BusinessNews

ITC signs partnership with Pamela Steele for supply chain management in Ethiopia

ADDIS ABABA – The International Trade Centre (ITC) has signed a five-year Memorandum of Understanding (MoU) with Pamela Steele Associates Ltd (PSA) for supply chain management in Kenya, Nigeria and Ethiopia.

The agreement formalizes the cooperation between the two organizations to develop relevant e-learning courses on supply chain management and promote its best practices with a focus on small businesses.

The pandemic has changed how international supply chains will be organized in the future.

“More than ever these pathways must work for small businesses to incorporate greener, sustainable measures and support greater digital use and access across the supply chain,” said Pamela Coke-Hamilton, Executive Director, International Trade Centre.

Procurement costs represent up to 60% of a company’s overall supply chain budget of ITC – the joint agency of the World Trade Organization and the United Nations.

It is therefore important for small businesses to focus on ways to reduce costs and improve performance, which will lead to substantial savings, competitive benefits, and increased profit, the Centre says.

The collaboration affirms the company as a strategic partner in supply chain management for the International Trade Centre within the region.

“Small businesses struggle to grow due to lack of capital and a limited access to supply chain skills development. This partnership could not have come at a better time when African countries have just signed a continental trade agreement,” said Pamela Steele, Transformational Director of Pamela Steele Associates.