Supply chain management: How SMEs can succeed in Africa.

Supply chain management: How SMEs can succeed in Africa.Small and medium enterprises (SMEs) have great potential for expansion in Africa, because they are agile and flexible enough to exploit the opportunities in the continent’s growing economies. John Lucas, country manager of DHL Express South Africa opined that SMEs however need to make supply chain management part of their business plan if they want to succeed. “According to DHL’s own research, conducted by HIS Global Insight, SMEs that engage in international markets are twice as likely to be successful than those that only operate domestically.” He said “In order to succeed, an SME needs to be able to increase inventory velocity, achieve the shortest possible cycle times, continually improve their supplier performance and drive their sales and market share. Supply chain management is central to this.”