The Lingering Effects of Covid-19 on Business and How to Survive and Thrive in 2022

By Anton Oosthuizen   It has been nearly two years since the start of the COVID-19 pandemic, and the world’s economy is ready for some good news. According to the World Bank a rebound is possible, but is likely to be uneven across countries.   With the US and China both expected to be major contributors to global growth this year, China’s economy – which, unlike the rest of the world, did not contract in 2020 – is predicted to grow a solid 8.5%. However, the outlook for low income…

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Avoiding SA’s Water Crisis – Collaboration and Technology Can Make South Africa a Water-secure Nation

JOHANNESBURG, SA, (SEPTEMBER 07, 2021) – “Let there be justice for all. Let there be peace for all. Let there be work, bread, water and salt for all.” These are the words of Nelson Mandela, repeated in a report produced by the WWF, CSIR and Sanlam.   Water is one of South Africa’s scarcest and most critical resources. Half of the country’s water comes from only ten percent of its surface area, and in some cases, such as Johannesburg, additional water is sourced from outside our borders. It’s not easy…

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SAPICS LEADS THE WAY FOR WOMEN IN THE SUPPLY CHAIN PROFESSION

    With four female presidents over the years, and a growing number of women supply chain experts on the programme each year at the annual SAPICS Conference, The Professional Body for Supply Chain Management (SAPICS) is leading the way when it comes to diversity and inclusion in this once male-dominated profession.                               SAPICS president MJ Schoemaker                                     Past president…

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PLAYING GAMES AT WORK TO BUILD SUPPLY CHAIN SKILLS

Supply chain management skills are more important than ever right now, to ensure that commodities and supply chains keep moving amid the challenges of the global COVID-19 pandemic. In response to the growing demand for skilled, knowledgeable supply chain professionals, some South Africans in the field are playing games at work.   The games are a serious business, however, according to SAPICS (The Professional Body for Supply Chain Management). Tonya Lamb, business development executive at SAPICS, explains that “The Fresh Connection Challenge” is an innovative business simulation game that is…

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SUPPLY CHAIN SUPPORT FOR SMALL BUSINESSES

SAPICS (The Professional Body for Supply Chain Management in Southern Africa) has reinforced its commitment to the development of Small, Medium and Micro Enterprises (SMMEs) with a training and support programme geared towards boosting SMMEs by building their skills in the important area of supply chain management.   When it comes to reaping the benefits of supply chain optimisation – including efficiency enhancements and cost savings – SMMEs are being left behind because they lack the necessary skills and resources, according to SAPICS.   “SMMEs have a crucial role to…

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Ensure your supply chain is ready for the peak season

ISSUED BY: BIDVEST MOBILITY Although it’s uncertain what sales this peak season will bring, retailers are gearing up to participate in upcoming events, such as Black Friday on 27 November, Christmas, followed by back-to-school in the new year. It’s not just anticipating stock levels, but also ensuring that the supply chain is ready to fulfill consumer demands in brick ‘n mortar and online stores. Bidvest Mobility is working closely with its customers around the country to ensure that that they have the necessary mobile computing and barcoding technology in place to support…

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TACKLING THE SCOURGE OF MODERN SLAVERY IN SUPPLY CHAINS

No matter which part of the world you live in or what industry you work in, modern slavery is closer to you, your business and your country than you may think, according to Rachel Wu, managing director: Asia at Axis Group International. Wu recently shared her insights and experiences on modern slavery in supply chains in a webinar hosted by SAPICS (The Professional Body for Supply Chain Management).  Her compelling presentation on the role that supply chain professionals must play in fighting modern slavery is also on the programme for…

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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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