Our Auditors South Africa Blog News

Published Aug 31, 20
6 min read

Best South Africa Acts Africa

Find Auditors South AfricanNumber One South African Construction Companies Africa

The Commissioner, Mr Edward Kieswetter, has in the meantime released a media statement containing links and important information for all taxpayers throughout the Lockdown period. His declaration, together with links and other information, can be discovered Our professional tax advisory service group, is currently evaluating the in-depth tax implications and methods of possible relief available to organisations made public to date and is standing by when more info is launched by National Treasury and the SARS.

Background: Supply chains in South Africa operate in a difficult business environment. This environment affects the effectiveness and efficiency of South African services and supply chains. These elements additional influence the competitiveness of products produced in the country, the economic development and development of South Africa. Objectives: The function of this research study was two-fold: To start with, to obtain insight into the main service environment threats and other elements, from a logistics viewpoint; and secondly, to demonstrate making use of approach seldom utilized in logistics research study the sequential combined method.

Best Auditing Africa

The outcomes of these two approaches were incorporated with industry literature. Results: It was discovered that increasing transportation expenses, operational management of facilities and human resources-related issues posture the most significant challenges in the logistics industry. In addition, it was discovered that the mixed approach research study has application possibilities in logistics research.

My International Accounting Standard South AfricaFind South African Business Opportunities Africa

Nevertheless, organisations can control how they react and mitigate these risk aspects. It is shown that these factors and dangers can change over night. Find Risk management Africa. Making use of the explorative mixed method in getting qualitative and quantitative inputs and integrating it with existing literature showed to be a convenient and usable method.

My African Opportunities South Africa

( Simpson & Havenga 2012:51) Nevertheless, if one looks at the Logistics Efficiency Index (LPI) of South Africa the circumstance does not look too bad. Browse for bookkeeping services near me. A slight negative trend is nevertheless observed given that South Africa's LPI has actually reduced to 34th out of 160 nations in 2014 from 23rd out of 155 countries in 2012 (The World Bank 2012, 2014).

For instance, South Africa, as one of the BRICS countries, is carefully behind China, however far ahead of Russia, India and Brazil on the index. South Africa becomes part of and competes in the international economy. Effective and effective logistics operators (freight owners and logistics company) play an essential function in the competitiveness of the economy.

Number One South African Business Opportunities South African

However, the efficiency and performance of logistics operators and supply chains can also be influenced by numerous elements in business environment, such as the arrangement of facilities, functional management of the infrastructure, the availability of human resources and a regulative structure favorable to company and trade. Threats and restraints in business environment might negatively impact logistics organisations and the supply chains within which they run (Badenhorst-Weiss & Waugh 2014:238).

As with any dangers, in order for them to be managed, they need to be clearly recognized and their implications and importance comprehended by all included (Bredell & Walters 2007:2). This research looks for to check out, by means of a mixed technique study, key danger consider business environment that constrain the efficiency and effectiveness of logistics operators in South Africa.

Our Auditor South African

The objective of the research study was to acquire the perceptions of logistics service suppliers and cargo owners about the threats and consider the South African organisation environment that have an impact on their performance and efficiency. This was performed by ways of a quantitative research study (survey), followed by a qualitative focus group discussion to get richer data whilst appropriate industry related literature was browsed and incorporated in the research study for further insight into the risks (Badenhorst-Weiss & Waugh 2014:283).

Globalisation and the increasing complexities affect the number of issues and the danger of supply chain interruptions as supply chains get longer, more complicated and include more partners (Hailey & Jonasson 2013:55). Factors and risks in business environment that affect supply chains might change rapidly, and the management of these dangers is ending up being one of the most important locations in supply chain management.

Number One Business Strategies South Africa

Just over a year later the negative effect of electrical energy provision issues is felt by supply chains and the country as a whole. This short article looks for to make a contribution because it reports on the findings of a sequential combined method research study amongst logistics stakeholders. The post is not based upon a standard research study technique where a comprehensive literature study was done, upon which a research study technique was developed, followed by empirical research. Looking for tax for small business nearby.

The researchers and a statistical expert assisted with the development of the technical part of the instrument. The research study questionnaire is therefore been viewed as a practically-oriented instrument. The study findings provided the background to a qualitative research study. The qualitative research study was conducted by methods of a focus group discussion, to get insight into how the danger elements are experienced by logistics function gamers and what they recommend to minimize the issues.

Find Business Strategies South African

The approach followed is called the explorative blended approach (Creswell 2009:18) and although it is not a widely known method in logistics research, it still follows the basic clinical research study concepts. Logistics is concerned with the movement of items, both inbound products (inbound) and the distribution of items to the next members of the supply chain and to the end consumer (outbound) (Badenhorst-Weiss & Waugh 2014:284) - Our Auditing South Africa.

As logistics plays an essential function in guaranteeing that customers are served with the very best possible service (in terms of dependability, speed, safety, flexibility) at the most affordable possible cost, handling logistics activities for maximum efficiency and effectiveness is crucial (Badenhorst-Weiss & Waugh 2014:284). Supply chain management, on the other hand, involves the planning and management of all activities included in sourcing and procurement, conversion and all logistics management activities.

Number One Financial Accounting South African

It is clear that logistics is a crucial part of supply chain management and is often utilized as a synonym 'supply chains include logistics systems of networks' (Gattorna 2010:11). Inadequacies in one part of the supply chain will have an unfavorable influence on the performance of the supply chain as a whole - Our south african banks South African.

The crucial function of logistics in the nation's economy is captured succinctly in the following: The efficiency and growth southern African logistics market are both inputs to and outflows from the efficiency and growth southern African economy especially in the main and secondary sectors. The exchange rate, inflation rate and rate of interest straight impact the expense performance of the logistics industry.

My Ifrs Africa

Simultaneously, the performance of the logistics market specifically the expense of logistics has a bearing on the international competitiveness of South African industries. (State of Logistics Survey 2014: n.p.) South Africa's competitiveness was ranked 53rd out of 148 countries by the World Economic Online Forum (2014). South Africa hence has a contemporary economy and a well-developed logistics facilities and system.

As pointed out formerly, South Africa's LPI has reduced to 34th out of 160 countries in 2014 from 23rd out of 155 countries in 2012. Of the six factors thought about by the World Bank for the LPI, customs ranked 42nd compared to 26th in 2012; tracking and tracing ranked 41st compared to 16th in 2012; infrastructure ranked 38th compared to 19th in 2012 (The World Bank 2012, 2014).

Navigation

Home