Impact of supply chain advancement on African commerce

Supply chain management has been quite transformative in African commerce, but how?

Whether globally or in Africa, you can generally trace supply chain advancement to the advancement of technology. By the turn of the century, it was clear that every economic sector would change drastically. Little did we know that supply chain management would be one of the most impacted.

You may recall that for a long time, the role of the supply chain was generally overlooked because the concept wasnโ€™t clear to many economists until the 1980s.

The African economy and its commerce are undoubtedly the fastest rising in the world. With its many cultures and diverse people, the continent has no shortage of beauty. But more than its diversity, policies, and leadership, supply chain has been primarily responsible for this growth.

How is this possible?

 

1. Goods are now more accessible to customers

Since the beginning, there has never been an issue with manufacturing or selling. And there was never an issue with potential customers. The primary concern was always connecting the manufacturer or vendor to the customers.

The result was a huge gap or divide between the two parties, but with logistics and supply chain, that divide has been fixed. Today, there are several distribution channels and systems by which the manufacturer or business can reach its customers.

Bridging the gap is what led to an economic and commercial boom on the continent. With the supply chain, customers can now make informed decisions, creating a society where money exchange thrives.

2. Rise of E-commerce across the continent

There are over 2.6 billion online shoppers across the globe. However, 388 million of those are Africans. This is a major increase from pre-pandemic numbers. And yet, all these numbers are unimaginable considering the challenges and reviews of the first e-commerce businesses.

Today, it will be near impossible for you to find a city across the world without a striving e-commerce business. However, all of these are not just because of tech advancements.ย 

Without supply chain advancements that has brought about innovation and streamlining of business operations, e-commerce businesses would have struggled to survive.

With supply chain, tech has been able to help African businesses meet their customers’ needs without interacting with them physically.

3. Building a robust Agricultural sector

Although African nations are blessed with fertile lands and hard-working farmers, it wasnโ€™t until businesses in the agricultural sector started exploring supply chain concepts and using them to increase efficiency and effectiveness.

Simply by correctly applying supply chain principles and concepts, farmers and agricultural businesses have reduced post-harvest losses, improved storage facilities, and streamlined agricultural product distribution.

Coincidentally, the sector is now one of the largest on the continent, whether you are solving for impact or market share. It has also contributed significantly to the African economy, making the list of the top GDP contributors to many nations across the continent.

4. Driving policies and infrastructural development

Despite continued growth, it is obvious that infrastructure is still a huge problem across Africa. Think of the constant power outages major economies like South Africa, Kenya, and Nigeria still face.

However, all of these are now changing, with many nations taking measures to ensure supply chain operations are as seamless as possible, which also helps the economy.

More roads are built, investment in energy resources is now common, and stringent custom laws are relaxed across the continent.

As this momentum continues to pick up, Africa will be competing with the major economies and commerce operations in no time.

๐—œ๐—ป ๐—ฐ๐—ผ๐—ป๐—ฐ๐—น๐˜‚๐˜€๐—ถ๐—ผ๐—ป ๐˜€๐˜‚๐—ฝ๐—ฝ๐—น๐˜† ๐—ฐ๐—ต๐—ฎ๐—ถ๐—ป ๐—ถ๐˜€ ๐—ฑ๐—ฟ๐—ถ๐˜ƒ๐—ถ๐—ป๐—ด ๐—ฝ๐—ผ๐˜€๐—ถ๐˜๐—ถ๐˜ƒ๐—ฒ ๐˜๐—ฟ๐—ฎ๐—ป๐˜€๐—ณ๐—ผ๐—ฟ๐—บ๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ถ๐—ป ๐—”๐—ณ๐—ฟ๐—ถ๐—ฐ๐—ฎ๐—ป ๐—ฐ๐—ผ๐—บ๐—บ๐—ฒ๐—ฟ๐—ฐ๐—ฒ.

๐—ง๐—ต๐—ฒ ๐—ฟ๐—ฒ๐˜ƒ๐—ผ๐—น๐˜‚๐˜๐—ถ๐—ผ๐—ป๐—ฎ๐—ฟ๐˜† ๐—ถ๐—บ๐—ฝ๐—ฎ๐—ฐ๐˜ ๐—ผ๐—ณ ๐˜€๐˜‚๐—ฝ๐—ฝ๐—น๐˜† ๐—ฐ๐—ต๐—ฎ๐—ถ๐—ป ๐—บ๐—ฎ๐—ป๐—ฎ๐—ด๐—ฒ๐—บ๐—ฒ๐—ป๐˜ ๐—ถ๐˜€ ๐—ฝ๐—ผ๐—ถ๐˜€๐—ฒ๐—ฑ ๐˜๐—ผ ๐—ด๐—ฒ๐—ป๐—ฒ๐—ฟ๐—ฎ๐˜๐—ฒ ๐—ป๐—ฒ๐˜„ ๐—ฒ๐—ฐ๐—ผ๐—ป๐—ผ๐—บ๐—ถ๐—ฐ ๐—ผ๐—ฝ๐—ฝ๐—ผ๐—ฟ๐˜๐˜‚๐—ป๐—ถ๐˜๐—ถ๐—ฒ๐˜€, ๐—ฏ๐—ผ๐—ผ๐˜€๐˜ ๐—ฒ๐—ณ๐—ณ๐—ถ๐—ฐ๐—ถ๐—ฒ๐—ป๐—ฐ๐˜†, ๐—ฎ๐—ป๐—ฑ ๐—ฐ๐—ผ๐—ป๐˜๐—ฟ๐—ถ๐—ฏ๐˜‚๐˜๐—ฒ ๐˜๐—ผ ๐˜€๐˜‚๐˜€๐˜๐—ฎ๐—ถ๐—ป๐—ฎ๐—ฏ๐—น๐—ฒ ๐—ฑ๐—ฒ๐˜ƒ๐—ฒ๐—น๐—ผ๐—ฝ๐—บ๐—ฒ๐—ป๐˜ ๐—ฎ๐—ฐ๐—ฟ๐—ผ๐˜€๐˜€ ๐˜๐—ต๐—ฒ ๐—ฐ๐—ผ๐—ป๐˜๐—ถ๐—ป๐—ฒ๐—ป๐˜ ๐—ฎ๐˜€ ๐—น๐—ผ๐—ป๐—ด ๐—ฎ๐˜€ ๐˜€๐˜๐—ฎ๐—ธ๐—ฒ๐—ต๐—ผ๐—น๐—ฑ๐—ฒ๐—ฟ๐˜€ ๐˜„๐—ผ๐—ฟ๐—ธ ๐˜๐—ผ๐—ด๐—ฒ๐˜๐—ต๐—ฒ๐—ฟ ๐˜๐—ผ ๐—ฎ๐—ฑ๐—ฑ๐—ฟ๐—ฒ๐˜€๐˜€ ๐—ผ๐—ฏ๐˜€๐˜๐—ฎ๐—ฐ๐—น๐—ฒ๐˜€ ๐—ฎ๐—ป๐—ฑ ๐˜๐—ฒ๐—ฐ๐—ต๐—ป๐—ผ๐—น๐—ผ๐—ด๐˜† ๐—ฐ๐—ผ๐—ป๐˜๐—ถ๐—ป๐˜‚๐—ฒ๐˜€ ๐˜๐—ผ ๐—ฒ๐˜ƒ๐—ผ๐—น๐˜ƒ๐—ฒ.