Evaluation of Supply Chain Management Challenges of multinational Companies in West Africa under the ECOWAS Trade Liberalization Scheme (ETLS)
Publication Date: 29/04/2024
Author(s): Okuoyibo Azuka Monday, Okorefe Charles (Ph.D.), Sylvester Maduabuchi Awgu.
Volume/Issue: Volume 7 , Issue 2 (2024)
Abstract:
This paper examined the Supply Chain Management challenges of multinational companies in West Africa under the ECOWAS trade liberalization scheme. The objective of the study includes to identify the various ECOWAS's regional integration protocols, Assess the level of implementation of ETLS among members state and evaluation of the various negative factors affecting full implementation of ETL, among others. The methodologies adopted includes Qualitative and quantitative method of data collection including literature review, expert interview, survey and case studies over a sample of 150 multinational companies (MNC). The results reveal that Complex and Non-Transparent Regulations exists among the MNC in the West African region, existence of Inadequate Infrastructure and Logistics, Non-Harmonized Trade Facilitation Measures as well as weak institutional co-ordination and enforcements. The study concludes that ETLS presents both opportunities and challenges for MNCs operating in West Africa and recommends among others the Simplification and Harmonization of Trade Regulations, investment in infrastructures and logistics as well as strengthening of institutional co-ordinations and enforcements.
Keywords:
Supply Chain, Ecowas, Trade Liberalization Scheme.
