Supply Chain Efficiency and Manufactured Capital of Conglomerates in Nigeria

References

[1] Agbonghae A. (2024) Role of Supply Chain in Maximizing Revenue and Profits. International Journal of Small Business and Entrepreneurship Research. 12(3): 79-86.

[2] Babu, K. S. R. and Satyanarayana, A. V. (2019): Inventory Holding Period Analysis of SAP Implemented. International Journal of Computer Applications (IJCA) 1(2):1–9.

[3] Erawati, T., Ndamunamu, M. S., Endo, O. K. P. and Dwitriani, F. (2025): The Importance of Assets Turnover and Profitability the Sustainable Growth Rate of Company in Achieving Sustainable Development Goals (SDGs). Journal of Lifestyle and SDGs Review 5(3): DOI: 10.47172/2965-730X.SDGsReview.v5.n03.pe04782.

[4] Kwak, J. K. (2019): Analysis of Inventory Turnover as a Performance Measure in Manufacturing Industry. Processes 7(10):760-777 DOI: 10.3390/pr7100760.

[5] Lilia, B. and Yasmina, G. (2024): The impact of supply chain management on the performance marketing of Algerian economic institutions: A case study of Biskria Cement Company. Economics Financial Banking & Management Journal 13(01): 687-704.

[6] Okeke, C. E., Arumona, J. O. and Aza, S. M. (2025): Financial and Manufactured Capital Reporting and Firm Value of Listed Consumer and Industrial Goods Firms in Nigeria: A Comparative Analysis. International Journal of Research and Innovation in Social Science 9(9):5055-5084. DOI: 10.47772/IJRISS.2025.909000412.

[7] Oladipupo, O. F. and Azeez. O. A. (2022): Effect of sales revenue growth on the corporate performance of Nigerian listed foods and beverages manufacturing firms. Review of Business and Economics Studies 2(10):6-12. DOI: 10.26794/2308-944X 2022-10-2-6-12

[8] Omare, D. A., Omondi, M. A., Opanyi, R. O. (2025). Effect of manufactured capital reporting on the firm value of listed companies in Kenya. International Academic Journal of Economics and Finance (IAJEF) | ISSN 2518-2366, 5(1), 125-142.

[9] Panle , R. A. and Okpara, A. J. (2024). Strategic Supply Chain Management Impact on Profitability of Manufacturing Companies in Plateau State. (A Case Study of Swan Paint Nigeria Limited Jos South). Iris Journal of Economics and Business Management. 2(5): 1-11 IJEBM.

[10] Patin, J. C., Rahman, M. and Mustafa, M. (2020): Impact of Total Asset Turnover Ratios on Equity Returns: Dynamic Panel Data Analyses. Journal of Accounting Business and Management (JABM) 27(1):19. DOI: 10.31966/jabminternational.v27i1.559.

[11] Raoa, C. M. and Rao, K. P. (2009): Inventory Turnover Ratio as a Supply Chain Performance Measure. Serbian Journal of Management 4 (1): 41- 50.

[12] Roumel C., (2024): Optimizing Supply Chain Efficiency: Key Strategies for Modern Businesses. Journal of Management Information and Decision Sciences 27(4): 1-4.

[13] Simon-Ilogho, B. E. (2025): Inventory turnover ratio and firm profitability: A study of listed agricultural firms in Nigeria. Humanities and Social Sciences Letters 13(4): 1596-1614. DOI:10.18488/73.v13i4.4536.

[14] Wajo, A. R. (2021): Effect of Cash Turnover, Receivable Turnover, Inventory Turnover and Growth Opportunity on Profitability. Jurnal Ilmiah Akuntans I 4(1): 61-69 DOI: 10.57178/atestasi.v4i1.165.

[15] Yin, Q. and Tian Q. (2022): Supply Chain Efficiency and Effectiveness Management: Decision Support Systems. International Journal of Information Systems and Supply Chain Management 15(5):1-16. DOI:10.4018/IJISSCM.304825

@article{1719103,
      author = {Eteyen Sunday Ikpong, Enoch Abasido David},
      title = {Supply Chain Efficiency and Manufactured Capital of Conglomerates in Nigeria},
      journal = {Iconic Research And Engineering Journals},
      year = {2026},
      volume = {9},
      number = {12},
      pages = {2383-2396},
      issn = {2456-8880},
      url = {https://www.irejournals.com/formatedpaper/1719103.pdf},
      abstract = {The aim of this study was to determine how efficient the conglomerate companies were in their supply chain for the period 2016 to 2025.  The dependent variable was Manufactured Capital which encompasses the machinery, tools, infrastructure, and technology used in the production and distribution of goods while Supply Chain Efficiency was independent variable and were expressed with Inventory Turnover Ratio, Turnover Growth Ratio and Asset Turnover Ratio.  Data for the work were accessed from published financial statements of the companies in Nigeria for the period 2016 to 2025 (10 years).  Multiple linear regression technique was used to analyse the sourced data. Major findings of the study were that Inventory Turnover Ratio had negative relationship with Manufactured Capital of the firms; Turnover Growth Ratio had positive relationship while Asset Turnover Ratio also had negative relationship for the period 2016 to 2025. The study showed that only Turnover Growth Ratio had positive relationship with Manufactured Capital while the rest had negative relationships.  It therefore recommended that Corporate Managers should work towards growing the turnover of their organizations since this ratio positively had relationship with Manufactured Capital.},
      month = {June},
      doi = {https://doi.org/10.64388/IREV9I12-1719103}
  }