| dc.contributor.author | Lambaino, Nelson K | |
| dc.contributor.author | Guyo, Wario | |
| dc.contributor.author | Otieno, Romanus Odhiambo | |
| dc.contributor.author | Getuno, Pamela | |
| dc.date.accessioned | 2018-11-24T08:50:51Z | |
| dc.date.accessioned | 2020-02-07T08:38:27Z | |
| dc.date.available | 2018-11-24T08:50:51Z | |
| dc.date.available | 2020-02-07T08:38:27Z | |
| dc.date.issued | 2018 | |
| dc.identifier.citation | Lambaino, N. K., Guyo, W., Odhiambo, R., & Getuno, P. RISK TRANSFER STRATEGIES AND SUPPLY CHAIN RESILIENCE IN THE PETROLEUM INDUSTRY IN KENYA. | en_US |
| dc.identifier.uri | http://repository.must.ac.ke/handle/123456789/1261 | |
| dc.description.abstract | Supply chain risk management is critical for the success of organizations in the petroleum industry. Due to supply chain disruptions in the industry, businesses dealing with petroleum tend to face supply demand inconsistencies resulting into delayed supplies, operational inefficiencies and thus poor customer satisfaction. Such adversarial situations eat into the sales and hence the profitability of the organizations in the industry. In this regard, appropriate risk transfer mitigation strategies are necessary for petroleum firms to curb supply chain risks. This study empirically tests the influence of risk transfer strategies such as insurance, outsourcing, subcontracting, partnerships, acquisitions and mergers on supply chain resilience in petroleum industry in Kenya. Descriptive method, particularly, regression analysis was used to analyze data. The data was obtained through self-designed questionnaires from 87 registered oil marketing firms and the study established a positive but a weak relationship between risk transfer and supply chain resilience. The study concludes that risk transfer strategies have a positive influence on supply chain resilience. The study recommends organization in petroleum industry to employ risk transfer mitigation strategies to enhance supply chain resilience. | en_US |
| dc.language.iso | en | en_US |
| dc.publisher | International Journal of Economics, Commerce and Management | en_US |
| dc.subject | Risk Transfer, Supply Chain Resilience, Petroleum Ind | en_US |
| dc.title | RISK TRANSFER STRATEGIES AND SUPPLY CHAIN RESILIENCE IN THE PETROLEUM INDUSTRY IN KENYA | en_US |
| dc.type | Article | en_US |
