The Automobile Association of South Africa (AA) condemns the fuel price increase that took effect on 7 October, which pushed petrol and diesel to the highest prices South Africans have ever paid. Early data from the Central Energy Fund (CEF) signals a further rise of up to R4.58 a litre for petrol in November.
Using multiple suppliers for the same product is often seen as prudent procurement practice, creating competition and reducing reliance on any single provider. Spreading purchasing volumes too widely can have the opposite effect, weakening buying power, increasing operational complexity and ultimately raising the total cost of procurement.
At their recent industry event in Johannesburg, Logistics News met up with Mithun Perinchery from Dematic and Wayne Freel from Apex RTS where they shared some insights from their high-level discussions with leading brands as well as on the partnership between Dematic and Apex RTS.
What happens when a company decides where to spend its money? It can determine which suppliers grow, which businesses gain access to opportunity, how resilient a supply chain becomes and, ultimately, how value moves through an economy.
