MSMEs in logistics urged to adopt tech to build sustainable business

Nigerian companies within the logistics business would require the adoption of expertise and digitalisation, an enabling surroundings and discount in stringent regulatory necessities to thrive, stakeholders have mentioned.

This was mentioned on the Abuja logistics stakeholders’ discussion board themed ‘Harmonising the Public-Non-public Sector for Productiveness’ held on Thursday in Abuja.

Talking throughout a panel session, Abdulazeez Sadiq, CEO of AAT Logistics mentioned expertise is essential in logistics as a result of it aids enterprise operations akin to serving to to watch and observe the actions of riders.

“It additionally will increase entry to clients, improves service supply,” he mentioned.

He mentioned that the market is big and can’t be saturated including that operators in Abuja are nonetheless scratching the floor, which is one thing that expertise will assist enhance on.

“For such a enterprise as logistics, there’s a lot occurring and you might want to be in a sane surroundings to have the proper technique,” he mentioned concerning the enterprise surroundings.

Khalil Halilu, CEO of Shap Shap Logistics mentioned logistics is a necessity in day by day life and actions, noting that the business in Nigeria has a number of untapped alternatives.

“Survival and sustainability logistics companies are partly depending on expertise which makes it a vital instrument, it helps to make it simpler and higher,” he mentioned.

He additionally mentioned for such an underserved market as this, a traditional methodology of operation just isn’t sustainable therefore the necessity for innovation and strategic planning.

Learn additionally: Logistics enterprise loses steam on surging costs

Amanda Etuk, co-founder, Messenger.ng mentioned expertise comes at a price that may be very costly for companies nevertheless they’ll leverage present applied sciences in addition to social media platforms, and monitoring gadgets, amongst different issues to spice up their enterprise.

Sandra Okonkwo, CEO, Poshex logistics mentioned though it’s a worthwhile enterprise, working such a enterprise in Nigeria could be very troublesome to handle with challenges from numerous angles together with the regulatory authorities, and touts amongst others.

She mentioned enterprise homeowners must be extra resilient to function and urged that regulatory authorities harmonise their necessities to ease the burden of enterprise operators.

Essien Etuk, cofounder at Messenger, who can also be the president of the Affiliation of Abuja Logistics Operators (AALO), who organised the occasion mentioned, the aim is to have a thriving and profitable logistics business that shall be inspired in an enabling surroundings.

Abiodun Soroye, supervisor at Allianz Nigeria Insurance coverage mentioned, there are points across the volatility of the enterprise surroundings in addition to points round individuals taking undue benefit of this hole.

He nevertheless famous that enterprise operations should proceed and suggested that logistics entrepreneurs prioritise having insurance coverage which can assist mitigate the affect of a few of these challenges.

Megamillions

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