Effect of Management Information Flow and Warehousing Management Activities on Profitability of Cattle Dealers in Selected Cattle Markets in Lagos State, Nigeria

Effect of Management Information Flow and Warehousing Management Activities on Profitability of Cattle Dealers in Selected Cattle Markets in Lagos State, Nigeria

Author by Dr. Victoria O Akpa

Journal/Publisher: The Journal Of Social Sciences Research

Volume/Edition: 5

Language: English

Pages: 1875 - 1884

Abstract

Logistics management is an essential ingredient for organizations in gaining higher profitability. Most livestock/cattle supplier in Nigeria do not employed effective logistics management which in turn negatively affect meat/cattle delivery to their customers, inventories, and profit performance. This study examined the effect of management information flow and warehousing management activities on profitability of cattle dealers in selected markets in Nigeria. This study employed descriptive survey design. The target population comprised 4, 248 cattle dealers across the eight approved Abattoir/ markets in Lagos State. A multi-stage sampling technique was adopted to select the sample size of 437. A close-ended well-structured survey questionnaire was adapted, validated and used for collecting data for the study. The Cronbach’s alpha coefficients for the constructs were 0.931. The response rate to the 437 copies of the questionnaire administered was 82.7%. Data were analyzed using structural equation model (SEM). Findings revealed that management of information flow had significant positive effect on the profitability of cattle dealers in selected cattle markets in Lagos State (?= 0.269, t=5.450, pvalue<0 t=9.085,>

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