SUPPLY CHAIN INTEGRATION, RESILIENT PRACTICES, AND ECONOMIC SUSTAINABILITY OF SMALL AND MEDIUM ENTERPRISES IN LAGOS, NIGERIA

M. I AGBORTIAN; O. G. OYENUGA; J. E. EKPUDU

M. I AGBORTIAN University of Lagos, Faculty of Management Sciences, Department of Business Administration
O. G. OYENUGA University of Lagos, Faculty of Management Sciences, Department of Business Administration
J. E. EKPUDU University of Lagos, Faculty of Management Sciences, Department of Business Administration

Keywords: Economic sustainability, resilient practices, small and medium-sized enterprises, supply chain integration

Abstract

This study examined the impact of supply chain integration and resilience on the economic sustainability of SMEs (retail firms) with reference to selected superstores in Lagos State, Nigeria. Leveraging on the resource based viewed and dynamic capability theory; the study adopted a survey-based research design in line with cross sectional data collection approach and multi-stage sampling techniques. 120 copies of questionnaire were administered to the supply chain and procurement managers at the selected superstores in which 98 copies were filled and retrieved. The data collected was analysed using descriptive statistics, with the use of Pearson Correlation as technique for hypotheses testing. The findings revealed a strong positive relationship between internal integration and economic sustainability, a substantial positive relationship between external integration and economic sustainability, and a significant relationship between economic sustainability and supply chain resilience. The study therefore recommended that firms should establish an integrated and resilient supply chain process to boost performance. The managements of retail firms in Lagos, Nigeria should invest more in training of their employees in their understanding of the importance of internal communication. Firms should also nurture relationships with suppliers to improve coordination.