Inventory Planning and Agricultural Productivity in Rivers State.
Vol 3 Issue 2
Rivers State is endowed with enough fertile soil which is expected to be a catalyst for bountiful harvest of agricultural products. However, the major challenge is that there is growing food insecurity with a rising population highly dependent on imported foods. This paper therefore, examined the relationship between inventory planning and agricultural productivity in Rivers state. The study adopted a cross-sectional survey framework with a target population size of twenty three (23) Local Government Areas in Rivers State. A sample of 115 respondents was drawn from farmers in the area under our study. A self-administered, structured questionnaire was employed to obtain primary data and data was analyzed. The research hypotheses were tested with the Pearson product moment correlation statistical tool to establish the degree of relationship. The reliability of the research instrument was tested using the Cronbach’s Alpha which revealed that all the scores of the variables satisfied the standard Cronbach’s Alpha threshold of 0.7.With the aid of the statistical package of social sciences software (SPSS) version 22, frequencies were computed to establish sample characteristics. The study found that; inventory planning is positively and significantly affiliated to agricultural productivity. Based on the results of the analysis, the paper concludes that inventory planning has a positive and significant relationship with agricultural productivity. The paper therefore recommends that farmers in the 23 Local Government Areas in Rivers state should ensure that inventory items are planned to eradicate stock-out situations in order to meet up with production necessities and satisfy “customers’ needs/wants at all times.
