Abstract
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Article Information:
Analysis of Performance of Collaborative Information Sharing Cost in Outbound Logistics
Bambo Somuyiwa and Kayode Oyesiku
Corresponding Author: Adebambo Somuyiwa
Submitted: 2010 March, 24
Accepted: 2010 April, 12
Published: 2010 June, 15 |
Abstract:
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The study sought to analyse the performance of collaborative information sharing cost in outbound
logistics with emphasis on Order and Information costs, with a view to minimizing cost and enhance efficient
ordering and information services in manufacturing companies. The ordering cost is about order entry, order
notification and order verification costs, while the information cost is basically information technology
investment. The paper adopted case study approach. Twenty (20) manufacturing companies formed the sam ple
of the study, based on multi stage sampling techniques that incorporated cluster, stratified and purposive
sampling methods. Apart from parametric test statistical techniques adopted, data analyses were done using a
software application that incorporated Cobb-Douglas production function, which was packaged and tailor-made
for the study. It was revealed that there were relationships between components of Order processing and
information investment; indeed, most of the order processing cost components (Entry, Notification, Verification
and Information costs) was significant. In other words, order-processing cost has a significant relationship with
most of all variables (Dependent and Independents). The paper recommends that companies should adopt
management information system that enhances information technology investment as well as training and
maintenance of these information devices.
Key words: Analysis, collaborative, cost, information, logistics, performance,
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Cite this Reference:
Bambo Somuyiwa and Kayode Oyesiku, . Analysis of Performance of Collaborative Information Sharing Cost in Outbound Logistics. Current Research Journal of Social Sciences, (3): Page No: 181-186.
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ISSN (Online): 2041-3246
ISSN (Print): 2041-3238 |
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