Effective procurement management is focused on driving efficiencies through the supply chain through optimising the processes that support the supply chain. Effective supply chain processes can create competitive advantage and boost sales through increased delivery. There are several ways to approach process optimisation in supply chain management. Three such ways are through cost savings, […]
A pillar of the systems approach to management is acquiring a holistic view of an organisation so resources can be optimally deployed and managed to achieve stated objectives. While normally associated with business management, the world of professional football is not alien to the concept. In the 2018/2019 European season, a team primarily composed of […]
In situations of extreme stress, where assumptions are exploded and the most carefully planned budgets and projections prove ineffective, problems appear so large they can seem insurmountable. According to organisational theorist Karl E. Weick’s seminal January 1988 paper, Small Wins: Redefining the Scale of Social Problems, a problem’s size “often precludes innovative action” because the […]
Essential to the execution of international trade between buyers and sellers are Incoterms®, or International Commercial Terms. Incoterms® rules exist to provide specific guidance to individuals participating in the daily import and export of global trade. These rules account for the assumed cost risks and responsibility for importers or buyers at each point of […]
This article was compiled and written by Manav Sachdeva and Vinod Jose In this time of financial paralysis, organisations that respond well in times of historic crises are fast and agile. They make decisions quickly and implement those decisions effectively and efficiently, bolstering business resilience, and putting them in a position to recover and grow […]
The concept of Lean Principles is often over-complicated, hiding the true value Lean can have in all types of organisations. Lean tools can be effectively used in a variety of industries to assist in enabling organisations to meet their strategic objectives. The principle of Lean is to run an organisation where the greatest possible customer […]
The decline in traditional mailing A changing economic landscape, characterised by digitalisation and innovation, has resulted in a decline in traditional mailing services. The digitisation of traditional mail occurred though the adoption of email and other forms of digital communication. A relevant example is the South African Post Office (SAPO) which has paid the price […]
Shifting consumer values in the personal care industry have led to ructions within the market. Established firms are changing their operating model and product lines to meet new consumer demands, particularly for natural and sustainable products. Cirebelle, the chemicals solutions provider and part of Letsema, has already made moves in this direction to adjust to […]
