Assessing the effect of warehouse practices on material management in the oil and gas industry. The moderating role of transportation capacity. A case study of Tullow Ghana limited
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Date
2023
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KNUST
Abstract
Many organizations recently face challenges in managing the efficient flow of their materials, both physical supply and physical distribution. Today's business environment requires implementing innovative solutions to effectively manage increasingly complex warehouse management activities while simultaneously reducing operational expenses. This study examined the effect of warehouse practices and transportation capacity on materials management in the oil and gas sector using Tullow Ghana Ltd as a case in the Takoradi Municipal. A sample of 100 management and non-management staffs were selected for the study. Questionnaires were used as the main instrument of data collection. The study revealed an overall mean score of 3.92, which shows that the respondents agreed that Tullow Ghana Ltd address the warehousing practice in material management of the organization such as warehouses are well-organised and the layout supports efficient material handling regular management and inspection of warehouse equipment and infrastructure are conducted, advanced technology is used for tracking and managing inventory within warehouses, effective safety measures and protocols are in place to prevent accidents in the warehouses. Also, with an overall mean score of 3.86, these findings show that the respondents agreed that Tullow Ghana Ltd address the transportation capacity of the organization in material management such as the transportation resources (e.g., vehicles, vessels) are readily available when need. Comparatively, the findings of this study show that warehousing practice (Beta=0.518, p-value=0.000) has the highest effect on the material management of Tullow Ghana Ltd than transportation capacity (Beta= 0.466, p-value= 0.000). Tullow Ghana Ltd should create a standard operating procedure to govern all of the operations inside of its warehouse as the first and most immediate action. The execution of it would require staff training, and it should be strictly enforced.
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A dissertation submitted to the institute of distance learning (idl), Kwame Nkrumah university of science and technology, Kumasi in partial fulfilment of the requirements for the award of master’s degree in logistic and supply chain management