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Jumia Launches Quick Commerce Platform In Nigeria With 20 Minutes Delivery In Lagos

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Jumia Launches Quick Commerce Platform In Nigeria With 20 Minutes Delivery In Lagos

…Convenient new neighborhood micro fulfillment centers will support faster and easier delivery of everyday products to consumers

Olushola Okunlade Writes

Jumia (NYSE:JMIA), the leading e-commerce platform in Africa, announced on Wednesday the launch of a quick commerce platform in Nigeria dubbed Jumia Food Mart to meet increased consumer demand for rapid delivery.

The move will enable consumers to receive their online grocery orders in a record time of under 20 minutes, offering convenience at its best.

Last-mile delivery via micro fulfillment centers within the neighborhood is a new concept that will revolutionise delivery times for Jumia consumers and make online grocery delivery faster than ever before.

Consumers will also benefit from free delivery of popular, fast-moving consumer goods, including up to 4,000 items, from leading local and global brands. More than 5 locations are now served within Lagos, including Opebi, Alausa, Victoria Island, Ikoyi, and Lekki.

“We’re excited to bring quick commerce to Nigeria and continue to deliver an amazing experience to our consumers. Consumer behaviour and lifestyles are changing with speed and convenience becoming more important than ever. It’s a great achievement for our logistics team who resolved many challenges to make it happen. We believe that Jumia’s quick commerce offering meets our consumers’ demand for the convenient, fast delivery of everyday products, especially in this post-COVID era. Our micro fulfillment centers within neighborhoods will enable us to deliver to consumers in rapid time,” said Massimiliano Spalazzi, Jumia Nigeria CEO.

With a young population and emerging middle class, Nigeria’s consumers are eager to have access to the quick commerce revolution they see across the world. Jumia is the first to introduce quick commerce at this scale in Lagos, and we’re excited about the future opportunities and possibilities in Nigeria,” said Zachary Dyce, Jumia’s Head of Dark Stores.

Jumia has witnessed a great shift to everyday products since the COVID-19 outbreak as a result of consumers’ shifting preference toward e-commerce, and its new “dark store” concept represents an important step forward in making online shopping more convenient than ever before.  The Africa e-commerce report entitled Jumia Africa E-Commerce Index 2021 cited groceries and everyday essentials as the best-selling products on Jumia during the pandemic, which is a fast-growing category on Jumia.

Know More About Jumia: We believe that technology has the potential to transform everyday life in Africa, for the better. We built Jumia to help consumers access millions of goods and services conveniently and at the best prices while opening up a new way for sellers to reach consumers and grow their businesses.

Jumia is a leading e-commerce platform in Africa. Our marketplace is supported by our proprietary logistics business, Jumia Logistics, and our digital payment and fintech platform, JumiaPay. Jumia Logistics enables the seamless delivery of millions of packages while JumiaPay facilitates online payments and the distribution of a broad range of digital and financial services.

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Dangote Boosts Abuja Trade Fair

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World Water Day: Dangote, Others Make Case For GroundWater Protection

Olushola Okunlade Writes

The Dangote Group has been described as a significant premium player as over 300 corporate exhibitors are participating in the 17th Abuja International Trade Fair (AITF) that is expected to be declared open by President Muhammadu Buhari on Friday.  

Speaking to newsmen, the Director-General of the Abuja Chamber of Commerce and Industry (ACCI), Ms. Victoria Akai said: “As a member of ACCI, the Dangote Group further strengthens the position of ACCI in implementing business activities and advocating for business-friendly policies.

”The DG said the Dangote-ACCI partnership is strategic and geared towards showcasing made-in-Nigeria products, which will help inform prospective exporters about the available opportunities and processes.  

Ms. Akai said the company had been a significant sponsor of the Abuja International Trade Fair, including this year’s Trade Fair. In the same vein, the President of ACCI, Dr. Al-Mujtaba Abubakar, told newsmen that the theme for this year’s exhibition: “Creating an Export Ready Market through SMEs Digitization,” offers a wide range of opportunities for Small and Medium Enterprises to ginger their performance, and especially in relation to the non-oil sector.  

He said: “The Abuja International Trade Fair, since its inception, has served Nigeria as a trusted global trade destination and a potential market for over 50,000 consumers.”

The 17th AITF is scheduled to hold between Friday, September 30 and Sunday, October 9, 2022, at ACCI Abuja International Trade Fair Complex.  

The Dangote Group’s Executive Director of Government and Strategic Relations Engr Mansur Ahmed said the partnership with ACCI offers the company the opportunity to display its numerous innovative products while contributing its quota to the Nigerian economy through Trade Fairs and expos.  

He said the President of the Group Alhaji Aliko Dangote is passionate about developing the Nigerian economy, exporting made-in-Nigerian goods, earning foreign exchange, and creating jobs for the populace. Engr Ahmed said the company is desirous of entering into any strategic partnership that will set the country on the path of rapid growth and development.  

Aside government, the Dangote Group is the second biggest employer of labour in Nigeria.  

A statement by the Corporate Communications Department of the company said a special help desk has been set up at the company’s pavilion to respond to queries while urging participants to leverage the numerous innovative products which include the: Dangote Fertiliser, Dangote Sugar, Dangote Cement, Dangote Salt, and lots more.  

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PhotoNews: LCCI President Visits Association Of German Chambers Of Commerce And Industry (DIHK) In Berlin, Germany

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LCCI President Visits Association Of German Chambers Of Commerce And Industry (DIHK) In Berlin, Germany

Olushola Okunlade Writes

The President of the Lagos Chamber of Commerce (LCCI), Dr. Michael Olawale-Cole, CON, has paid a courtesy visit to the Association of German Chambers of Commerce and Industry (DIHK) in Berlin, Germany.

