Abstract
Local content development is a strategic management issue for multinational extractive companies in Africa with significant business implications. As local content statutory regulators aim to increase the average local content value in the Nigeria oil and gas industry from 26% in 2017 to 70% in 2027, supply chain managers need strategies to increase local content. The purpose of this qualitative multiple case study was to explore strategies supply chain managers in the multinational oil and gas companies in Nigeria use to increase local content. The participants comprised eight supply chain managers and leaders in multinational oil and gas companies and the Nigerian Content Development and Monitoring Board involved in local content development activities. Data were collected from semi structured interviews and secondary documents. Thematic analysis generated two themes: Business value drivers for local content development and overarching local content development strategies. A key recommendation is for supply chain managers to document business value drivers for implementing local content development strategies. Future research recommendations include review and ranking of strategies by using a quantitative methodology, and an assessment of the relationship between local content development expenditure and tangible business value created. Key words: Nigeria, Oil and Gas, local content, supply chain.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
