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Journal of Emerging Trends in Economics and Management Sciences (JETEMS)

ISSN: 2141-7024

 

Article Title:
Consummate Precision of Strategic Management Approach on Transport Logistics and Physical Distribution for Port Performance Efficiency: A Case Study of Nigerian Ports
by Ogunsiji A.Sola and Ogunsiji O. Oba

Abstract:
Logistics is viewed as the process of planning, implementing and controlling the efficient flow and storage of raw materials in process, finished goods, services, ideas and related information from point of origin to point of consumption (including inbound, outbound, internal and external movements for the purpose of conforming to customers? requirements. This paper therefore attempts an evaluation of the integrative role of logistics gamut spanning from warehousing and transportation to the entire supply chain. It exposes how supply chain management merges marketing and manufacturing with distribution functions to provide enterprises with new sources of competitive advantage. The expected linkage between the logistics (efficient movements) and storage to fulfill customer requirement was found to be lacking in the Tin Can Ports operations as a result of utterly defective logistics and physical distribution management. Invariably, the defectiveness eroded the anticipated sustainable competitive advantage of the ports operations. The paper therefore attempts the application of Resources ? Based View (RBV) as a possible strategic management tool to improve the efficiency of Tin Can sea port operations and restore the customer value and satisfaction, supply chain management improvement, competitive advantage and profitability as a new management re-orientation.
Keywords: based view, strategic management, lnbound, outbound, freights, transshipment
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