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International
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International Journal of Economic and Business Management Vol. 3(5), pp. 45-57, October, 2015. ISSN: 2384-6151 DOI: 10.14662/IJEBM2015.022
Full Length Research
Determinant Affecting Performance of Supply Chain Systems in the Petroleum Industries in Kenya
Anthony Osoro PhD Student, Dr. Willy M. Muturi and Dr. Patrick K.. Ngugi Supervisors
Jomo Kenyatta University of Agriculture and Technology, department of Procurement and Logistics. School of Human Resource and Developments, P.O. Box 62000-00200, Nairobi, Kenya.
Accepted 12 September 2015
The purpose of
this paper was to analyze the effect of crude oil price as a determinant
on performance of supply chain systems in the petroleum industries in
Kenya. Supply chain is a dynamic process and involves the constant flow
of information, materials, and funds across multiple functional areas
both within and between chain members. Members in the chain need to
cooperate with their business partners in order to meet customer’s needs
and to maximize their profit by reducing cost of crude oil. However, it
is a very difficult task in managing the multiple collaborations in a
supply chain because there are so many firms involved in the supply
chain operations with its own resources processes also requires
real-time operation and decision making across different tasks,
functional areas, and organizational boundaries in order to deal with
problems and uncertainties. The strategic move of focus for mass
customization, quick response, and high-quality service cannot be
achieved without more complex cooperation and dynamic structure of
supply chains. Cite This Article As: Osoro A, Dr. Mturi W.M, and Dr. Ngugi P.K (2015). Determinant Affecting Performance of Supply Chain Systems in the Petroleum Industries in Kenya. Inter. J. Econ. Bus. Manage. 3(5): 45-57.
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