BLOGS – Golden Alchemy

Futureproof Your Supply Chain: Top Logistics Trends Every Business Needs to Know in 2024

As a supply chain leader, what logistics trend will you adopt to hold down your foot in the industry in 2024? The ever-evolving landscape demands adaptability for staying competitive, especially in the face of challenges like the escalating pace of deliveries, the surge in e-commerce, and the scarcity of skilled labour. Let’s explore emerging trends, understanding how they promise to reshape and propel the logistics industry into the future. DigitalisationThe era of digitalisation, once a distant concept, is now a tangible reality, transforming the landscape of the shipping industry. Companies within shipping and logistics are swiftly integrating advanced digital tools like Artificial Intelligence (AI) and blockchain visibility to enhance real-time tracking and amplify supply chain visibility. A monumental shift toward paperless shipping is also underway. Golden Alchemy International is at the forefront of this digital evolution, wholeheartedly embracing these cutting-edge tools and techniques to elevate and optimise our service delivery. […]

January 29, 2024
36
environmental, logistics, Outdoor

Beyond the Bricks and Mortar: Demystifying Real Estate Investing for Savvy Savers

Nigeria’s real estate market is like a dazzling diamond in the rough. Brimming with potential, it boasts a booming population, a burgeoning middle class, and a relentless spirit of innovation. Yet, nestled beneath the sparkling surface lie challenges that can trip up even the most seasoned investor. Fear not, intrepid developers and property hopefuls! This article is your roadmap to navigating Nigerian real estate’s exciting yet complex terrain. In the heart of the African Giant, a dynamic narrative unfolds, depicting unprecedented opportunities in the real estate sector. The escalating demand for housing, driven by Nigeria’s booming population, which is expected to surge by millions by 2050, is reshaping the urban landscape of vibrant megacities like Lagos and Abuja. Amid recent economic challenges, Nigeria proudly stands as Africa’s largest economy, boasting a formidable GDP surpassing $448 billion. This economic resilience has spurred growing disposable incomes, kindling an ever-increasing appetite for property […]

December 18, 2023
34
environmental, logistics, Outdoor

The Untapped Potential: Why Nigeria’s N3 Trillion Logistics Sector Demands Urgent Government Attention

Nigeria’s logistics, courier, and transport sector is a sleeping giant. Valued at over N3 trillion, it has the potential to be a significant driver of economic growth and development. However, the sector is currently hampered by several challenges, including poor infrastructure, inefficient regulations, and a lack of access to finance. The Untapped Potential The Nigerian logistics sector is a major contributor to the country’s economy. It accounts for an estimated 10% of GDP and employs millions. However, the sector is still underdeveloped and has the potential to grow significantly. The Nigerian economy is experiencing robust growth, fostering an escalating need for comprehensive logistics services. A pivotal factor driving this demand is the rapid surge in e-commerce activities within the country. The e-commerce landscape in Nigeria is evolving swiftly, presenting logistics providers with novel opportunities and challenges. As the digital marketplace expands, the demand for efficient and reliable logistics becomes even […]

December 13, 2023
24
environmental, logistics, Outdoor

Logistics and Sustainability: How to Reduce Your Environmental Impact

Logistics is the process of planning and implementing the movement of goods and services from one point to another. It is an essential part of the global economy, enabling trade, commerce, and consumption. However, logistics also significantly impacts the environment, as it consumes resources, generates emissions, and creates waste. According to the European Environment Agency, the logistics industry is responsible for around a quarter of global carbon dioxide emissions, and this share may rise to 40% by 2050 unless strong actions are taken. Therefore, logistics companies must adopt sustainable practices that reduce environmental impact and contribute to global efforts to combat climate change. Sustainability is a moral duty and a competitive advantage, as it can improve efficiency, reduce costs, enhance reputation, and attract customers. As you read further, you’ll discuss ways logistics companies can reduce their environmental impact and become more sustainable. 1. Optimise Routes And Modes Of Transport One […]

November 29, 2023
25
environmental, logistics, Outdoor

Commodity Trading as an Investment Option in Nigeria: Trends and Insights

Commodity trading is the buying and selling physical goods such as agricultural products, energy products, metals, and minerals on organised markets. Commodity traders aim to profit from price fluctuations, supply and demand dynamics, and arbitrage opportunities in the global commodity markets. Commodity trading can offer investors a way to diversify their portfolios, hedge against inflation and currency risks, and access emerging markets. As Africa’s largest economy and the most populous country, Nigeria has a huge potential for commodity trading, especially in the food and energy sectors. Nigeria has a large domestic demand for food products such as spaghetti, sugar, salt, flour, and fertiliser and a growing export market for oil and gas. However, Nigeria also faces many challenges in its commodity sector, such as low domestic production, high import dependence, poor infrastructure, volatile prices, and policy uncertainties. We will explore some of the trends, opportunities, and risks in the commodity […]

November 18, 2023
25
commodity, Trading

Sustainable Commodity Trading and the Future of Commodities Trading in Nigeria

Commodity trading in Nigeria revolves around exchanging raw materials, such as oil, agricultural products, solid minerals, and natural gas. Historically, Nigeria’s economy has heavily depended on oil exports, the country’s primary revenue driver.

October 24, 2023
35
commodity, logistics, Trading

The Role Of Women In The Commodities Trading Industry

women contribute substantially to the commodities trading industry as leaders and traders while supporting their peers’ advancement through mentorship. Despite challenges like gender stereotypes, networking disparities, and work-life balance concerns, women are steadily breaking barriers and carving out successful careers in this dynamic and lucrative field.

October 20, 2023
37
Trading, Women

Futureproof Your Supply Chain: Top Logistics Trends Every Business Needs to Know in 2024

Beyond the Bricks and Mortar: Demystifying Real Estate Investing for Savvy Savers

The Untapped Potential: Why Nigeria’s N3 Trillion Logistics Sector Demands Urgent Government Attention

Logistics and Sustainability: How to Reduce Your Environmental Impact

Commodity Trading as an Investment Option in Nigeria: Trends and Insights

Sustainable Commodity Trading and the Future of Commodities Trading in Nigeria

The Role Of Women In The Commodities Trading Industry

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