Tag: Supply Chain

Starting a new business is an exhilarating venture, filled with both opportunities and challenges. However, the path to success requires more than just a great idea - it demands a strategic approach, careful planning, and the ability to adapt to evolving market conditions. 

As organisations emerge from the recent CrowdStrike Falcon incident, I have taken some time to reflect on what we learn from this. Over the past few days, we have seen so many responses and opinions on apportioning liability and estimating the impact of the incident. This point of view takes a different perspective, reflecting on how to respond positively and in a forward-looking way.

With Coal & Energy Transition Day taking place this month, the discussion around sustainability and coal mining ramps up, as the sector grapples with the desire and responsibility to lower its carbon footprint – but not lose its very reason for existence.

The 2024 Cybersecurity Readiness Index reveals a decline in South African businesses’ preparedness for cyberattacks. According to the released index, just 5% of companies in South Africa have ranked at the "mature" level of readiness which is needed to be resilient against modern cybersecurity risks, down by 19% year-on-year.

For any business involved in local or global trade, a robust supply chain is key to sustainable success. The simple reality is that trade disruptions come in many forms, from natural disasters and geopolitical crises, to trade conflicts and even pandemics; and in all these scenarios, a strong supply chain is required to keep a business running, avoid losses, and retain its edge over the competition.

In the context of a highly charged and challenging environment for doctors in South Africa, telemedicine is emerging as an attractive alternative route for young doctors seeking a sustainable career. Taking it a step further, offering telemedicine as a managed service to businesses not only improves employer and employee experience but also ensures a stable work environment for doctors.

e-Waste from electrical and electronic appliances and devices is becoming a major problem for South Africa. According to Gauteng’s government website, the country produces around 360,000 tons of e-waste every year, with the province accounting for 55% of that volume.

Mitigating contractual disputes by exploring alternative dispute resolution (ADR) and arbitration in resolving supply chain disputes. The mining industry relies heavily on a complex network of suppliers, logistics partners, and transporters to ensure the efficient movement of raw materials.

Business interruption (BI) and cyber incidents are the primary concerns for the manufacturing sector within the automotive industry in 2024. The report, based on insights from over 3,000 risk management professionals and business leaders, highlights the growing importance of addressing these risks to ensure business continuity and safeguard against potential disruptions.

As the new year unfolds, many business leaders across Africa are assessing the 2023 year to chart an increasing resilient path ahead. Last year, major key events unfolded that had global repercussions on supply chains, businesses and the leaders of those businesses.