gas value chains in the United Arab Emirates (UAE) and to understand the impact of implementing supply disruption (SD) strategies, outsourcing strategies (OS) and management strategies (MS) on oil and gas value chain agility (VCA). The results can support the oil and gas industry across the UAE to build resilience in the value chain. Design/methodology/approach The research design consists of a comprehensive literature review, followed by questionnaire-based survey responses of 106 participants and comprehensive statistical analysis, thus validate the developed theoretical framework and contribute to both practical and methodological approaches. Findings The findings indicate that oil and gas value chain in the UAE has moderate a significant degree of SD, when OS in place that are synchronized with the overall MS. Among the hypotheses developed, two were accepted thus warranting both SD strategies (r=+0.432) and MS (r= +0.457) found to have a positive moderate effect on VCA. The third hypothesis was rejected by revealing OS (r=+0.387) found to have a positive moderate relationship with VCA. Therefore, implementation of all three strategies has a positive moderate effect on the agility of the value chain and, therefore, supports to sustain competitive position. Research limitations/implications Some of the limitations of this research include the geographic coverage of the study region and other methodological limitation. Practical implications The research provides guidance for oil and gas supply chain managers to better understand the critical factors that impact and determine VCA. The paper also describes relevant strategies that should be taken into consideration by these managers in order to build their agile value chains. Social implications The research contributes to the social dimensions of supply chain sustainability of how resilient is the oil and gas value chain during uncertain conditions, so that it can respond to uncertain changes in order to contribute to corporate social responsibility. Originality/value This research is the first of its kind in the UAE region to assess the link between dimensions of agile value chain, OS, SD strategies and MS primarily from the Emirates of Abu Dhabi and Dubai.

scholarly journals RELATIONSHIP BETWEEN RISK IDENTIFICATION MANAGEMENT STRATEGY AND SUPPLY CHAIN PERFORMANCE AMONG MANUFACTURING COMPANIES IN KENYA

2017 ◽  
Vol 1 (2) ◽  
pp. 101-118
Author(s):  
Dr.David Kiarie ◽  
Dr. Patrick Ngugi ◽  
Dr. Kennedy Ogollah
Keyword(s):  
Supply Chain ◽  
Sample Size ◽  
Management Strategy ◽  
Target Population ◽  
Risk Identification ◽  
Internal Quality ◽  
P Value ◽  
Supply Chain Performance ◽  
Manufacturing Companies ◽  
Whole Life Costing

Purpose: The purpose of this study was to determine relationship between risk identification management strategy and supply chain performance among manufacturing companies in KenyaMethodology:The study adopted a cross-section survey of descriptive nature .The target population comprised of the 412 manufacturing companies within Nairobi County that were registered members of KAM. The fisher et al formula for calculating the sample size was used to yield a sample size of199. Data was collected using questionnaires and analyzed using statistical package of social sciences (SPSS) version 21 as a tool of analysis.Results: The study findings revealed that the constructs of risk identification management strategy combined together influenced supply chain performance as supported by a p value of 0.000.)Policy recommendation: the study recommended that manufacturing companies should put in place a risk analysis and evaluation management strategy to enhance supply chain performance. In particular, companies should consider conducting whole life costing of suppliers and also internal quality of suppliers.

PLANNING OF SALES AND OPERATIONS (S&OP) AS A TOOL FOR OPTIMIZING THE PROCESS OF MATERIAL AND TECHNICAL SUPPORT OF THE OIL AND GAS COMPLEX

2021 ◽  
Vol 2 (1) ◽  
pp. 11-16
Author(s):  
Milena Vladimirovna Zagrebelskaya ◽  
Keyword(s):  
Supply Chain ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Technical Support ◽  
Integrated Planning ◽  
Gas Industry ◽  
Operations Planning ◽  
Information Logistics ◽  
Modern Information ◽  
Oil And Gas Enterprises

The article providesthe main problems of oil and gas enterprises in the supply chains in the loop of procurement based onexample of Uzbekneftegaz. The possibilities of modern information logistics technologies in solving the above problems are reflected. The author's model of integratedplanning based on the logistics technology Sales & Operations Planning, taking into account the peculiarities of the oil and gas industry, is proposed for implementation at oil and gas enterprises in order to improve the efficiency of the planning and implementation of business processes.Key Words:logistics, supply chain, sales and operations planning, S&OP, oil and gas complex, integrated planning

Lower oil prices raise risk of US oil firms defaulting

2020 ◽  
Keyword(s):  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Cash Flows ◽  
Transport Sector ◽  
Carbon Intensity ◽  
Content Type ◽  
The Us ◽  
Distressed Firms ◽  
Exploration And Production ◽  
Oil And Gas Firms

Subject US energy bond market. Significance The US benchmark, the West Texas Intermediate crude oil price, has slumped to 20-30 dollars per barrel in the second half of this month as the impacts of the COVID-19 outbreak have reduced demand and the breakdown of OPEC+ talks earlier this month increased supply. The price war between Saudi Arabia and Russia will exert great pressure on the oil and gas industry, which was already facing slower growth because businesses and the transport sector are reducing the carbon intensity of their activity. Impacts If US exploration and production firms cut investment, already distressed firms in ancillary areas such as oilfield services will suffer. Unemployment in the US shale industry could increase sharply. US oil and gas firms will try to protect their cash flows by, for example, selling assets, cutting dividends and raising fresh capital.

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