INTERNATIONAL SOURCING
Nigeria stands out as one of the rapidly advancing economies in West Africa, boasting substantial manufacturing capabilities. However, successfully sourcing from Nigeria requires navigating certain considerations to ensure a smooth procurement process. Here’s how to achieve success:

DISTINGUISH BETWEEN BUYING AND SOURCING
While purchasing from familiar suppliers is straightforward, sourcing involves identifying the right supplier, whether they are manufacturers, importers, or distributors. It revolves around securing competitive pricing and favorable delivery terms.

DEVELOP A ROBUST PROCUREMENT STRATEGY
Procurement encompasses the entire sourcing and purchasing process. Establishing a strategy that balances sourcing efforts, negotiating favorable prices, and ensuring optimal terms is crucial. For substantial procurements, conducting a comprehensive search is advisable, and utilizing a sourcing partner can streamline the process, especially when sourcing internationally.

SELECT THE RIGHT MANUFACTURERS AND VERIFY THOROUGHLY
Before finalizing orders for complex products or large quantities, thoroughly vet potential suppliers. If unable to visit personally, entrust someone knowledgeable about the local market and language to conduct checks.

UNDERSTAND EXPORT AND IMPORT PROCEDURES
Knowledge of export duties and customs procedures is essential, as they impact the financial viability of sourcing from abroad and influence shipping times. Researching Nigeria’s regulations and applicable duties beforehand is crucial.

SCA-PARTNER CAN FACILITATE YOUR GLOBAL SUPPLY SEARCH
SCA-Partner is a global network specializing in business development. Active across major economies worldwide, we engage extensively with manufacturers and trading entities. Leveraging our international team, we simplify the process of finding Nigerian suppliers who can provide unique product features or competitive pricing.