Capsa, in partnership with Lagos Business School, recently hosted an executive course on “Supply Chain 4.0: Technology, Factoring, and the Future of Supply Chain”. This program gathered executives from various industries including pharmaceuticals, healthcare, oil and gas, and manufacturing.
Chukwuka Nwagbara, Capsa’s chief operating officer, emphasized their commitment to enhancing the supply chain ecosystem by offering an affordable, speedy, and convenient form of financing. In just two years, they’ve empowered businesses with over N13.7 Billion, ensuring they have the working capital they need without resorting to additional loans or equity.
Capsa’s CEO, Mustapha Suberu, outlined their mission to support small businesses through factoring and reverse factoring solutions. These methods provide businesses with direct cash flow, enabling them to maintain seamless operations.
Suberu highlighted the transformative impact of technology on the supply chain sector. It helps unlock critical cash flow, particularly in the face of challenges like currency fluctuations.
Frank Ojadi, Academic Director at LBS, praised Capsa Technology Ltd for pioneering supply chain innovations with their software. This innovation addresses working capital management challenges and was well-received by users at the Supply Chain and Logistics 4.0 masterclass at Lagos Business School.
The software effectively brings together investors, vendors, and supply chain organizations to find lasting solutions for these challenges. Attendees at the course included directors, heads of procurement, finance managers, and supply chain and logistics managers. They collaborated to explore the latest strategies and technologies shaping the future of supply chain management in Nigeria and beyond.