Title: Multiple Sourcing Strategy and Operational Efficiency of Automotive Manufacturing Companies in Nigeria
Authors: Dr Hilary Waite Isoghom, Dr Prosper Organum Worgu
Volume: 9
Issue: 9
Pages: 8-14
Publication Date: 2025/09/28
Abstract:
The study examined the relationship between multiple sourcing and operational efficiency of automotive manufacturing companies in Nigeria. The study adopted and explanatory research design. The population of this study consist of 37 accredited automotive manufacturing companies operating in Nigeria and 74 respondents comprising procurement managers and production managers provided primary data for the study through structured questionnaire designed in Likert 5- point scale. The reliability of the study instrument was determined using the Cronbach's Alpha reliability test, and 2 null hypotheses were tested using Pearson Product Moment Correlation with the aid of the Statistical Package for Social Sciences, version 25.0. Test of hypotheses revealed that multiple sourcing has a very strong, positive and statistically significant relationships with cost reduction, and a moderate, positive and statistically significant relationship with on time delivery. The study concludes that multiple sourcing significantly relates with operational efficiency of automotive manufacturing companies in Nigeria; and recommends that managers of the companies operating in the automotive industry must consider diversifying procurement sources to mitigate risks related to supply chain disruptions and supplier insolvencies.