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The Role of Logistics in Empowering Small and Medium Enterprises in Nigeria

Samuel Justina

Web3 Content Writer  Jul 15, 2023
The Role of Logistics in Empowering Small and Medium Enterprises in Nigeria


The crucial role of Small and Medium Enterprises (SMEs) in the economic growth and development of Nigeria cannot be overemphasized. They contribute significantly to job creation, poverty reduction, and overall socio-economic advancement. 


However, one of the major challenges faced by SMEs in Nigeria is the efficient management of their supply chains and logistics operations aside from their inadequate capital. Small and Medium Enterprises are basically businesses with small scales of operation, hence always challenged by inadequate capital for their business. By Nigerian definition, Small and Medium enterprises are basically businesses with up to 250 employees. Small enterprise has 10-49 employees while Medium enterprises have 50-249 employees. 


In this article, we will delve into the vital role that logistics plays in empowering SMEs in Nigeria and explore various ways to enhance their logistics capabilities.


What’s Logistics in Business? 


This simply refers to the coordination and movement of products from point A (origin/point of sale) to point B (consumption) in order to meet customers’ needs. This implies that efficient and effective logistics is paramount to the success of any SMEs since they need to package and deliver their products to their customers in a less expensive manner, stress-free, fast, and in good conditions to their customers by leveraging on good logistics service providers. 


The Roles of Logistics in Empowering SMEs in Nigeria


The following are the several ways in which delivery service providers assist small businesses in reaching their goals;


1. Enhancing Market Access:

Logistics companies play a pivotal role in enabling SMEs to access new markets and expand their customer base. Efficient transportation, distribution, and warehousing systems are essential for SMEs to reach both domestic and international markets. With efficient logistics companies such as the likes of Kwik Piks, SMEs can rest assured that their products will be delivered efficiently to their customers not minding their locations or time time-frames of expected deliveries. This connects SMEs to regional and global supply chains, enabling them to compete on a larger scale.


2. Cost Reduction:

Effective logistics management can significantly reduce operational costs for SMEs. By optimizing transportation routes, adopting efficient inventory management systems, and implementing lean logistics practices, SMEs can minimize wastage, improve productivity, and achieve cost savings. This, in turn, allows them to allocate resources to other critical business areas such as product development, marketing, and talent acquisition.


3. Supply Chain Integration:

Logistics serves as a crucial link in integrating various components of the supply chain for SMEs. It involves the coordination of suppliers, manufacturers, distributors, and retailers, ensuring seamless flow and timely delivery of goods and services. By streamlining supply chain processes, SMEs can reduce lead times, improve customer satisfaction, and enhance overall business performance.


4. Enhancing Competitive Advantage:

Efficient logistics operations can provide SMEs with a competitive edge in the market. By delivering products promptly, maintaining inventory accuracy, and offering reliable after-sales services, SMEs can build a reputation for reliability and customer satisfaction. Such a positive brand image not only attracts new customers but also fosters customer loyalty, allowing SMEs to compete with larger enterprises.


5. E-commerce and Last-Mile Delivery:

The rise of e-commerce has opened up new opportunities for SMEs in Nigeria. However, the success of online businesses heavily relies on efficient last-mile delivery logistics. By partnering with logistics service providers or adopting in-house delivery networks, SMEs can ensure prompt and reliable delivery of products to their customer's doorsteps. This strengthens customer trust, boosts sales, and enables SMEs to tap into the growing e-commerce market.


Conclusion

Logistics plays a pivotal role in empowering small and medium enterprises in Nigeria.

This is with the now existence of several top-notch third-party logistics companies such as Kwik Pik. They basically take away the stress of packaging and delivering of SMEs products to their client with a web3-based app where customers can track their packages, have different modes of transportation to choose from, arrays of payment options to choose and assurance of the safety of their package till arrival. 


This enables SMEs to enhance their market access, reduce costs, enhance their competitive advantages, and be rest assured of the last-mile delivery of their products to their customers thereby enabling them to focus on other core goals of their enterprise growth and development.


