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Exchange rate volatility, particularly in Nigeria, poses a significant risk to financial stability and profitability. Here’s why:
Fluctuating exchange rates impact import/export costs, jeopardizing competitive pricing and profitability.
Exchange rate volatility disrupts the global supply chain, causing delays, increased costs, and potential revenue loss.
Exchange rate volatility disrupts the global supply chain, causing delays, increased costs, and potential revenue loss.
To mitigate risks and safeguard financial well-being, consider the following measures:
Implement policies to hedge against currency exposure, stabilizing costs and ensuring financial planning certainty.
Assess sourcing materials locally to reduce dependence on imports, mitigating currency-related risks.
Engage with trusted financial institutions for innovative solutions to manage exchange rate risks, receiving tailored advice.
We procure all agricultural commodities produced in West Africa for export.
Our financing options include CAD, LC arrangements, and Advance Payments to secure more competitive pricing.
We maintain a standard operating procedure to ensure that products are well-dried, sorted, and graded to meet international standards.
Our Logistics department takes care of all the necessary documentation, including third-party inspections for our customers.
Depending on our overseas customers' requirements, we handle both bulk and specific packaging requests in accordance with global best practices.
We expertly handle consignments, whether it involves bulk loading onto vessels, stuffing containers in bulk, or any other packaging method, to meet our customers' precise requirements.
We manage both charter vessels and container freight, including road haulage, to secure competitive rates, whether on a CFR or FOB basis.
This is primarily used for bulk vessels when necessary, providing a temporary facility (silos, tanks, warehouses) in close proximity to the port for loading bulk vessels based on volume, avoiding demurrage.
Say goodbye to sourcing headaches! Our import division specializes in delivering premium FMCG agricultural products sourced from the best of our network of sources across West and Central Africa, Europe, South America, and Asia. Rest assured, your needs are met with quality and reliability.
When importing bulk cargo, dry bulk or tankers, we consolidate orders from various Blu Chi companies to maximize the shipment load resulting in a lower cost for each customer.
Ease your currency concerns with our expertise in FX sourcing and documentation. Our team specializes in helping you secure the best exchange rates and navigate the necessary paperwork for your international transactions. From managing currency conversions, hedging, to handling documentation, we make sure your imports are hassle-free.
We use a mix of our customer and corporate overseas funding to ensure orders are fulfilled on time and on a plan with no delays.
Whether handling dry bulk, bulk tanker vessels, road transport or Containers, we have the experience to manage smooth operations through meticulous planning and organization in advance of shipment arrivals to ensure no demurrage has incurred.
We have access to storage facilities including tank farm, silos and warehouses in key port locations built on our long standing our relationships, experience and transactions with various business partners across the region.
We ensure full compliance with all government agencies.