Dr. Onaolapo Adekunle

AMERICAN JOURNAL OF SCIENTIFIC AND INDUSTRIAL RESEARCH
© 2012, Science Huβ, http://www.scihub.org/AJSIR
ISSN: 2153-649X, doi:10.5251/ajsir.2012.3.6.449.457

Applicability of logistics management to bank’s branch operation
1

Onaolapo Adekunle R. and 2Ajiboye Araoye Olarinkoye

1

Department of Management and Accounting, Faculty of Management Science, Ladoke Akintola University of
Technology, Ogbomoso, Nigeria. E-mail: [e-mail] Tel: [phone]

2

Department of Transport Management, Federal University of Technology, Minna. Email:[e-mail]
ABSTRACT
The paper examines prospects of applying logistics management to branch operation in a typical commercial banking sector using the case of Nigeria Commercial Banks. The research design involves an evaluation of selected study variables which are regressed to determine the impact of operational cost control on bank profit. On the basis of findings the study undertakes the development of improvement models .The study thus recommend the master plan and supply chain iterative processes, as operational improvement options for controlling bank logistic activities. The robustness of the master planning and continuous improvement models designed have the potentialities for enhancing the quality of bank operations whose functionality depend on resource flow across a typical head-office-branch network.

INTRODUCTION
Logistics management has always been an important preoccupation of military operations but paradoxically it was only recently that it is being accorded attention in the academic and business world (Obiora, 2008).
Organizations particularly in the developing economies are known for making detailed planning for the management of financial, personnel and technology resources among others while the logistic aspects of other activities are left to the vagaries of circumstances.
For instance several departments and units are created within a typical Nigerian

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