Logistics Innovation and Organizational Competitiveness of Maritime Companies in South-West Nigeria

This study examined logistics innovation and organisational competitiveness of maritime companies in South-West Nigeria. The study applied the positivist research philosophy and correlational research design. The population of this study comprised 51 registered maritime companies in South-West Nigeria. A sample size of 21 maritime companies was selected using a purposive sampling technique. The sampling units were made up of managers of the selected maritime companies in South-West Nigeria. Data were collected from the respondents using a structured questionnaire. The data collected were analysed statistically while the Spearman Rank Order Correlation Coefficient (rho) was used to test the formulated hypotheses. The findings revealed that transportation innovation has a significant relationship with customer satisfaction and customer patronage of maritime companies. The study equally revealed that warehousing innovation has a significant relationship with customer satisfaction and customer patronage of maritime companies. Based on these findings, it was concluded that logistics innovation such as transportation innovation and warehousing innovation are significant predictors of organisational competitiveness in the maritime sector in South-West Nigeria. Based on the findings and conclusion, it was recommended that maritime companies in Nigeria should adopt logistics innovation strategies as it would improve their competitiveness in the dynamic and fast-changing environment.

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Publication Details

Journal
International Journal of Entrepreneurship and Business Innovation
Published
2024-09-20
DOI
https://doi.org/10.52589/ijebi-kcy4dkuf
Citations
1
Primary Topic
Maritime Ports and Logistics
Type
article
Field-Weighted Citation Impact
0.35
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article

Logistics Innovation and Organizational Competitiveness of Maritime Companies in South-West Nigeria

C. C. Ifekanandu
1 citations
International Journal of Entrepreneurship and Business Innovation
Maritime Ports and Logistics
0.35
article

Logistics Innovation and Organizational Competitiveness of Maritime Companies in South-West Nigeria

C. C. Ifekanandu
article en
1 citations

Abstract

This study examined logistics innovation and organisational competitiveness of maritime companies in South-West Nigeria. The study applied the positivist research philosophy and correlational research design. The population of this study comprised 51 registered maritime companies in South-West Nigeria. A sample size of 21 maritime companies was selected using a purposive sampling technique. The sampling units were made up of managers of the selected maritime companies in South-West Nigeria. Data were collected from the respondents using a structured questionnaire. The data collected were analysed statistically while the Spearman Rank Order Correlation Coefficient (rho) was used to test the formulated hypotheses. The findings revealed that transportation innovation has a significant relationship with customer satisfaction and customer patronage of maritime companies. The study equally revealed that warehousing innovation has a significant relationship with customer satisfaction and customer patronage of maritime companies. Based on these findings, it was concluded that logistics innovation such as transportation innovation and warehousing innovation are significant predictors of organisational competitiveness in the maritime sector in South-West Nigeria. Based on the findings and conclusion, it was recommended that maritime companies in Nigeria should adopt logistics innovation strategies as it would improve their competitiveness in the dynamic and fast-changing environment.

International Journal of Entrepreneurship and Business InnovationVol. 7(3)
Openalex Percentile: Top 36%
Maritime Ports and Logistics
0.35
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