The Commissioner, Mr Edward Kieswetter, has in the meantime launched a media statement consisting of links and essential information for all taxpayers throughout the Lockdown period. His statement, together with links and other details, can be discovered Our professional tax advisory service group, is presently evaluating the comprehensive tax ramifications and approaches of possible relief readily available to companies made public to date and is waiting as soon as further details is released by National Treasury and the SARS.
Background: Supply chains in South Africa run in a difficult company environment. This environment influences the efficiency and effectiveness of South African businesses and supply chains. These elements additional affect the competitiveness of items produced in the nation, the financial growth and advancement of South Africa. Goals: The purpose of this research study was two-fold: First of all, to acquire insight into the main business environment risks and other factors, from a logistics point of view; and secondly, to show making use of methodology rarely used in logistics research the consecutive mixed approach.
The outcomes of these 2 techniques were incorporated with industry literature. Results: It was discovered that increasing transportation expenses, functional management of facilities and human resources-related problems present the greatest difficulties in the logistics industry. In addition, it was discovered that the mixed method research study has application possibilities in logistics research study.
Nevertheless, organisations can manage how they respond and alleviate these risk elements. It is shown that these elements and threats can alter over night. Our tax practitioner South Africa. Using the explorative mixed method in obtaining qualitative and quantitative inputs and integrating it with existing literature proved to be a convenient and usable method.
( Simpson & Havenga 2012:51) Nevertheless, if one looks at the Logistics Performance Index (LPI) of South Africa the circumstance does not look too bad. View our accounting firms in south africa near me. A minor unfavorable pattern is nevertheless observed because South Africa's LPI has actually decreased to 34th out of 160 countries in 2014 from 23rd out of 155 nations 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 belongs to and contends in the global economy. Effective and efficient logistics operators (cargo owners and logistics company) play an essential function in the competitiveness of the economy.
However, the effectiveness and efficiency of logistics operators and supply chains can also be influenced by different factors in the service environment, such as the provision of infrastructure, functional management of the infrastructure, the schedule of human resources and a regulatory structure conducive to business and trade. Risks and restraints in the business environment might adversely 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 need to be clearly identified and their ramifications and significance comprehended by all involved (Bredell & Walters 2007:2). This research study seeks to explore, by methods of a blended approach research study, essential risk consider the organisation environment that constrain the efficiency and performance of logistics operators in South Africa.
The objective of the research study was to obtain the perceptions of logistics provider and cargo owners about the threats and consider the South African company environment that have an effect on their efficiency and efficiency. This was performed by methods of a quantitative study (study), followed by a qualitative focus group discussion to acquire richer information whilst proper market associated literature was browsed and incorporated in the study for more insight into the dangers (Badenhorst-Weiss & Waugh 2014:283).
Globalisation and the increasing complexities impact the number of problems and the danger of supply chain interruptions as supply chains get longer, more complicated and include more partners (Hailey & Jonasson 2013:55). Factors and risks in the organisation environment that impact supply chains might change quickly, and the management of these threats is becoming one of the most important areas in supply chain management.
Simply over a year later on the negative result of electrical energy arrangement problems 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 technique research study among logistics stakeholders. The article is not based upon a conventional research method where a detailed literature research study was done, upon which a research study approach was developed, followed by empirical research. Looking for forensic auditors near you.
The researchers and an analytical specialist assisted with the development of the technical part of the instrument. The research study survey is therefore been viewed as a practically-oriented instrument. The study findings provided the background to a qualitative study. The qualitative study was performed by methods of a focus group conversation, to gain insight into how the danger elements are experienced by logistics role players and what they suggest to relieve the problems.
The technique 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 basic scientific research study concepts. Logistics is interested in the movement of items, both inbound goods (incoming) and the circulation of products to the next members of the supply chain and to the end client (outbound) (Badenhorst-Weiss & Waugh 2014:284) - My Compliance South African.
As logistics plays an essential role in ensuring that consumers are served with the finest possible service (in terms of reliability, speed, security, flexibility) at the least expensive possible cost, handling logistics activities for maximum performance and effectiveness is important (Badenhorst-Weiss & Waugh 2014:284). Supply chain management, on the other hand, requires 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 fundamental part of supply chain management and is typically 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 a negative effect on the performance of the supply chain as a whole - Best Forensic Investigations Africa.
The crucial function of logistics in the nation'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 growth of the South African economy particularly in the primary and secondary sectors. The currency exchange rate, inflation rate and rate of interest directly affect the expense performance of the logistics market.
All at once, the efficiency of the logistics industry particularly the expense of logistics has a bearing on the international competitiveness of South African industries. (State of Logistics Study 2014: n.p.) South Africa's competitiveness was ranked 53rd out of 148 nations by the World Economic Forum (2014). South Africa therefore has a modern-day economy and a strong logistics infrastructure and system.
As pointed out formerly, South Africa's LPI has actually decreased to 34th out of 160 nations in 2014 from 23rd out of 155 countries in 2012. Of the six factors thought about 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).