What is a Supply Chain? A supply chain refers to a network or system of organizations, resources and activities comprising buyers, sellers, and end-users involved in producing, selling, consuming and providing goods and services.A supply chain network can be as simple as involving just a buyer and seller or as complex to involve a supplier(s), …
Supply Chain Finance: The Funding Method for Modern Supply Chains Read More »
A cheaper form of short-term working capital for supply chains. Invoice Discounting is one of the financing methods available to supply chain businesses through supply chain finance. With invoice discounting, suppliers and vendors of corporate buyers can easily convert their pending invoices into instant cash. Invoice discounting is essential in supply chains to avoid working …
In Nigeria, the logistics sector is recognised as a remunerative business but most importantly is the only connection between the local supply chain and distribution of goods and services. According to the International trade administration, Nigeria’s logistics and supply chain sector is one of the fastest-growing industries as a result of development in the manufacturing and export sectors. The significance of this industry and …
How Purchase Order Financing Supports Logistics Services In Nigeria Read More »