Asiwaju Dr. Michael Olawale-Cole, CON met Mr. Heiko Schwiderowski, Director of the Africa section of the Association of German Chambers of Commerce and Industry (DIHK) during a courtesy visit to the Association of German Chambers of Commerce and Industry (DIHK) in Berlin, Germany on Thursday, September 28, 2022.

LCCI President Visits Association Of German Chambers Of Commerce And Industry (DIHK) In Berlin, Germany
President of the Lagos Chamber of Commerce (LCCI), Dr. Michael Olawale-Cole, CON, and Mr. Heiko Schwiderowski, Director Africa Section of the Association of German Chambers of Commerce and Industry (DIHK) during a courtesy visit to the Association of German Chambers of Commerce and Industry (DIHK) in Berlin, Germany on Thursday, September 28, 2022.
LCCI President Visits Association Of German Chambers Of Commerce And Industry (DIHK) In Berlin, Germany
President of the Lagos Chamber of Commerce and Industry (LCCI), Dr. Michael Olawale-Cole, CON, and Mr. Edgar Zedler Head of Regional Affairs NUMOV/ German Near and Middle East Business Association during a visit to the Association office in Berlin, Germany on Thursday, September 28, 2022.

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The Impact Of E-commerce On Supply Chain

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The Impact Of E-commerce On Supply Chain

….as Jumia leads the fast and reliable digital market hub

Olushola Okunlade Writes

The rise of E-commerce and the digital marketplace has changed the composition of consumers buying behavior and expectations, as consumers now expect fast, free shopping and competitive pricing.

This demanding delivery schedule challenges traditional logistics and supply chain models, and companies are now forced to adjust their strategies to provide the low-cost and on-demand delivery service that consumers now demand.

Technological advances in many aspects of our lives have resulted in buying, selling, and other forms of transactions being executed online. Once the consumer makes an online purchase, the work begins to transport the products from the seller to the consumer – and that’s where the logistics sector comes into play.

Statista claims that the logistics sector is one of the pillars of global trade, valued at more than 5.7 trillion euros.

In Nigeria, the logistics and supply sector is growing exponentially. According to the 2018 Logistics & Supply Chain Industry Report, Nigeria’s logistics industry was worth 250 billion naira ($696 million) as of 2018, which represents an increase of 50 billion naira ($140 million) from 2017 statistics. This value has increased over the years. The industry is currently expanding because of improved aviation and rail infrastructure, stronger international relations, expansion in the manufacturing and export industries, and continuous e-commerce growth.

E-commerce and the Supply Chain Sector

The Impact of E-commerce on Supply Chain

The supply chain links numerous parties and organisations, including consumers, enterprises, merchants, financial, and information flows. To deliver high-quality services and products, managing various groups and activities requires a method that can effectively and efficiently integrate interactions among the entities, particularly when organisations use resources from different regions of the world.

The supply chain has grown more adaptable and effective as a result of e-commerce. It has given businesses fresh and creative ways to connect with consumers. E-commerce also has made it possible for companies to offer goods directly to consumers instead of through conventional retail channels.

The increase in e-commerce adoption has made logistics services a necessary component of daily living in Nigeria’s major commercial cities. Access, cycle time, dependability, and cost of logistics are directly impacted by the state of the available infrastructure and the degree of integration. High-performance government agencies, funding, and industry expertise are also essential. Therefore, logistics is a primary marker of economic advancement as represented in trade facilitation and company competitiveness.

How E-commerce is Revolutionising the Supply Chain Sector

The Impact Of E-commerce On Supply Chain

E-commerce has several advantages in the supply chain sector. Firstly, it offers real-time data on inventory levels and order status. This lowers the possibility of stockouts or overstocks by helping businesses to make better decisions about when to produce or order products.

Collaboration between businesses and their suppliers and consumers is also made simpler by e-commerce. For instance, a business can quickly place orders and submit estimates to suppliers. This lessens the amount of paperwork required and helps to speed up the ordering process.

A company like Jumia in the supply chain sector, through e-commerce, connects vendors with consumers across a broad delivery area. As a result, local vendors and international brands can effectively reach more consumers across the country using the platform. In addition, consumers’ shifting preferences, lifestyles, and behaviours have led companies like Jumia to introduce quick commerce to make online shopping more convenient than ever before.

With speed and convenience becoming more important than ever, Jumia opened its logistics services to third parties. Its logistics network smoothly connects hundreds of logistics partners across Nigeria, from small business owners to significant logistics service providers. It offers merchants the advantage of a distributed and scalable logistics service and gives consumers quick access to the products they desire.

What Does the Future Hold for Logistics?

The Impact Of E-commerce On Supply Chain

Technology remains a strategic imperative for supply chain organisations. In the next three to five years, we will see an increase in the adoption of digital supply chain technologies, including those that improve human decision-making.

It is predicted that the future of the supply chain sector will be defined by data, analysed by artificial intelligence, and driven by machines. Gartner has predicted that by 2023, AI techniques will be embedded across 50% of all supply chain technology solutions.

Already, Jumia Logistics is leading the forefront, as the company has invested in machine learning and several data science techniques. This has helped to offer more precise delivery times based on multiple factors, and even to predict the ideal routes that delivery agents can rely on to meet their targets. Consequently, online consumers will have better experiences on the mobile app with greater certainty about the progress of their orders from purchase to delivery.

Furthermore, the company’s move into drone delivery with its recently announced collaboration with Zipline, the world’s largest instant delivery service, is another game changer for the industry. Using the latest instant logistics technology, Jumia will be able to offer consumers living in rural or remote areas on-demand delivery of the products they need.

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