As warehousing booms, business process outsourcing steps up to meet demand

  South Africa’s retail model has changed dramatically in the last 18 months, partially driven by the pandemic and lockdowns, which vastly accelerated the growth of e-commerce and altered buying patterns. This has put pressure on the warehousing element of the logistics chain, which has had to adapt to these shifts in demand. Optimising processes lies at the heart of the ability to store, manage and deliver stock at the pace required today, which is where business process outsourcing (BPO) can play a pivotal role.   A booming industry As…

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South Africa to revamp ailing port system, says Ramaphosa

CAPE TOWN (Reuters) – South Africa’s National Ports Authority (NPA) will operate as a stand alone business under the aegis of state-owned freight logistics group Transnet, President Cyril Ramaphosa said on Tuesday, as the country tries to overhaul some of the world’s worst-performing ports. A report last month ranking container ports by the World Bank and IHS Markit saw South Africa’s major ports at the bottom of the list, with Durban faring the worst among local peers by coming in at 349 out of a total of 351 ports assessed…

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Restrictions in trade to contain COVID-19 have been devastating for Africa’s urban poor

Trade routes have been significantly disrupted this year in efforts to contain COVID-19. The effects of this are already showing: global growth is set to contract by 4.9% and growth in sub-Saharan Africa will contract by 3.2%. This will get worse if continued restrictions further impede trade. The World Trade Organisation has warned that at worst, global trade could collapse by a third this year, and at best, it will contract by 13%, similar to the recorded drop after the 2009 financial crisis. This has fundamental consequences – both direct and indirect –…

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SA e-commerce growth drives demand for logistics spaces: Equites Property Fund

  Amid the global pandemic, Covid-19 has accelerated e-commerce penetration globally thus fuelling demand for prime modern logistics space. In SA, retail and supply chain driven warehousing and logistics sectors will continue to boost demand for e-commerce. Laila Razack Some South African national retailers have seen online sales increasing during lockdown. While e-commerce is yet to peak in South Africa, the pandemic is driving this trend, according to Equites Property Fund. The company revealed this in an investor presentation of its interim results released this week. The JSE-listed specialised industrial Real Estate Investment Trust…

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African airlines see 1% demand increase for cargo: IATA

  The International Air Transport Association (IATA) released data for global air freight markets in August showing that improvement remains slow amid insufficient capacity. Demand moved slightly in a positive direction month-on-month; however, levels remain depressed compared to 2019. Improvement continues at a slower pace than some of the traditional leading indicators would suggest. This is due to the capacity constraint from the loss of available belly cargo space as passenger aircraft remain parked. Globally, the demand was 12.6 per cent below previous-year levels in August (-14 per cent for…

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SAPICS REAFFIRMS FOCUS ON PROFESSIONALISING SUPPLY CHAIN MANAGEMENT AT AGM

SAPICS REAFFIRMS FOCUS ON PROFESSIONALISING SUPPLY CHAIN MANAGEMENT AT AGM

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COVID-19’s impact on logistics creating ripple effects in other industries

    Samantha Naidoo The impact of the COVID-19 pandemic on the global logistics industry is creating ripple effects that can be felt across every other industry. Supply chains are under increasing pressure as the free movement of goods become more restricted due to lockdown measures implemented by governments around the world. The logistics industry’s response to the pandemic will greatly influence how well other sectors of the economy are able to adapt to our new reality. The sector forms the backbone of global trade and is fundamental to the…

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Cost of lockdown: Imperial Logistics to retrench 1,000 workers

Imperial Logistics lost about R4 billion in revenue because of the impact of Covid-19. Imperial Logistics is planning to retrench about 1,000 of its employees in South Africa. This forms part of a restructuring and cost-cutting exercise prompted by the serious financial hit the JSE-listed African and European logistics provider took from the Covid-19 lockdown. The group has about 2,000 employees in South Africa, Africa and its international operations. However, Imperial Logistics CEO Mohammed Akoojee said on Tuesday the group is also positioning itself to take advantage of the opportunities…

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Iron lady: Transnet CEO Portia Derby means business

  Transnet CEO Portia Derby has been tasked with turning around an SOE hollowed out by corruption. Getting the R74bn-turnover rail, port and pipeline company back on track will involve clawing back money lost through dodgy deals, cleaning up contracts, and pushing back against the ‘Transnet premium’ — the 30% mark-up the company is overcharged by contractors Transnet CEO Portia Derby has been tasked with turning around an SOE hollowed out by corruption. Getting the R74bn-turnover rail, port and pipeline company back on track will involve clawing back money lost…

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Namdock’s fabrication expertise helps Walvis Bay hospital get ‘ship-shape’ and ready to combat COVID-19

Established Namibian ship repair company Namdock, situated in Walvis Bay on the west coast of Africa, has the health and well-being of its valued staff, community, clients and suppliers at heart during this extraordinarily challenging and uncertain time. “While national infection rates and fatalities are currently low, COVID-19 has the potential to trigger a major health crisis in Namibia. We have already seen the global impact of the virus, and have taken the approach that ‘forewarned is forearmed’. For the sake of all those affected, everyone needs to proactively seek…

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