The contribution of warehousing to supply chain resilience and firm performance
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Date
2023
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Publisher
KNUST
Abstract
In the current competitive business environment, it has become crucial for businesses to meet client demands within a shorter time constraint. Warehousing has been identified as principal tool to make it easier for goods to move from suppliers to customers, satisfying demand quickly and efficiently. Thus, the study used the Resource Based View (RBV) and the Viable System Model (VSM) to explain how warehousing influences financial performance, supply chain resilience, and economic performance. A quantitative approach and an explanatory design were utilised to provide answers to the research questions. With respect to the time horizon, a cross-sectional design was adopted to gather data from the respondents. The population of the study was made up of employees working in production, warehouse, procurement, and supply chain departments. A sample of 200 participants was selected through the convenience sampling technique. A regression analysis was conducted to test the relationships. Furthermore, correlation tests revealed that there was a positive but very weak relationship between warehousing and financial performance, supply chain resilience, and economic performance. The regression results showed that warehousing significantly predicted the financial performance of the selected organisations. However, the results revealed that warehousing has an insignificant influence on supply chain resilience and economic of the selected organisations. The study helps to improve managerial insight for warehouse management and supply chain resilience. It also contributes to the existing studies about warehousing, supply chain resilience and firm performance by explaining and analysing their relationships.
Description
A thesis submitted to the department of supply chain and information systems in partial fulfillment of the requirement for the award of the degree of master of science procurement and supply chain management