Find South African Banks South African Blog

Published Sep 18, 20
6 min read

Number One Legal South African

Best Deals South AfricaFind Management Accounting South Africa

The Commissioner, Mr Edward Kieswetter, has in the meantime released a media statement including links and essential information for all taxpayers throughout the Lockdown period. His declaration, together with links and other info, can be discovered Our specialist tax advisory service team, is currently analysing the in-depth tax ramifications and techniques of possible relief offered to businesses revealed to date and is standing by once additional information is released by National Treasury and the SARS.

Background: Supply chains in South Africa run in a difficult service environment. This environment affects the effectiveness and effectiveness of South African organisations and supply chains. These factors further affect the competitiveness of items produced in the nation, the economic development and advancement of South Africa. Objectives: The function of this research study was two-fold: First of all, to get insight into the main company environment threats and other elements, from a logistics viewpoint; and second of all, to show making use of methodology not often utilized in logistics research study the sequential combined approach.

Find Deals South Africa

The results of these two methods were incorporated with market literature. Results: It was found that increasing transportation expenses, operational management of facilities and human resources-related problems position the biggest obstacles in the logistics market. In addition, it was found that the blended method research study has application possibilities in logistics research.

Our Internal Auditor South AfricanNumber One Governance Africa

Nevertheless, organisations can manage how they respond and alleviate these risk aspects. It is shown that these elements and dangers can alter over night. Best financial advisor Africa. Using the explorative combined technique in acquiring qualitative and quantitative inputs and incorporating it with existing literature showed to be a convenient and functional methodology.

Find Deals South Africa

( Simpson & Havenga 2012:51) Nevertheless, if one looks at the Logistics Performance Index (LPI) of South Africa the scenario does not look too bad. Looking for tax consultant near you. A minor negative pattern is nevertheless observed considering that South Africa's LPI has decreased to 34th out of 160 countries in 2014 from 23rd out of 155 nations in 2012 (The World Bank 2012, 2014).

For example, South Africa, as one of the BRICS countries, is closely behind China, however far ahead of Russia, India and Brazil on the index. South Africa is part of and completes in the worldwide economy. Effective and reliable logistics operators (cargo owners and logistics provider) play a crucial role in the competitiveness of the economy.

My Auditing South Africa

Nevertheless, the efficiency and effectiveness of logistics operators and supply chains can also be influenced by various aspects in business environment, such as the arrangement of facilities, functional management of the facilities, the accessibility of human resources and a regulative structure favorable to company and trade. Threats and restraints in the organisation environment might negatively affect logistics organisations and the supply chains within which they run (Badenhorst-Weiss & Waugh 2014:238).

Similar to any risks, in order for them to be managed, they should be clearly identified and their implications and significance comprehended by all included (Bredell & Walters 2007:2). This research seeks to check out, by ways of a blended method study, essential danger factors in the service environment that constrain the efficiency and efficiency of logistics operators in South Africa.

My South African Business Opportunities South Africa

The objective of the research study was to get the perceptions of logistics provider and cargo owners about the risks and factors in the South African company environment that have an effect on their performance and efficiency. This was performed by means of a quantitative study (study), followed by a qualitative focus group conversation to obtain richer data whilst proper industry related literature was searched and incorporated in the research study for more insight into the dangers (Badenhorst-Weiss & Waugh 2014:283).

Globalisation and the increasing complexities affect the variety of concerns and the risk of supply chain disruptions as supply chains get longer, more complicated and involve more partners (Hailey & Jonasson 2013:55). Aspects and dangers in the company environment that affect supply chains may change quickly, and the management of these risks is turning into one of the most important locations in supply chain management.

Number One Governance South African

Just over a year later on the unfavorable result of electrical power arrangement problems is felt by supply chains and the nation as a whole. This post seeks to make a contribution in that it reports on the findings of a consecutive blended approach research study among logistics stakeholders. The post is not based upon a traditional research study technique where a thorough literature research study was done, upon which a research study method was established, followed by empirical research study. Looking for Enterprise Performance Management nearby.

The researchers and a statistical expert helped with the development of the technical part of the instrument. The research study questionnaire is therefore been viewed as a practically-oriented instrument. The survey findings supplied the background to a qualitative research study. The qualitative research study was conducted by means of a focus group discussion, to get insight into how the risk elements are experienced by logistics function gamers and what they recommend to ease the problems.

Our Governance South African

The technique followed is called the explorative blended approach (Creswell 2009:18) and although it is not a well-known approach in logistics research study, it still follows the basic clinical research concepts. Logistics is worried about the movement of products, both incoming products (incoming) and the circulation of items to the next members of the supply chain and to the end customer (outbound) (Badenhorst-Weiss & Waugh 2014:284) - Number one Auditing South Africa.

As logistics plays a vital function in making sure that consumers are served with the very best possible service (in regards to dependability, speed, safety, versatility) at the most affordable possible expense, managing logistics activities for optimal effectiveness and efficiency is crucial (Badenhorst-Weiss & Waugh 2014:284). Supply chain management, on the other hand, entails the preparation and management of all activities associated with sourcing and procurement, conversion and all logistics management activities.

Find Management In Accounting South African

It is clear that logistics is a fundamental part of supply chain management and is often used as a synonym 'supply chains include logistics systems of networks' (Gattorna 2010:11). Inefficiencies in one part of the supply chain will have a negative effect on the efficiency of the supply chain as a whole - Our internal auditor Africa.

The important role of logistics in the nation's economy is caught succinctly in the following: The performance and growth of the South African logistics industry are both inputs to and outflows from the efficiency and growth of the South African economy particularly in the primary and secondary sectors. The exchange rate, inflation rate and rates of interest straight affect the cost performance of the logistics industry.

Our Auditor South Africa

Concurrently, the performance of the logistics market specifically the expense of logistics has a bearing on the international competitiveness of South African markets. (State of Logistics Study 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 contemporary economy and a well-developed logistics facilities and system.

As mentioned formerly, South Africa's LPI has reduced to 34th out of 160 nations in 2014 from 23rd out of 155 countries in 2012. Of the 6 elements thought about by the World Bank for the LPI, customizeds 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