INFORMAL ECONOMY HAS THE POWER TO TRANSFORM AFRICA

    If your response to vendors plying their trade on South African streets is one of pity and despair, you need a lesson on the power of Africa’s informal economy, according to author, entrepreneur and informal business guru GG Alcock.   Alcock says that the informal business sector is the next great frontier of Africa and it is undergoing an economic revolution. “This is a new world of small people doing big things and transforming the continent,” he asserts. “Not only are these outlets and traders paying VAT on…

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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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Pharmaceutical manufacturing companies must handle returned drugs better

Pharmaceutical manufacturers should focus on reducing faults and working closely with pharmacies to manage medicine stocks better. But the return of medicine can’t be avoided. It’s inevitable that some products would be returned because of faults or when they have expired. Most drug returns are caused by recalls. A recall is typically done by the manufacturer. It’s different from a return of pharmaceutical products by customers. Whatever the reason for the return, manufacturers, importers, retailers, exporters and end-users must follow strict requirements for the removal of waste. In the normal…

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Adapting the supply chain to the ‘new normal’

  By Andrew Dawson, MD at MACmobile Issued by Evolution PR for MACmobile Johannesburg, 23 Sep 202 Andrew Dawson, MD, MACmobile The supply chain, particularly in the fast-moving consumer goods (FMCG) industry and especially in South Africa’s main or informal market, has traditionally relied heavily on interpersonal contact for ordering and fulfilment. When the COVID-19 pandemic hit, the industry was literally turned on its head. Physical distance has become paramount when it comes to keeping staff safe and healthy, and the model of sales reps visiting stores simply for the…

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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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AFRICA’S BIGGEST EVER ONLINE EVENT FOR THE SUPPLY CHAIN AND PROCUREMENT PROFESSION

AFRICA’S BIGGEST EVER ONLINE EVENT FOR THE SUPPLY CHAIN AND PROCUREMENT PROFESSION

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THE POWER OF SUPPLY CHAINS AND THE CIRCULAR ECONOMY

With the Covid-19 crisis having highlighted the interdependence and fragility of global supply chains, the circular economy offers a far-reaching solution to improving supply chain resilience. Supply chain integration is also critical for the success of any organisation’s circular business model, according to internationally acclaimed supply chain specialist Deborah Dull. United States based Dull is a member of the SAPICS supply chain community and one of the international subject matter experts working with SAPICS, The Professional Body for Supply Chain Management, on its Covid-19 support programme for Southern African supply…

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LEVEL 3 LIQUOR LET-DOWN LOOMS, WARNS SUPPLY CHAIN PROFESSIONAL BODY

LEVEL 3 LIQUOR LET-DOWN LOOMS, WARNS SUPPLY CHAIN PROFESSIONAL BODY

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INTERNATIONAL RECOGNITION FOR SAPICS

INTERNATIONAL RECOGNITION FOR SAPICS

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