SMES

This study investigated the effect of e-procurement adoption practices on inventory control efficiency within manufacturing SMEs in South-South Nigeria. Specifically, the research focused on the impact of six key dimensions of e-procurement adoption: top management support, information quality, system implementation effectiveness, process efficiency, user adoption and satisfaction, and compliance and transparency. The study employed a descriptive survey research design, utilising primary data collected through structured questionnaires administered to 193 respondents from manufacturing SMEs. The data were analysed using both descriptive and inferential statistical techniques, including multiple regression analysis via SPSS. The findings revealed that top management support, system implementation effectiveness, process efficiency, and user adoption and satisfaction had a significant positive impact on inventory control efficiency of the selected manufacturing SMEs in South-South Nigeria. However, information quality and compliance and transparency did not exhibit a significant impact on inventory control efficiency. The study recommends that manufacturing SMEs invest in leadership training, effective system implementation, process optimisation, and user engagement initiatives, while addressing gaps in information quality and compliance through targeted improvements and capacity building to fully realise the benefits of e-procurement adoption.

The rapid evolution of the digital economy presents both opportunities and challenges for Small and Medium Enterprises (SMEs) in Nigeria. Despite the growing significance of Information and Communication Technology (ICT) in business operations, many SMEs struggle with inadequate digital infrastructure, limited ICT skills, security concerns, and restricted access to digital markets. This study develops an ICT-Readiness Framework tailored to the Nigerian SME landscape, addressing these challenges and providing a structured approach for digital adoption. The framework consists of six key components: Infrastructure Development, Digital Literacy, and Access to Digital Markets, Policy & Regulatory Support, Innovation & Sustainability, and Monitoring & Evaluation. To ensure its practicality, the framework was implemented as a C program, enabling SMEs to assess their ICT readiness, identify gaps, and receive actionable recommendations. The system was successfully executed, providing accurate evaluations based on SME-specific inputs. Findings from the implementation demonstrate that the framework can effectively guide SMEs in enhancing their ICT adoption by improving connectivity, promoting digital skills, expanding market reach, ensuring policy compliance, and fostering innovation. By adopting this structured approach, Nigerian SMEs can better position themselves for growth in the digital economy. This study contributes to the ongoing discourse on SME digital transformation by offering a practical, data-driven solution for ICT readiness. Future research can focus on expanding the framework to include artificial intelligence-driven assessments and cloud-based integration for broader accessibility.

This study investigated the effect of leadership styles on business sustainability among SMEs in Benin City, Edo State. It aimed to evaluate the impact of transformational, transactional, and participative leadership styles on the long-term viability and operational stability of these enterprises. The research adopted a descriptive survey design, using structured questionnaires Ministered to 147 employees across four selected SMEs within the Ugbowo axis. Data analysis involved descriptive statistics, correlation, and multiple regression techniques to test relationships and hypotheses at a 0.05 significance level. The fiindings revealed that transformational leadership significantly enhanced business sustainability by promoting vision, motivation, and innovation, thus contributing to long-term growth and adaptability in SMEs. Transactional leadership played an important role in ensuring short-term stability and effective operational control but showed limited influence on sustained business growth. Participative leadership positively affected goal commitment and team involvement, though its impact was more effective when combined with transformational leadership practices. Based on these results, it was recommended that SMEs should prioritize developing transformational leadership competencies to inspire and motivate their workforce and drive innovation crucial for sustained success. Additionally, transactional leadership techniques should be integrated to maintain operational consistency and manage daily business challenges efficiently. Furthermore, fostering participative leadership by encouraging inclusive decision-making and employee engagement was advised to enhance collective responsibility and strengthen overall business sustainability

This study examines the impact of mentorship programs on the success of small
and medium-sized enterprises (SMEs) in Benin City, To ensure a comprehensive analysis, the study surveyed Osa-RT ventures and Edo choice transport limited, located in Benin city. The researcher adopted questionnaire in collecting relevant i formation for the study, the analysis is based on responses from 49 participants out of the 50 questionnaires distributed, resulting in a 98% response rate. The study highlight key factors that contribute to effective mentorship and the challenges SMEs face in accessing these programs. The research employs a quantitative approach, analyzing data through Pearson correlation coefficients. Findings indicate a strong positive correlation between access to mentorship and SME success (r = 0.471, p < 0.01), demonstrating that mentorship significantly enhances business performance. Additionally, successful mentorship relationships are influenced by factors such as goal alignment, regular communication, and mentor expertise (r = 0.297, p < 0.05). However, SMEs face challenges in accessing mentorship due to lack of awareness, difficulty in finding suitable mentors, and financial constraints (r = 0.505, p < 0.01). The study further establishes that improving mentorship access correlates with better SME performance (r = 0.645, p < 0.01). Based on these findings, recommendations include It is important to improve awareness of mentorship programs through targeted outreach and marketing, Mentorship programs should be designed to ensure clear goal alignment and facilitate regular communication between mentors and mentees and Mentorship programs should be customized to meet the specific needs and constraints of SMEs.