Suitroh Nigeria Limited, a fintech-enabled logistics company, has introduced its new digital platform, X-Inventory, to tackle long-standing supply chain and financing challenges faced by small and medium-sized enterprises (SMEs) across Nigeria.
Unveiled during a recent trade conference in Lagos, the X-Inventory platform is designed to connect financial institutions, manufacturers, and retailers to streamline trade operations and improve access to goods and capital.
Speaking at the event, Ridwan Oderinu, CEO of Suitroh Nigeria Limited, said the platform aims to bridge critical gaps in Nigeria's trade ecosystem by fostering stronger partnerships between banks and manufacturers—including original equipment manufacturers (OEMs) and pharmaceutical firms.
Read also,
"X-Inventory is focused on resolving the root issues in the supply chain," Oderinu explained. "It creates a direct link between key players—banks, manufacturers, distributors, wholesalers, and retailers—so that product movement and payments are simplified and more efficient."
Although the platform is still onboarding users, several banks are already partnering with Suitroh to connect manufacturers to the system. These financial institutions are expected to play a vital role in facilitating product access and trade finance for downstream actors, particularly SMEs that struggle to secure funding and reliable supply chains.
The platform promises to be a game-changer for small businesses, offering them a structured and digitized pathway to access inventory and financial services in one ecosystem.
No comments:
Post a Comment