The Commissioner, Mr Edward Kieswetter, has in the meantime launched a media declaration consisting of links and important details for all taxpayers during the Lockdown duration. His declaration, together with links and other info, can be discovered Our professional tax advisory service team, is presently evaluating the comprehensive tax ramifications and approaches of possible relief readily available to organisations made public to date and is waiting as soon as more information is released by National Treasury and the SARS.
Background: Supply chains in South Africa run in a challenging business environment. This environment affects the efficiency and effectiveness of South African companies and supply chains. These elements more affect the competitiveness of products produced in the country, the financial development and development of South Africa. Objectives: The purpose of this study was two-fold: Firstly, to obtain insight into the main company environment risks and other elements, from a logistics point of view; and secondly, to show the usage of methodology seldom utilized in logistics research study the consecutive blended technique.
The results of these two techniques were incorporated with industry literature. Results: It was found that increasing transport expenses, functional management of facilities and human resources-related issues present the biggest difficulties in the logistics industry. In addition, it was found that the blended method research study has application possibilities in logistics research.
Nevertheless, organisations can control how they react and alleviate these risk factors. It is shown that these aspects and risks can alter over night. Our opportunities in africa Africa. Using the explorative combined approach in acquiring qualitative and quantitative inputs and integrating it with existing literature showed to be a convenient and functional method.
( Simpson & Havenga 2012:51) Nevertheless, if one takes a look at the Logistics Efficiency Index (LPI) of South Africa the scenario does not look too bad. Looking for small business tax near you. A minor unfavorable trend is nevertheless observed because South Africa's LPI has decreased to 34th out of 160 countries in 2014 from 23rd out of 155 countries in 2012 (The World Bank 2012, 2014).
For example, South Africa, as one of the BRICS countries, is closely behind China, but far ahead of Russia, India and Brazil on the index. South Africa belongs to and contends in the international economy. Effective and efficient logistics operators (cargo owners and logistics provider) play a crucial function in the competitiveness of the economy.
However, the effectiveness and effectiveness of logistics operators and supply chains can likewise be affected by various aspects in the organisation environment, such as the arrangement of facilities, functional management of the infrastructure, the availability of human resources and a regulative framework favorable to company and trade. Risks and restrictions in the business environment may adversely 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 must be plainly determined and their ramifications and significance understood by all included (Bredell & Walters 2007:2). This research study seeks to explore, by ways of a combined technique study, crucial threat consider business environment that constrain the effectiveness and efficiency of logistics operators in South Africa.
The goal of the research study was to get the perceptions of logistics service companies and freight owners about the risks and consider the South African business environment that have an effect on their performance and effectiveness. This was carried out by means of a quantitative research study (survey), followed by a qualitative focus group conversation to get richer data whilst appropriate industry related literature was searched and integrated in the research study for more insight into the threats (Badenhorst-Weiss & Waugh 2014:283).
Globalisation and the increasing complexities impact the variety of concerns and the risk of supply chain disturbances as supply chains get longer, more complicated and involve more partners (Hailey & Jonasson 2013:55). Factors and dangers in business environment that impact supply chains might alter rapidly, and the management of these dangers is turning into one of the most essential locations in supply chain management.
Just over a year later on the negative result of electrical power arrangement issues is felt by supply chains and the country as a whole. This post seeks to make a contribution in that it reports on the findings of a sequential blended technique research study among logistics stakeholders. The post is not based on a traditional research method where a thorough literature study was done, upon which a research method was established, followed by empirical research study. Looking for global tax management near you.
The scientists and a statistical consultant assisted with the advancement of the technical part of the instrument. The research study survey is thus been viewed as a practically-oriented instrument. The survey findings provided the background to a qualitative research study. The qualitative research study was carried out by ways of a focus group conversation, to acquire insight into how the threat elements are experienced by logistics function players and what they suggest to ease the issues.
The approach followed is called the explorative blended technique (Creswell 2009:18) and although it is not a popular method in logistics research, it still follows the basic clinical research principles. Logistics is concerned with the motion of items, both inbound products (incoming) and the circulation of goods to the next members of the supply chain and to the end customer (outbound) (Badenhorst-Weiss & Waugh 2014:284) - My tax practitioners Africa.
As logistics plays a vital function in making sure that consumers are served with the very best possible service (in regards to reliability, speed, safety, versatility) at the most affordable possible expense, managing logistics activities for maximum performance and effectiveness is important (Badenhorst-Weiss & Waugh 2014:284). Supply chain management, on the other hand, involves the preparation and management of all activities included in sourcing and procurement, conversion and all logistics management activities.
It is clear that logistics is a vital part of supply chain management and is typically utilized as a synonym 'supply chains consist of logistics systems of networks' (Gattorna 2010:11). Inadequacies in one part of the supply chain will have an unfavorable effect on the efficiency of the supply chain as a whole - My Management accounting South Africa.
The important function of logistics in the nation's economy is recorded succinctly in the following: The performance and development of the South African logistics industry are both inputs to and outflows from the performance and growth southern African economy especially in the primary and secondary sectors. The exchange rate, inflation rate and rate of interest straight affect the cost performance of the logistics market.
At the same time, the efficiency of the logistics industry particularly the expense of logistics has a bearing on the global competitiveness of South African industries. (State of Logistics Survey 2014: n.p.) South Africa's competitiveness was ranked 53rd out of 148 nations by the World Economic Online Forum (2014). South Africa thus has a contemporary economy and a strong logistics facilities and system.
As mentioned formerly, South Africa's LPI has decreased to 34th out of 160 nations in 2014 from 23rd out of 155 nations in 2012. Of the six factors considered 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; facilities ranked 38th compared to 19th in 2012 (The World Bank 2012, 2014).