Supply chain

The Benefits of Using Technology in Inventory Control

For businesses aiming to succeed in today’s highly competitive business environment, efficient inventory control is crucial for the success of any company. With the advancement of technology, businesses now have access to various tools and systems that streamline the inventory management process. From small retail stores to large manufacturing firms, the benefits of using technology …

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AfCFTA Market Place – IATF 2023: Yaraa’s Mandate to Enable Intra-Africa Trade

Yaraa’s Mandate – AfCFTA Market Place – IATF 2023:  One of the most significant developments in the continent’s economic history was the recently concluded IATF 2023, AfCFTA market place in Cairo, Egypt. It brought together representatives from all over Africa and beyond. The event aimed to promote regional integration, foster economic growth, and enhance intra-African …

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SUPPLY CHAIN RESILIENCE IN PROCUREMENT

SUPPLY CHAIN RESILIENCE IN PROCUREMENT

In an era marked by global uncertainties and disruptions, the topic of supply chain resilience has emerged as a pivotal aspect of procurement strategies. The traditional approach of focusing solely on cost efficiency is evolving, with businesses recognizing the importance of building resilient supply chains that can withstand unexpected challenges. This blog post delves into …

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Key Metrics In Supply Chain Management

  Introduction   In today’s highly competitive business landscape, companies are constantly seeking ways to enhance their supply chain performance. To effectively measure and optimise their supply chain operations, businesses rely on a set of essential key metrics. These metrics act as guideposts, providing valuable insights into critical areas of supply chain management. In this …

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THE ROLE OF PROCUREMENT IN SUPPLY CHAIN MANAGEMENT

THE ROLE OF PROCUREMENT IN SUPPLY CHAIN MANAGEMENT

Supply chain management is an essential function for any business that wants to operate efficiently and effectively. It involves managing the entire flow of goods and services, from the acquisition of raw materials to the delivery of finished products to customers. One of the key components of supply chain management is procurement, which involves sourcing, …

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features of effective supply chain management

KEY FEATURES OF EFFECTIVE SUPPLY CHAIN MANAGEMENT

This article will go through an introduction on how effective supply chain management (ECM) can be used to increase efficiency, and profits and reduce costs. It aims to illustrate that by having an efficient supply chain, companies can be able to achieve their business objectives easily and efficiently. In the past years, organizations were unable …

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