My Compliance Africa Blog News

Published Aug 23, 20
6 min read

Find Auditor Africa

The sequential blended technique was utilized in this study. This approach consists of either a quantitative and qualitative (quant-qual) study or a qualitative and quantitative (qual-quant) study. Mixed method research studies provide a pragmatic world view. With this technique diverse types of information are gathered which lead to an understanding of the research study problem (Creswell 2009:18): The quant-qual research study starts with a broad study in order to generalise results to a population and then, in a second stage, concentrates on qualitative, open-ended interviews to gather in-depth views from participants.

To adapt the survey material for the qualitative research study, the items (or questions) in the questionnaire were categorised by the scientists to form the themes or subjects for the focus group discussions. A third element in the kind of available literature of primarily supply chain industry related reports and magazines were incorporated to compare the findings.

Best Talent Management South AfricanBest Financial Planning Africa

The SASC members consist of mainly big freight owners and logistics provider in South Africa. (Freight owners are included in logistics activities for their own items [freight], and the provider use logistics services to other organisations.) These freight owners and provider are faced daily with obstacles in the business environment that affect their efficiency, effectiveness, client service and eventually the competitiveness of the entire supply chain (Badenhorst-Weiss & Waugh 2014:285).

Nineteen (19) business environment threat aspects were recognized and included in the questionnaire. The questionnaire was discussed with the researchers and a statistical consultant and enhanced several times before finalisation and was checked to guarantee the credibility of the instrument. The survey was performed in 2013 amongst members of the SASC, the Chartered Institute of Logistics and Transport in South Africa (CILTSA) and the Transportation Forum (Badenhorst-Weiss & Waugh 2014:285).

Follow-up emails were sent to increase the low response rate. Due to strict research study ethics guidelines at the institution the scientists are connected to, the researchers might not use techniques such as further e-mails, putting pressure on the people to react or provide rewards to increase the action rate. For that reason, sadly, only 51 functional responses were gotten.

Best Short Term Insurance South African

Regardless of the low action rate and the resultant bias it was decided to continue with the catching of the information, given that the findings of the study formed only one of the inputs to the research study. The finished surveys were looked for inconsistencies and omissions and the caught information was processed and analysed using SPSS (Badenhorst-Weiss & Waugh 2014:285).

Naslund (2002) specified that logistics scientists also require to do qualitative studies: 'Additionally, if we genuinely wish to develop logistics, to establish new theories and concepts, then we require to question our paradigms, approaches and option of techniques.' The qualitative study was performed by means of a focus group conversation - Find it company south africa Africa.

A focus group is defined by Cooper and Schindler (2008) as: [t] he synchronised participation of a little number of research study participants (typically 8 to 10) who communicate at the direction of a moderator to produce data on a specific concern or subject, extensively utilized in explorative research studies and normally last 90 minutes to two hours (Search for accounting firms in south africa near me).

704) According to Cooper and Schindler (2011:162), the sample style of a qualitative research study can be non-probability or purposive and the sample size little. With non-probability or purposive sampling not all the individuals in the population will get an equivalent chance to be chosen (Zikmund et al. 2013:392). This implies that scientists have the flexibility to select individuals subjectively, that is, each member of the population does not have a known chance of being consisted of (Cooper & Schindler 2008:379). "But because the knock-on impact is felt in several layers in the supply chain, I think there'll be rather a bit of Tier 1 to Tier 3 provider mapping post-COVID." When making business have actually done the mapping, it may be clear that they're too reliant on specific suppliers or particular regions.

( It's just like customers may have a back-up store to get products they need.) "As COVID-19 started to rear its awful head, we began to feel the effect locally due to the fact that of the physical stock that was coming out of the Far East," Linnell states. "That was a known threat that began to impact the supply chains for a lot of companies in South Africa.

My It Company South Africa South Africa

So that was among the methods." Under typical scenarios, it takes time for making business to onboard new vendors. However on the planet of COVID-19, some business were so desperate to get stock that they were partnering with providers that put them at danger. In many cases, there was negligence that triggered quality control concerns or straight-out fraud that cost business (and federal governments) millions.

" For a few of the pharmaceutical companies, there's obviously been a massive demand for supplies (masks, ventilators, and so on). However they could not stay up to date with the need for what was required so they were trying to find several providers all over the place. Regrettably, breakdowns in the procurement procedures were unavoidable." To avoid this kind of interruption throughout the COVID-19 pandemic, making companies need to do more comprehensive research study into their providers.

It has to do with knowing who your suppliers are, what services or products they offer, and how reliant you are on them. As soon as you've 'run the risk of ranked' them, you can put mitigating controls in place. "Look at different strategies for your different suppliers based on products, services, and risk direct exposure," Linnell says. "If it's a crucial single source supplier simply put, I can just get an element from them and not from anybody else then typically we put in location service level contract clauses that state that the supplier must make an alternate strategy to ensure services to the organisation.

Once they've supplied that information, we can understand the broader impact." If a provider can't satisfy their agreement, due to COVID-19 or any other factor, it's important to know this. Sadly, numerous manufacturing business have a problem with reporting. They might sign up an event however not have the ability to fully understand how it affects the whole service (Browse for forensic auditors near you) (Our business strategies South Africa).

" For instance, if a making company has a raw product problem, it tends to stay in that department. It does not get aggregated up or intensified as a threat. Worse, companies are reverting to archaic Excel-based reporting when they should be using advanced supply chain mapping software that can portray the interdependencies." Indeed, with all the developments in innovation from huge data and expert system to advanced analytics and the ' Internet of Things' now is a fun time for companies to discover about the new tools that could make things simpler during COVID-19 and beyond.

Navigation

Home