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Slated to be Nigeria’s first deepsea port and the deepest such facility in sub-Saharan Africa, work on Lekki began in March 2018 and is targeted to be complete in 2022. The port will help meet rising demand for containers in Nigeria, the compound annual growth rate of which is forecast to be 12.9% between 2016 and 2025.
Kobo360 raised $20 million in a Series A round headed by Goldman Sachs in 2019 [13] and $10 million in working capital funding from Nigerian commercial banks. [14] [13]Kobo360 raised an additional $56 million in its series B round led by Afrexim Bank's equity arm - The Fund For Export Development in Africa (FEDA), with participation from existing investors.
Red Star Express is a Nigerian logistics company which includes local and international deliveries, freight forwarding, combined warehousing and haulage services, and document management, and e-commerce order fulfillment services. [2]
In a research project undertaken by Michigan State University's Broad College of Business, with input from 50 participating organizations, the main issues of concern to supply chain managers were identified as capacity/resource availability, talent (recruitment), complexity, threats/challenges (supply chain risks), compliance and cost ...
Logistics engineering as a discipline is a very important aspect of systems engineering that also includes reliability engineering. It is the science and process whereby reliability , maintainability , and availability are designed into products or systems.
A warehouse in South Jersey, a U.S. East Coast epicenter for logistics and warehouse construction outside Philadelphia, where trucks deliver slabs of granite [1]. Logistics is the part of supply chain management that deals with the efficient forward and reverse flow of goods, services, and related information from the point of origin to the point of consumption according to the needs of customers.
Design for logistics is a series of concepts in the field of supply chain management involving product and design approaches that help to control logistics costs and increase customer service level. These concepts were introduced by Professor Hau Lee of Stanford University , and have the three key components: Economic packaging and ...
On average 13.2% of every household's budget is spent on transport, which still depends heavily on fossil fuels and represents an important source of CO 2 emissions. [ 1 ] [ 2 ] Emissions from road freight transport have risen by more than 20% since 1995, counterweighting the increased energy efficiency of vehicles.