{"title":"Green Supply Chain Management and Organizational Performance of Fast-Moving Consumer Goods Firms in Lagos Nigeria","authors":"O. O. Soyege, G. Makinde, B. Akinlabi","doi":"10.47672/ije.1517","DOIUrl":null,"url":null,"abstract":"Purpose: The fast-moving consumer goods firms plays a vital role in the microeconomic and macroeconomic sectored of every economy. However, these organisations are accused of polluting the environment and engaging in practices that are not sustainable. The firms have performed below expectations attributable to non-compliance with green supply management such as green procurement, green distribution, green warehousing, materials management and reverse logistics. This study therefore investigated the effect of green supply chain management on the performance of fast-moving consumer goods in Lagos State, Nigeria. \nMethodology: The study adopted a survey research design. The population of the study was 418 middle and top-level management staff from selected quoted fast-moving consumer goods firms in Lagos State, Nigeria. The study adopted the total enumeration method. Data was collected using a valid and reliable questionnaire with a Cronbach’s alpha coefficients ranging from 0.700 to 0.892. The response rate was 100%. Data were analysed using both descriptive and inferential statistics (Multiple regression analysis). \nFindings: Findings revealed that green supply chain management had positive and significant effect on the performance of selected fast-moving consumer goods companies in Lagos State, Nigeria (Adj. R2 = 0.482, F (5, 407) = 77.600, p < 0.05). The study concluded that green supply chain management practices enhanced organisational performance of selected fast-moving consumer goods companies in Lagos State, Nigeria. \nRecommendations: The study therefore recommended that management of fast-moving consumer goods firms in Nigeria should prioritise the implementation of green procurement, green warehousing, material management, and reverse logistics practices to enhance their overall performance. Also, the management of consumer goods firms in Lagos State should concentrate on optimising their material management processes, such as inventory control, demand forecasting, and supplier collaboration. \n ","PeriodicalId":39119,"journal":{"name":"International Journal of Entrepreneurship","volume":" ","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Journal of Entrepreneurship","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.47672/ije.1517","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"Economics, Econometrics and Finance","Score":null,"Total":0}
引用次数: 0
Abstract
Purpose: The fast-moving consumer goods firms plays a vital role in the microeconomic and macroeconomic sectored of every economy. However, these organisations are accused of polluting the environment and engaging in practices that are not sustainable. The firms have performed below expectations attributable to non-compliance with green supply management such as green procurement, green distribution, green warehousing, materials management and reverse logistics. This study therefore investigated the effect of green supply chain management on the performance of fast-moving consumer goods in Lagos State, Nigeria.
Methodology: The study adopted a survey research design. The population of the study was 418 middle and top-level management staff from selected quoted fast-moving consumer goods firms in Lagos State, Nigeria. The study adopted the total enumeration method. Data was collected using a valid and reliable questionnaire with a Cronbach’s alpha coefficients ranging from 0.700 to 0.892. The response rate was 100%. Data were analysed using both descriptive and inferential statistics (Multiple regression analysis).
Findings: Findings revealed that green supply chain management had positive and significant effect on the performance of selected fast-moving consumer goods companies in Lagos State, Nigeria (Adj. R2 = 0.482, F (5, 407) = 77.600, p < 0.05). The study concluded that green supply chain management practices enhanced organisational performance of selected fast-moving consumer goods companies in Lagos State, Nigeria.
Recommendations: The study therefore recommended that management of fast-moving consumer goods firms in Nigeria should prioritise the implementation of green procurement, green warehousing, material management, and reverse logistics practices to enhance their overall performance. Also, the management of consumer goods firms in Lagos State should concentrate on optimising their material management processes, such as inventory control, demand forecasting, and supplier collaboration.
期刊介绍:
International Journal of Entrepreneurship (IJE) is an open access publication affiliated to the Allied Business Academies. The Editorial Board of the IJE exercises complete control over the editorial content of the Journal. IJE invites authors to submit manuscripts throughout the year to get accommodated. The Journal welcomes participants in its associated conferences to submit their manuscripts for accelerated review. IJE encourages theoretical and empirical research in the field of Entrepreneurship and economic development and all the manuscripts submitted for publication are subjected to a thorough double blind peer review process. The journal aims to expand the horizon of this scientific discipline through constant dissemination of innovations and knowledge sharing to further the reader’s understanding on the entrepreneurial skills and entrepreneur development. Its current acceptance rate of manuscripts is 30%.