Tag: Supply Chain

In the fast-paced world of manufacturing, staying ahead of the competition requires constant adaptation and optimisation. Tempting as it is to stick to the ‘if it ain’t broke don’t fix it’ credo, one crucial aspect of maintaining a competitive edge lies in regularly updating Enterprise Resource Planning (ERP) systems.

In this digital age, big data is no longer just a trendy term. Businesses of all sizes are pouring resources into big data projects to make smarter decisions, deliver personalised customer experiences, and accelerate innovation.

Did you know hotels account for approximately one percent of global carbon dioxide emissions? It might not seem like a lot, but to put it in perspective, out of the carbon dioxide released annually, it's equivalent to powering 45.7 million homes for a year. Turns out those luxury touches like themed suites, room service on tap, and butlers come at a cost to the planet, too.

South Africa’s retail sector is optimally positioned to drive emission reductions through net zero commitments. This can be achieved by its significant influence through conducting direct engagement with its suppliers for extensive emissions reductions impact throughout its value chain.

Despite AI’s incredible advances, human connection rooted in empathy and proficiency to address and exceed customers’ needs is irreplaceable. No matter where you look, someone, somewhere is discussing artificial intelligence (AI) right now.

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.

During its formative years, blockchain technology became synonymous with the advent of cryptocurrency. Today, its use cases have transcended the world of finance, expanding into sectors such as retail. In Africa, its application in payment technology has demonstrated blockchain’s ability to revolutionise several touchpoints from supply chain to final sale.

It’s a given that sub-Saharan Africa is the world’s fastest growing region in numerous industries, from music to cloud computing. Not so given is how to take advantage of this growth. The biggest hurdle facing any business expanding across the African continent is not only the geographic size of this market, but that it in fact comprises 50 markets.

Business leaders are facing an increasingly disruptive business environment, driven by supply chain constraints, critical skills shortages, hyperinflation, slowing economic growth, and persistent energy challenges, to name a few.

While climate has dominated investor energy for environmental and social issues around the world until now, the ‘S for Social’ in ESG, which refers to a company’s impact on society, how it treats its staff, suppliers, customers as well as the communities in which it operates, is starting to garner more attention from investors.