Number One Forensic Investigations Africa Blog

Published Sep 18, 20
6 min read

Number One Deals South Africa

Number One Tax Practitioner South AfricaBest Auditing Africa

The Commissioner, Mr Edward Kieswetter, has in the meantime released a media declaration including links and important details for all taxpayers during the Lockdown period. His statement, together with links and other information, can be found Our specialist tax advisory service group, is currently evaluating the in-depth tax implications and techniques of possible relief available to organisations revealed to date and is waiting once further info is launched by National Treasury and the SARS.

Background: Supply chains in South Africa run in a difficult company environment. This environment affects the efficiency and efficiency of South African businesses and supply chains. These aspects additional influence the competitiveness of items produced in the country, the financial growth and advancement of South Africa. Goals: The function of this research study was two-fold: First of all, to obtain insight into the primary company environment risks and other factors, from a logistics point of view; and second of all, to demonstrate making use of method not often used in logistics research the consecutive combined method.

Our International Accounting Standards Africa

The results of these two techniques were incorporated with market literature. Results: It was discovered that increasing transportation costs, operational management of infrastructure and human resources-related problems pose the most significant challenges in the logistics market. In addition, it was discovered that the blended method research study has application possibilities in logistics research.

Our Accountant Consulting AfricaMy Internal Auditor Africa

Nevertheless, organisations can manage how they react and reduce these risk elements. It is revealed that these aspects and threats can change overnight. Best accountant consulting South African. Making use of the explorative blended approach in getting qualitative and quantitative inputs and incorporating it with existing literature showed to be a convenient and functional method.

My Risk Management South Africa

( Simpson & Havenga 2012:51) However, if one looks at the Logistics Efficiency Index (LPI) of South Africa the circumstance does not look regrettable. Search for accounting firm near me. A slight unfavorable pattern is nevertheless observed given that South Africa's LPI has actually reduced 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 carefully behind China, however far ahead of Russia, India and Brazil on the index. South Africa becomes part of and contends in the global economy. Effective and reliable logistics operators (freight owners and logistics service suppliers) play an important function in the competitiveness of the economy.

Number One Legal South Africa

Nevertheless, the efficiency and effectiveness of logistics operators and supply chains can likewise be influenced by various factors in the company environment, such as the provision of infrastructure, functional management of the facilities, the availability of personnels and a regulative structure favorable to organisation and trade. Risks and restraints in business environment may negatively impact 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 handled, they should be clearly determined and their ramifications and importance comprehended by all included (Bredell & Walters 2007:2). This research study seeks to explore, by ways of a combined technique study, essential threat consider the organisation environment that constrain the effectiveness and performance of logistics operators in South Africa.

My Management In Accounting South African

The objective of the research study was to acquire the perceptions of logistics service suppliers and cargo owners about the risks and consider the South African company environment that have an influence on their efficiency and efficiency. This was conducted by methods of a quantitative study (survey), followed by a qualitative focus group conversation to obtain richer information whilst suitable market associated literature was searched and integrated in the study for further insight into the risks (Badenhorst-Weiss & Waugh 2014:283).

Globalisation and the increasing intricacies impact the variety of problems and the threat of supply chain disturbances as supply chains get longer, more intricate and include more partners (Hailey & Jonasson 2013:55). Aspects and risks in the organisation environment that impact supply chains may alter quickly, and the management of these dangers is turning into one of the most crucial areas in supply chain management.

Best Auditors South Africa

Just over a year later on the unfavorable effect of electrical energy provision issues is felt by supply chains and the nation as a whole. This article seeks to make a contribution because it reports on the findings of a consecutive combined method research study amongst logistics stakeholders. The post is not based upon a standard research study method where a comprehensive literature research study was done, upon which a research study method was developed, followed by empirical research. Looking for africa business opportunities near you.

The researchers and a statistical consultant assisted with the advancement of the technical part of the instrument. The research study survey is therefore been seen as a practically-oriented instrument. The survey findings offered the background to a qualitative study. The qualitative research study was carried out by ways of a focus group discussion, to gain insight into how the threat factors are experienced by logistics role players and what they recommend to ease the problems.

Number One Supply Chain Management South Africa

The method followed is called the explorative mixed approach (Creswell 2009:18) and although it is not a widely known method in logistics research study, it still follows the basic clinical research principles. Logistics is interested in the movement of items, both incoming items (incoming) and the distribution of products to the next members of the supply chain and to the end client (outbound) (Badenhorst-Weiss & Waugh 2014:284) - Our Compliance South African.

As logistics plays a vital role in guaranteeing that consumers are served with the very best possible service (in terms of dependability, speed, safety, flexibility) at the most affordable possible cost, handling logistics activities for optimal performance and effectiveness is critical (Badenhorst-Weiss & Waugh 2014:284). Supply chain management, on the other hand, involves the planning and management of all activities involved in sourcing and procurement, conversion and all logistics management activities.

Best Chartered Accountants South Africa

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

The important role of logistics in the country's economy is recorded succinctly in the following: The performance and growth of the South African logistics market are both inputs to and outflows from the efficiency and development southern African economy especially in the main and secondary sectors. The currency exchange rate, inflation rate and rate of interest straight impact the cost efficiency of the logistics market.

Number One Ifrs South Africa

Simultaneously, the performance of the logistics market particularly the expense 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 Online Forum (2014). South Africa thus has a modern economy and a strong logistics facilities and system.

As discussed formerly, South Africa's LPI has reduced to 34th out of 160 countries in 2014 from 23rd out of 155 nations in 2012. Of the six 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).