Assessment of Digital Inventory Management among Construction Firms in Lagos State
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Abstract
The inefficiencies in inventory management practices within the Nigerian construction industry have contributed to project delays and resource wastage. This study investigates the adoption of digital inventory management systems in the Nigerian construction industry, focusing on Lagos State. The research employs a descriptive design, utilizing random sampling to survey construction professionals. Data collected via structured questionnaires and out of 240 questionnaires distributed in Lagos State, 150 were duly completed and retrieved for analysis, yielding a response rate of 62.5%. The results revealing that while the industry recognizes the benefits of digital inventory management, full adoption is hindered by high initial costs, lack of adequate staff training, and challenges in integrating digital systems with existing processes. The findings indicate that regular system maintenance and user-friendliness are critical for successful implementation. The study concludes that construction professionals in Lagos State recognise the value of digital inventory management, particularly in improving accuracy, efficiency, and response to material demand, but full adoption remains limited. The study recommends financial incentives for SMEs, comprehensive training programs, and investment in user-friendly, compatible systems to enhance inventory management efficiency and promote wider digital adoption, thereby improving project performance and supporting sustainable economic growth in Nigeria.
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