Category: Supply Chain

BANK OF AFRICA Revolutionizes the Ecosystem with its Collaborative Supply Chain Finance Platform

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A Digital Innovation Serving Moroccan Businesses BANK OF AFRICA confirms its position as a pioneer in innovation by launching the first 100% digital and collaborative platform dedicated to Supply Chain Finance (SCF) in Morocco. This innovative offering, accessible to prime contractors and suppliers, radically transforms financial flow management through a unique technological solution in the market. A Collaborative Platform Serving the Economy As part of its commitment to innovation and supporting economic ecosystems, BANK OF AFRICA has unveiled an unprecedented solution: SCF by BOA. This collaborative digital platform offers a…

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SUPPLY CHAIN INDUSTRY BODY SUPPORTS YOUTH, TACKLES SKILLS GAP AND UNEMPLOYMENT

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Supply chain industry body SAPICS has reinforced its commitment to developing South African youth by rolling out new initiatives and partnerships aimed at upskilling and empowering young graduates and professionals for career success, addressing the skills gap in the supply chain field and fighting the country’s high youth unemployment rate. According to Stats SA, youth aged 15 to 24 and 25 to 34 have the highest unemployment rates in the country at 60,8% and 41,7% respectively. In today’s volatile and chaotic business environment, where change is the only certainty, supply…

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Africa’s Healthcare Uprising: Medicine Manufacturers Kickstart a Revolution to Redefine the Continent’s Future

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AMMTEC 2024 unites Africa’s pharmaceutical industry to spark a healthcare transformation 2 December 2024 – The close of the first African Medicines Manufacturing Trade Exhibition and Conference (AMMTEC) ushers in a new era of energy and commitment, shaking up the status quo in the manufacturing of medicines for the continent’s health systems. From crisis to catalyst, never before have so many African medicine manufacturers united for change, demanding transformation in policy, practice, and accountability, to enable the right environment to produce the medicines Africa needs in order to save lives…

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African Medicine Manufacturers Galvanised to Demand Change at AMMTEC

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AMMTEC 2024: Igniting a revolution in African medicine manufacturing 21 November 2024 – Last night at the opening ceremony of the inaugural African Medicines Manufacturing Trade Exhibition and Conference (AMMTEC 2024) in Dar es Salaam, Tanzania, Dr Skhumbuzo Ngozwana, Board Member of the Federation of African Pharmaceutical Manufacturers Associations (FAPMA), galvanised the industry to step up and demand change. “We have to do things differently. It’s time for us to claim our space and seat at the table. Yes, progress has been painstakingly slow, but AMMTEC gives us an opportunity…

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Do You Know the Bullwhip Effect? How an Order of 10 T-Shirts Can Ruin an Entire Factory – Welcome to the Whiplash Effect!

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Imagine a simple scenario: a clothing store experiences a slight increase in demand for a trendy t-shirt design. This week, ten additional customers purchase that t-shirt. To avoid running out of stock, the store manager places a larger-than-usual order with their wholesaler. The wholesaler, seeing what appears to be an increased demand, doubles down and places an even larger order with the manufacturer. The manufacturer, in turn, interprets this as a signal to ramp up production and orders a surplus of fabric from suppliers. The result? The supply chain spirals…

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Data Analytics AI, in the sector of logistics and supply chain in Africa – 6 questions to Olufunmilayo Abodunrin

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In this era where artificial intelligence and data analytics are reshaping industries worldwide, Africa’s logistics and supply chain sector stands at a crucial turning point of digital transformation. At the forefront of this evolution is Olufunmilayo “Funmi” Abodunrin, a rising expert who embodies the perfect blend of traditional logistics expertise and cutting-edge technological innovation. In this insightful interview, Abodunrin, who playfully describes herself as a “Yoruba girl from Ghana,” shares her unique perspective on how AI and data analytics are revolutionizing African supply chains. From tackling Africa-specific challenges to exploring…

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Vulnerability of supply chains exposed as global maritime chokepoints come under pressure

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The latest Review of Maritime transport urges action to strengthen infrastructure and operations, promote low-carbon shipping and combat growing concerns over fraudulent ship registrations. The global economy, food security, and energy supplies are at increasing risk due to vulnerabilities at key maritime routes. The Review of Maritime Transport 2024 from UN Trade and Development (UNCTAD) reveals that critical chokepoints – such as the Panama Canal (connecting the Pacific and Atlantic Oceans), the Red Sea and the Suez Canal (linking the Mediterranean Sea to the Indian Ocean via the Arabian Peninsula), and the…

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Global supply chain leaders meet in Nairobi to shape the future of global health supply chains

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The second Supply Chain Leaders Forum Nairobi, Kenya / Thursday 10 October 2024 The second Supply Chain Leaders Forum (SCLF) kicked off yesterday with global supply chain leaders from 24 low- and middle-income countries (LMICs) convening in Nairobi. The forum empowers country leaders through two-way dialogue with global donors to advocate supply chain transformation locally, enabling the transition to a sustainable supply chain. It informs the transition of health supply chain management to a country-led approach, and fosters a shared vision and collective impact through inter-country dialogues, in-country advocacy and…

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SAPICS ANNOUNCES BOTSWANA SUPPLY CHAIN SUMMIT TO STRENGTHEN AFRICA’S SUPPLY CHAINS

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Leading supply chain industry body SAPICS has announced its participation in the upcoming inaugural Botswana Supply Chain Summit, reflecting its commitment to elevating, educating and empowering supply chain professionals not just in South Africa but across the continent. “SAPICS recognises Africa’s potential as a global supply chain force, and the imperative to strengthen African supply chains to unlock the region’s growth and prosperity,” comments SAPICS president MJ Schoemaker. The Botswana Supply Chain Summit takes place on 6 and 7 November 2024 in Gaborone. “This is a pivotal event; a milestone…

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VULTURES AND HEALTHCARE AMONG TOPICS IN THE SPOTLIGHT AT SUPPLY CHAIN PROFESSION’S SPRING CONFERENCE

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An innovative solution to improving healthcare access and availability in Lesotho and a heartwarming project that saved 160 endangered vultures were among the topics on the programme at the annual SAPICS Spring Summit, a leading event for supply chain professionals that was held in in Johannesburg recently by supply chain industry body SAPICS. Fanie Hendriksz, managing director of Right ePharmacy, shared the South African healthcare tech startup’s Lesotho success story, which was undertaken in partnership with USAID, the Lesotho Ministry of Health and Riders for Health. “BonoloMeds”, as the project…

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