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Published Sep 05, 20
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The Commissioner, Mr Edward Kieswetter, has in the meantime released a media declaration consisting of links and important details for all taxpayers throughout the Lockdown period. His declaration, together with links and other details, can be found Our professional tax advisory service team, is currently analysing the in-depth tax ramifications and methods of possible relief available to companies revealed to date and is standing by once further information is launched by National Treasury and the SARS.

Background: Supply chains in South Africa operate in a tough service environment. This environment influences the efficiency and efficiency of South African businesses and supply chains. These factors further affect the competitiveness of items produced in the nation, the financial growth and development of South Africa. Objectives: The function of this study was two-fold: To start with, to obtain insight into the primary business environment threats and other factors, from a logistics perspective; and secondly, to demonstrate using approach seldom utilized in logistics research study the consecutive combined approach.

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The results of these 2 methods were integrated with market literature. Outcomes: It was discovered that increasing transport expenses, operational management of infrastructure and human resources-related problems pose the greatest challenges in the logistics market. In addition, it was found that the mixed technique research study has application possibilities in logistics research.

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Nevertheless, organisations can control how they respond and mitigate these danger factors. It is revealed that these factors and dangers can change over night. Find opportunities in africa Africa. Making use of the explorative combined method in obtaining qualitative and quantitative inputs and integrating it with existing literature showed to be a workable and functional approach.

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( Simpson & Havenga 2012:51) Nevertheless, if one takes a look at the Logistics Efficiency Index (LPI) of South Africa the circumstance does not look regrettable. View our accounting firms near me. A minor unfavorable trend is nevertheless observed considering that South Africa's LPI has reduced to 34th out of 160 countries in 2014 from 23rd out of 155 countries in 2012 (The World Bank 2012, 2014).

For instance, South Africa, as one of the BRICS nations, is closely behind China, but far ahead of Russia, India and Brazil on the index. South Africa is part of and contends in the global economy. Efficient and efficient logistics operators (freight owners and logistics provider) play an important function in the competitiveness of the economy.

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However, the effectiveness and efficiency of logistics operators and supply chains can also be affected by different consider business environment, such as the arrangement of facilities, operational management of the infrastructure, the schedule of personnels and a regulatory framework favorable to service and trade. Dangers and restrictions in business environment may adversely affect logistics organisations and the supply chains within which they operate (Badenhorst-Weiss & Waugh 2014:238).

Just like any risks, in order for them to be managed, they must be plainly recognized and their implications and significance understood by all included (Bredell & Walters 2007:2). This research seeks to check out, by ways of a mixed method study, essential risk factors in business environment that constrain the effectiveness and efficiency of logistics operators in South Africa.

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The objective of the study was to obtain the perceptions of logistics service providers and freight owners about the risks and aspects in the South African service environment that have an influence on their effectiveness and efficiency. This was performed by methods of a quantitative study (study), followed by a qualitative focus group conversation to acquire richer information whilst appropriate market related literature was browsed and integrated in the research study for more insight into the threats (Badenhorst-Weiss & Waugh 2014:283).

Globalisation and the increasing complexities affect the variety of problems and the threat of supply chain disruptions as supply chains get longer, more complicated and involve more partners (Hailey & Jonasson 2013:55). Elements and dangers in business environment that impact supply chains might alter rapidly, and the management of these threats is turning into one of the most important locations in supply chain management.

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Just over a year later the negative impact of electricity provision problems is felt by supply chains and the country as a whole. This article looks for to make a contribution because it reports on the findings of a consecutive combined approach research study amongst logistics stakeholders. The post is not based upon a conventional research technique where a comprehensive literature study was done, upon which a research technique was developed, followed by empirical research study. Search for it auditor nearby.

The researchers and an analytical expert assisted with the advancement of the technical part of the instrument. The research study survey is thus been seen as a practically-oriented instrument. The survey findings provided the background to a qualitative study. The qualitative study was carried out by methods of a focus group conversation, to gain insight into how the risk aspects are experienced by logistics function players and what they suggest to alleviate the problems.

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The method followed is called the explorative mixed method (Creswell 2009:18) and although it is not a well-known technique in logistics research study, it still follows the standard scientific research study concepts. Logistics is worried with the motion of goods, both incoming items (incoming) and the circulation of products to the next members of the supply chain and to the end consumer (outbound) (Badenhorst-Weiss & Waugh 2014:284) - Number one Forensic Investigations South Africa.

As logistics plays an essential role in ensuring that customers are served with the very best possible service (in regards to dependability, speed, safety, flexibility) at the most affordable possible expense, managing logistics activities for optimal efficiency and efficiency is crucial (Badenhorst-Weiss & Waugh 2014:284). Supply chain management, on the other hand, requires the preparation and management of all activities associated with sourcing and procurement, conversion and all logistics management activities.

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It is clear that logistics is a vital part of supply chain management and is often used as a synonym 'supply chains consist of logistics systems of networks' (Gattorna 2010:11). Ineffectiveness in one part of the supply chain will have an unfavorable impact on the performance of the supply chain as a whole - Best business strategies Africa.

The important function of logistics in the nation's economy is captured succinctly in the following: The efficiency and growth of the South 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 currency exchange rate, inflation rate and rate of interest straight impact the expense efficiency of the logistics industry.

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At the same time, the efficiency of the logistics industry particularly the cost of logistics has a bearing on the worldwide 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 Forum (2014). South Africa therefore has a modern-day economy and a well-developed logistics infrastructure and system.

As mentioned previously, South Africa's LPI has decreased to 34th out of 160 nations in 2014 from 23rd out of 155 countries in 2012. Of the 6 elements considered by the World Bank for the LPI, custom-mades ranked 42nd compared to 26th in 2012; tracking and tracing ranked 41st compared to 16th in 2012; facilities ranked 38th compared to 19th in 2012 (The World Bank 2012, 2014).