HARCOURT, Horsfall
Department of Marketing, Faculty of Management Sciences,
Rivers State University, Port Harcourt, Nigeria
and
ALI, Faith Odage
Department of Marketing, Faculty of Management Sciences,
Rivers State University, Port Harcourt, Nigeria
ABSTRACT
This study investigated just-in-time inventory management imports on sales performance of paint manufacturing firms inRivers State, Nigeria. The study adopted an explanatory research design with causal type of investigation. Primary and secondary methods of data collection were employed to obtain relevant data for analysis. The instrument of data collection employed was questionnaire. The study population was made up of the 30 registered paint manufacturing firms operating in Rivers state. The study randomly selected three top management staff from each of the firms as the respondents hence a total of 90 top management staff were used for the study. The data was analyzed using the Pearson’s Product Movement Correlation statistic through the aid of statistical packages for social science version 23.0. The result of the findings revealed existence of significant and positive relationship between just-in-time inventory management and sales performance of paint manufacturing firms in Rivers State. The study concluded that just-in-time inventory management has significant and positive relationship with sales performance of paint manufacturing firms in Rivers State. The study therefore, recommended that managers of paint manufacturing firms should adopt just-in-time inventory management as a strategy to boost efficiency of inventory operation as well as improve the sales performance.
Keywords: Just-In-Time, Inventory Management, Sales Performance, Sales Growth, Market Share