Spotlight Archives - Page 12 of 13

17 Mar 16

The 3 A’s of supply chain: Aligning your business in Nigeria

Having an efficient supply chain could be what separates your business from your competitors. The overall efficiency of your business not only depends on how efficient you run business but how integrated your supply chain is. As your business grows, it is important to remain cognizant of your entire supply chain…

16 Mar 16

The three flows of supply chain

So now that you have a better understanding of your supply chain, let’s discuss the three flows of supply chain. Let’s dive right into it. Supply chain management is the management of these three flows: Material (Product) Flow Information Flow Financial Flow Material (Product) Flow This is the flow of…

15 Mar 16

Understanding your supply chain

So you are a business owner or you are just about to start your business and you know the product and service that you offer. If you are lucky enough, you have some customers that are willing to pay for your product or service at a price that makes your…

03 Mar 16

Waste Processor: Wecyclers

Wecyclers is a waste collection company based in Lagos. They are contributing to sustainable waste disposal solution in Lagos – a city that that continues to grow in population. Some Lagosians live in neighborhoods without formal waste collection. These neighborhoods are subject to increased flooding, disease spread, and psychological stress that results…

18 Feb 16

Made in Nigeria: Government’s role in supporting local manufacturing

#BuyNaijaToGrowTheNaira You may have recently seen the #BuyNaijaToGrowTheNaira phenomenon going on online for almost two weeks now. If you are out of the loop check out some of the recent posts here on twitter. This has been spurred by the actions of the Senate President and Sen Ben-Murray Bruce to support…

10 Feb 16

Prof. Pedro Gardete: The benefits of information sharing in business

During our conversation with Prof. Pedro Gardete of Stanford’s Graduate School of Business, we discussed the benefits of information sharing among competitors in the business world especially within the manufacturing industry. Professor Gardete specializes in marketing strategies in contexts of high uncertainty. In his current work he studies the DRAM manufacturing…

05 Feb 16

The benefits of manufacturing in Nigeria

Nigeria has a current population of close to 200 million people. If you don’t think that’s substantial enough, consider that there are only six countries in the world that have a population bigger than that of Nigeria. From an economic perspective, that’s a huge market and there is a…

28 Jan 16

Body Care Product Maker: Skin Beauty

Skin Beauty Limited is a beauty & body care product company that manufactures products in Lagos, Nigeria. This well established company makes an array of products for the local Nigerian market. They produce a range of products – lotions, fragrances & powders. Skin Beauty was incorporated in 1998. Before then, the…

15 Jan 16

6 challenges facing manufacturing in Nigeria & Ghana

I remember telling my uncle about my interest in manufacturing and he looked at me and said: “Anyone that wants to do manufacturing in Nigeria has to have the heart of a lion”. Basically, you have to be strong to be in this industry. nbsp;This is because, in addition…

07 Jan 16

5 ways the 2016 Nigeria budget affects local producers

With our focus on building a productive economy, we took a look at how the 2016 Nigeria Budget aligns with the makers and manufacturers in our society. The core of the budget was focused on setting Nigeria on a path of sustainable growth by fighting corruption, boosting national security, diversifying…