Owners of the supermarket chain Shoprite Nigeria, Retail Supermarkets Nigeria (RSN) Limited, have emphasized the importance of growing alliances and fortifying ties with suppliers in order to improve the country’s retail sector.
As a result, the business held its inaugural Supplier and Partner Forum in Lagos. More than 200 suppliers and partners attended the meeting.
The chief executive officer, of RSN, Hubertus Rick, said: “the gathering presented a platform to engage suppliers and partners and build their understanding of the business goal to serve as a catalyst in the transition from the traditional open market retail trade formats to novel formal retail models in order to develop and promote fair, efficient and competitive markets, aid national development and sustainable economic growth in Nigeria.”
Rick buttressed the role of suppliers and partners in Shoprite’s plans, stating that: “expansion is a core pillar of our growth strategy, and we depend on the support of our suppliers and partners to collaborate to achieve this vision. We need Supplier-Partner collaboration to drive sustainable profitable growth and yield shared value for not just our suppliers but all our other partners.”
The stakeholders identified areas for improvement during the discussions, and the management acknowledged the need for help from its suppliers to promote sustainable growth.
Also, Tayo Amusan, chairman of RSN, voiced his excitement for Shoprite’s future, saying: “At RSN, we are confident in providing high-quality goods and services that connect with and satisfy our consumers’ demands. We will continue to be committed to embracing sustainable practices as we work with our suppliers to bring value to customers and strengthen our local supply network in the retail sector.
