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Published Sep 24, 20
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The Commissioner, Mr Edward Kieswetter, has in the meantime launched a media declaration including links and crucial details for all taxpayers during the Lockdown period. His statement, together with links and other information, can be found Our expert tax advisory service team, is presently evaluating the in-depth tax implications and techniques of possible relief available to services made public to date and is waiting as soon as more info is released by National Treasury and the SARS.

Background: Supply chains in South Africa operate in a difficult business environment. This environment affects the effectiveness and effectiveness of South African businesses and supply chains. These elements further influence the competitiveness of items produced in the nation, the economic growth and advancement of South Africa. Goals: The function of this research study was two-fold: Firstly, to acquire insight into the main service environment threats and other elements, from a logistics point of view; and secondly, to show the usage of approach seldom utilized in logistics research study the sequential blended technique.

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The results of these 2 techniques were incorporated with market literature. Outcomes: It was found that increasing transportation expenses, functional management of infrastructure and human resources-related issues pose the most significant obstacles in the logistics industry. In addition, it was found that the blended technique research study has application possibilities in logistics research study.

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Nevertheless, organisations can manage how they respond and mitigate these danger aspects. It is revealed that these elements and risks can alter over night. Best international accounting standard Africa. Making use of the explorative mixed method in acquiring qualitative and quantitative inputs and incorporating it with existing literature showed to be a convenient and usable approach.

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

For example, 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 competes in the global economy. Efficient and reliable logistics operators (freight owners and logistics service providers) play an essential role in the competitiveness of the economy.

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Nevertheless, the effectiveness and performance of logistics operators and supply chains can likewise be affected by different consider business environment, such as the arrangement of infrastructure, operational management of the infrastructure, the schedule of human resources and a regulatory framework conducive to service and trade. Dangers and constraints in business environment may adversely impact logistics organisations and the supply chains within which they run (Badenhorst-Weiss & Waugh 2014:238).

Just like any risks, in order for them to be managed, they should be plainly identified and their ramifications and importance comprehended by all involved (Bredell & Walters 2007:2). This research seeks to explore, by methods of a combined approach study, key danger consider the company environment that constrain the efficiency and effectiveness of logistics operators in South Africa.

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The objective of the study was to acquire the perceptions of logistics service companies and cargo owners about the threats and consider the South African business environment that have an effect on their efficiency and efficiency. This was carried out by methods of a quantitative study (survey), followed by a qualitative focus group conversation to get richer data whilst appropriate market associated literature was searched and integrated in the research study for more insight into the dangers (Badenhorst-Weiss & Waugh 2014:283).

Globalisation and the increasing complexities impact the number of concerns and the threat of supply chain disruptions as supply chains get longer, more intricate and include more partners (Hailey & Jonasson 2013:55). Aspects and threats in the service environment that affect supply chains may alter quickly, and the management of these risks is ending up being one of the most essential locations in supply chain management.

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Just over a year later on the negative result of electrical power provision issues 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 mixed approach research study amongst logistics stakeholders. The article is not based upon a standard research method where an extensive literature study was done, upon which a research approach was established, followed by empirical research. Browse for external auditors near you.

The scientists and a statistical expert helped with the development of the technical part of the instrument. The research survey is therefore been seen as a practically-oriented instrument. The study findings supplied the background to a qualitative research study. The qualitative study was performed by methods of a focus group conversation, to acquire insight into how the risk elements are experienced by logistics function players and what they recommend to alleviate the problems.

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The approach followed is called the explorative combined approach (Creswell 2009:18) and although it is not a widely known approach in logistics research study, it still follows the standard scientific research study principles. Logistics is worried about the movement of items, both incoming products (incoming) and the circulation of goods to the next members of the supply chain and to the end consumer (outbound) (Badenhorst-Weiss & Waugh 2014:284) - Best auditor South Africa.

As logistics plays an essential role in guaranteeing that consumers are served with the best possible service (in terms of reliability, speed, safety, flexibility) at the most affordable possible cost, managing logistics activities for maximum effectiveness and efficiency is vital (Badenhorst-Weiss & Waugh 2014:284). Supply chain management, on the other hand, requires the planning 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 typically utilized as a synonym 'supply chains include logistics systems of networks' (Gattorna 2010:11). Ineffectiveness in one part of the supply chain will have a negative influence on the performance of the supply chain as a whole - Number one Governance South African.

The essential function of logistics in the country's economy is recorded succinctly in the following: The performance and growth of the South African logistics industry are both inputs to and outflows from the performance and development southern African economy specifically in the primary and secondary sectors. The currency exchange rate, inflation rate and rates of interest directly impact the cost efficiency of the logistics market.

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At the same time, the performance of the logistics market particularly the expense of logistics has a bearing on the worldwide 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 thus has a modern economy and a well-developed logistics facilities and system.

As discussed previously, South Africa's LPI has decreased to 34th out of 160 countries in 2014 from 23rd out of 155 nations in 2012. Of the 6 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; infrastructure ranked 38th compared to 19th in 2012 (The World Bank 2012, 2014).