Supply Chain Management Practices and Retailers Performance in Lagos State

Retail stores are faced with supply chain management practices and other serious external factors that shape their operating environment and impact on their performance. The fundamental aim of this study was to investigate the influence of supply chain management practices on retailers’ performance in Lagos State. The survey research design was used for this study, A sample size of 300 retailers using a convenient sampling technique and the sample size was determined using a Taro Yamen method. The structured questionnaire was used as the primary source of data and was analyzed, descriptively and inferential statistics were used to draw conclusions from the hypotheses developed. Cronbach’s Alpha was also employed to determine the internal consistency of the scale used along with the research items. The result showed R Square of 42.90% which indicates a very positive and strong model. The overall fitness of the model is established based on the outcomes of the study which showed that the three aspects of supply chain management practices have a joint significant influence on retailers’ performance in Lagos State (F= 141.512, p-value =0.000). The study concluded that the three dimensions of supply chain management practices such as: on-time delivery, perfect order and stock holding) of supply chain management all have significant influence on retailers’ performance in Lagos State. Therefore, this study recommends that various stakeholders that supply chain management practices have influence on retailers’ performance.