Download Kwik Pik apps on Google Play and App Store here for a seamless last-mile delivery service for your enterprise as an SME. 

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Hell Wazoplus  beautiful readers and creators. I hope you're all doing well. I was curious to know if any of you still use Netflix. I know that some of you may have more financial resources, but for those who use Dropbox, have you had a chance to watch "The Gentlemen"? My sprinkles that's a great show, The production quality of the TV show is truly remarkable, rivaling that of a film. The show boasts impeccable clarity, attention to detail, and expertly crafted camera work. The acting is also superb, and the show does not contain any hidden messaging. While it is not technically the first season, it serves as a strong introduction to the characters and plot. It is a welcome addition to the film universe it is connected to, and I hope to see more characters from that world make an appearance in future episodes. It's great to see a show that stands out from the crowd and offers a breath of fresh air from the subpar content we've been bombarded with on streaming services lately. It's nice to know that there are still some quality shows out there that we can enjoy. like Shogun, represent a potential turning point for the industry. It is my hope that more high-quality, community-supported content will be produced, and that we can move away from the trend of heavy-handed messaging that has dominated the industry as of late. It is truly gratifying to see the industry treat its audience with respect and produce shows that can be appreciated on their own merits, without resorting to labeling viewers as "ists" or "phobias" based on their opinions of the show. I hope you get to enjoy it 💕 and have a productive week ahead🌀

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Chikeka Chidinma

Dear Brandies,


Hey, my fellow global brand owners! I hope you're doing fantastic and feeling all charged up to take on this week with a positive attitude and a can-do spirit!


I know Mondays can be tough, but let's not let that get in the way of achieving our brand goals. 


This week, let's challenge ourselves to do the impossible for our brands and push beyond our limits. Remember, you are capable of great things!


If you're looking for a way to connect with your audience on a deeper level, why not try creating user-generated content? This can be a great way to foster engagement and build trust with your audience, while also gaining valuable insights into what they care about most.


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The logistics industry in Nigeria is undergoing a major transformation, thanks to the increasing adoption of technology. In the past, logistics was a relatively manual process, with businesses relying on paper records and offline systems to track shipments. However, the rise of digital technology is changing all that.


Benefits of using technology in logistics


The use of technology in the logistics industry is likely to continue to grow in Nigeria. And as technology continues to develop, we will see even more innovation in the logistics industry. This will lead to more efficient, transparent, and accessible logistics services.  Here are some of the benefits of using technology in logistics:

  • Real-time tracking: With real-time tracking, businesses can see exactly where their packages are at all times. This information can be used to optimize delivery routes and ensure that shipments arrive on time. Logistics companies can save time and money by using technology to track deliveries and optimize routes. Real-time technology is making logistics more transparent by allowing customers to track their deliveries in real-time. This gives customers peace of mind, knowing where their goods are and when they will arrive
  • Automated data entry: Automated data entry systems can help reduce errors and improve the speed of data processing. This can free up staff to focus on other tasks, such as customer service.
  • Cloud-based logistics software: Cloud-based logistics software allows businesses to access their logistics data anywhere. This can be helpful for businesses with multiple locations or those needing to collaborate with partners.
  • Mobile apps: Technology is making logistics more accessible. By using mobile apps, logistics companies can reach a wider range of customers. Also, these mobile apps make it easier for businesses to manage logistics operations and can be used to track deliveries and communicate with customers.

How Kwik Pik is Using Technology to Deliver a Disruptive Logistics Experience


The logistics industry is ripe for disruption. Traditional logistics providers are often slow, inefficient, and expensive. This is where Kwik Pik comes in. Kwik Pik is a technology-enabled logistics company that is disrupting the market by offering a faster, more efficient, and more affordable delivery experience.


