Challenge: A top-tier athletic footwear brand needed to gain quicker access to supplier information and share purchase order information with several hundred vendors and factories. The company was relying on manually intensive methods, with high error rates and long cycle times.
The Chartered Institute of Procurement & Supply (CIPS) is partnering with Procurious, an online business network for procurement and supply-chain professionals, to form a social media knowledge initiative.
Challenge: A Fortune 100 consumer product company struggled to hit target metrics for fill rates, on-time delivery, damage rates and other key distribution metrics. The company needed immediate improvements to satisfy the demands of its retail customers.
Chris and Tope Folayan, two brothers who grew up in Nigeria and attended college in the United States, founded MallforAfrica in 2013. Tope earned an M.B.A. from the Kellogg School of Management at Northwestern. After graduating, he returned to Lagos, while Chris remained in the United States. Their company makes it easier for Nigerians to place online orders for American and British products that are difficult to find in Nigerian stores and that online retailers don't offer directly to most African consumers because of troublesome customs duties and paperwork, shipping costs and the fear of fraud.