JUST-IN-TIME INVENTORY MANAGEMENT PRACTICES AND SUPPLY CHAIN PERFORMANCE OF FOAM MANUFACTURING COMPANIES IN NASARAWA AND PLATEAU STATES NIGERIA

Abstract

The just-in-time is the way to efficiency because it helps in cost reduction and time efficiency in production. This study exploresjust-in-time inventory management practices and supply chain performance of foam manufacturing companies in Nasarawa and Plateau states, Nigeria. The specific objectives are to; assess the effect of technology on the supply chain performance of foam manufacturing companies in Nasarawa and Plateau states, Nigeria and investigate the effect of warehouse system on supply chain performance of foam manufacturing companies in Nasarawa and Plateau states, Nigeria. From the manufacturers association of Nigeria (MAN) there is one foam manufacturing firm in each of Nasarawa and Plateau state, 497 employees that form the population of the study. The study used the Taro Yamane formula to determine a sample size of 244 for the study. A closed-ended questionnaire was used for data collection. The statistical tool used for analysis was descriptive statistics that is (mean, and standard deviation) and SPSS software version 25 was used for regression. The results show a positive and significant relationship between technology and supply chain performance and negative and insignificant relationshipbetween warehouse system and supply chain performance. The study recommended that both United and Vita foam should integrate digital application such as (AI, Blockchain, IoT, and Cloud based solution) in their operation, also Identify inefficiencies by evaluating the warehouse system and try to integrate the warehouse system with other supply chain system