One such company is Kwik Pik Logistics. Kwik Pik is a delivery service company that uses a mobile app to connect customers with drivers. The app allows customers to track their deliveries in real time and provides drivers with information about the best routes to take. This has made Kwik Pik a popular choice for businesses and individuals who need to send or receive deliveries in Lagos and nearby states.

Kwik Pik is using many technologies to disrupt the logistics market in Nigeria. These technologies include:

  • The customers are provided with a mobile application that enables them to monitor their deliveries in real time. The application is conveniently accessible for both iPhone and Android users through the App Store and Google Play Store. Additionally, individuals have the option to register as riders for the service.
  • A GPS tracking system that helps drivers find the best routes to take.
  • A system that uses artificial intelligence to optimize delivery routes.

These technologies have helped Kwik Pik improve its efficiency and transparency. As a result, Kwik Pik has been able to attract a large number of customers. In addition, the use of technology has helped Kwik Pik expand its reach into new markets.


Conclusion


The use of technology is having a significant impact on the logistics industry in Nigeria. This is leading to the emergence of new logistics companies that are using technology to disrupt the market. Kwik Pik is one such company that is using technology to improve efficiency, transparency, and accessibility. As the logistics industry continues to grow in Nigeria, Kwik Pik is well-positioned to benefit from this growth. However, technology is having a significant impact on the way logistics services are delivered. As technology continues to develop, we will likely see even more innovation in the logistics industry in Nigeria.

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Windy Mpamo

 1. Don't call someone more than twice continuously. 

If they don't pick up your call, assume they have something important to attend to.


2. Return the money that you have borrowed.

even before the person who borrowed it remembers or asks for it. It shows your integrity and character. Same goes with umbrellas, pens, lunch boxes, etc.


3. Never order the most expensive dish on the menu.

 when someone is giving you a lunch or dinner.


4. Don't ask awkward questions like, 

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5. Always open the door for the person coming behind you. 

It doesn't matter if it is a guy or a girl, senior or junior. You don't grow small by treating someone well in public.


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Eg: If you take a taxi with a friend and he/she pays now, try paying next time.


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Remember, what's 6 to you will appear 9 to someone facing you. Besides, a second opinion is a good alternative.


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 Allow them to pour it out. As they say, hear them all and filter them all.


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 If you tease someone, and they don't seem to enjoy it, stop it and never do it again. It encourages one to do more and it shows how appreciative you are.


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Say "thank you" when someone is helping you.


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 Praise publicly. Criticize privately. If you want to retain those who are present, be loyal to those who are absent.


12. A compliment goes a long way compared to a criticism.

There's almost never a reason to comment on someone's weight. Just say, "You look fantastic." If they want to talk about losing weight, they will.


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When someone shows you a photo on their phone, don't swipe left or right. You never know what's next.


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If a colleague tells you they have a doctor's appointment, don't ask what it's for, just say " hope you're okay". Don't put them in the uncomfortable position of having to tell you about their personal illness. If they want you to know, they'll do so without your inquisitiveness.


15. Respect everyone, regardless of their status, ethnicity, or age.

You can't be a good business partner or anything else unless you are a good human being to the core, Treat the cleaner with the same respect as the CEO. Nobody is impressed at how rude you can treat someone below you but people will notice if you treat them with respect.


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If a person is speaking directly to you, staring at your phone is rude.


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Never give advice until you're asked; sometimes all people need is a listening a ear free of judgments and advice. Knowing this will help you help those in need and you will not be listening to respond but to empathize with the other person.


18. Avoid unnecessary questions.

 When meeting someone after a long time, unless they want to talk about it, don't ask them their age and salary.


19. Mind your business unless anything involves you directly - just stay out of it.


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Remove your sunglasses if you are talking to anyone in the street. It is a sign of respect.


21. Understand your audience.

 Never talk about your riches in the midst of the poor. Similarly, don't talk about your children in the midst of the barren.


22. After reading a good message, try to say

"Thanks for the message".


Appreciation remains the easiest way to get what you don't have.


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