Adapting the supply chain to the ‘new normal’

  By Andrew Dawson, MD at MACmobile Issued by Evolution PR for MACmobile Johannesburg, 23 Sep 202 Andrew Dawson, MD, MACmobile The supply chain, particularly in the fast-moving consumer goods (FMCG) industry and especially in South Africa’s main or informal market, has traditionally relied heavily on interpersonal contact for ordering and fulfilment. When the COVID-19 pandemic hit, the industry was literally turned on its head. Physical distance has become paramount when it comes to keeping staff safe and healthy, and the model of sales reps visiting stores simply for the…

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Nigerian industrialist Aliko Dangote shares secret of backward integration with investors: “Produce the entire value chain”

At the Financial Times’ 4th annual Africa Summit (http://APO.af/qv2dZF) at Claridges in London, editor in chief Lionel Barber conducted an extraordinarily candid public conversation with Nigerian Aliko Dangote, Africa’s most successful business leader, in the presence of Nigerian vice-president Professor Yemi Osingajo, Congolese presidential hopeful Moise Katumbi, and about 300 business leaders. Mastering detailed production statistics and highly-compelling demographics on promising sectors of the African economy, Dangote outlined the key to his success: self-sufficiency and backward integration, a manufacturing strategy that extracts value from entire processes. “We are not going…

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