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Contents
Featured on the cover Cover Story Transport + Logistics Management
4 Ready for Action 32 Sustainable Approach to Freight in
Toyota forklift South Africa
Sapics
Website: 6 Go East, Young Man, Go East Market Forum — Supply
www.toyotaforklift.co.za 35 Market Forum
Barcoding Labelling Scanning +
RFID Endorsing Bodies
7 Getting Stuck on Labels Afritag (div of Smart Card Society)
11 Use It, Don’t Lose It CGCSA (Consumer Goods Council of
SA)
Cleaning CILTSA (Chartered Institute of
14 High on Cleaning Logistics & Transport: SA)
17 The Feminine Touch SAEPA (SA Express Parcel
Market Forum — Unit Association)
19 Market Forum SAPICS (The Association for
Operations Management
Green Initiatives of Southern Africa)
23 Carbon Footprints also mailed to:
CSCMP (Council of Supply Chain
Software
Management Professionals)
27 Planning Ahead
29 ERP for the People
Copyright
The monthly circulation is 4 025
All rights reserved. No editorial matter published in
Supply Chain Today may be reproduced in any form or
language without written permission of the publishers. Proprietor and Publisher: Advertising Sales:
While every effort is made to ensure accurate reproduc-
PROMECH PUBLISHING Lelanie Lane
tion, the editor, authors, publishers and their employees
Tel: (011) 781-1401
or agents shall not be responsible or in any way liable for DTP: Zinobia Docrat and
Fax: (011) 781-1403
any errors, omissions or inaccuracies in the publication, Sanette Lehanie
E-mail: sales@supchain.co.za
whether arising from negligence or otherwise or for any supplychain@promech.co.za Printed by:
consequences arising therefrom. The inclusion or exclu-
Website: www.promech.co.za Typo Colour Printing
sion of any product does not mean that the publisher or Tel: (011) 402-3468
editorial board advocates or rejects its use either generally Managing Editor:
Susan Custers
or in any particular field or fields.
T
commodate ten years growth - it was imperative
his is the third regional distribution
that a reputable, established partner with a proven
centre that Toyota Forklift is equipping
track record and history with Massdiscounters be
with materials handling equipment for
the preferred service provider.”
Massdiscounters, the other two being
their Durban and Cape Town RDC’s. The materials handling equipment supplied
includes,
“The new Gauteng RDC which covers 70 000
sq meters will be the Massdiscounters flagship • 7 x new BT Reflex RRE200E 12,5m lift reach
RDC and we are very proud to be associated with trucks with unique tilting cabs.
this prestigious project” says Gary Anderson, Extended shifts
the National Sales and Marketing Manager for The new RRE200 allows storage of up to 12,2
Toyota Forklift. metres high. The New Reflex range is class lead-
One stop solution ing in terms of lift height, travel and lift speeds
Toyota Forklift, in conjunction with associated and is the preferred truck at a number of major
Eqstra sister companies, offers Massdiscounters retail operations nationally.
a total one stop solution for their MHE needs The trucks are also highly energy efficient and
including batteries, chargers, cleaners and main- capable of extended shift times on a single bat-
tenance of all equipment and batteries. tery. The RRE is also equipped with a special on
“One of the main reasons why Mass has chosen board computer terminal mounting bracket for
Toyota Forklift is the ability to offer a total solu- the most ergonomic placement of this equipment
on the trucks.
Reputable, established partner with a proven track Fast picking
record The materials handling equipment supplied
includes:
• 10 x BT OSE250P low level order
pickers with elevating platforms
The OSE250P order pickers facili-
tate fast order picking from both
ground and 2nd level picking posi-
tions. The driver goes up with the
picking platform which can also
be driven in the elevated position
thereby facilitating the high pick
rates required by the DC. There
is also a picking shelf to allow
the pickers to pick more than one
item before lowering themselves
to place the items on the pallet or
roll cage being picked into.
• 39 x LPE200 powered pallet trucks,
23 with single and 16 with double
pallet handling capabilities. The
popular LPE200 is the workhorse
of many operations around the
Left to right; Mike Lowe, Maintenance Manager Toyota Forklift Johannesburg, Paul Michau, GM Toyota
Forklift Johannesburg, Ludwig van Eyssen, Logistics Executive for Massdiscounters, Desire Olivier,
country.
Logistics Project Manager, Massdiscounters, Jenifer Hill Sales Manager, Toyota Forklift Johannesburg,
• 6 x Toyota 7FBE15 three wheel
Steve Hatzipanis, Toyota Forklift National Key Accounts Manager for Massdiscounters
K
obus, who is the founder and group
managing director of The Beijing Axis and
chief executive of Bateman Beijing Axis,
will present a case study-based paper
entitled “China in the Supply Chain: Strategy,
Planning and Implementation of Procurement
Programmes in the World’s Leading Low Cost
Manufacturing Economy”.
China in fact surpassed Germany as the world’s largest
exporter in 2009, after trailing behind it, the US and
Japan in the recent past
“As Low Cost Country (LCC) sourcing becomes
the focus of supply chain managers seeking to
R
owan Beattie, Managing Director of Pyro-
tec, is passionate about labelling. When
“Supply Chain Today” speaks to him and
marketing manager, Lazelle Coetzee,
about the technicalities of specialised labelling,
their enthusiasm is contagious.
“We’re recognised as the go-to company to ap-
Recently received an enquiry for a scratch-off label that
is stuck to the back of cow
Supply
people, projects and products
that have gone above and
beyond the call of duty to
enhance the environment in which
Chain
they operate.
Awards
enjoyed a wonderful response
from the supply chain community
and everything is on track to make
this year’s event one of the indus-
try’s most prestigious accolades.
30
10 SupplyChain
Supply ChainToday
Today Jan
June2010
2010
BARCODING LABELLING SCANNING + RFID
N
associated with that item cannot be obtained. In
either should businesses with valu- heavy industrial applications, like the steel indus-
able items lose track of their assets. try, this is a problem and, as a result, a smarter
Identification and tracking of items is technique has been developed and adopted by
big business in the industrial sector industry role-players,” says Kyle.
where anything from raw materials to tools and The main advantage of using a 2D code is the
capital equipment are registered and tracked ability to store more information. This allows
using technology. more efficient usage of information for storage,
“Supply Chain Today” pops in at Traceability tracking and tracing. It also allows up to 25%
A
lthough we started in the industry
doing straightforward domestic and
commercial window cleaning, we’ve
developed along the way, specialising in
cleaning at height, but also cleaning of facades
and carpeting in offices,” he continues.
High on
High Clean Window’s system uses purified,
distilled water pumped up a pole to the window
surface. When agitated upon a surface, purified
water will absorb dirt, leaving windows cleaner
than when using detergent.
tenance costs.
“Additionally, we’ve found that while
many companies hire out high pressure
equipment, not a lot of companies actu-
ally know how to use it. We provide this
service, along with advice on correct ap-
plication of specialised chemicals when
necessary.”
A lot of buildings that were
constructed a decade ago are
starting to look shabby
Still on the topic of other cleaning ser-
vices, Tom tells us that the company has
a Builders’ Cleaning package designed
to make new buildings fit for occupation.
But by far the strangest project they’ve
undertaken was the cleaning of a number
of giant inflatable toys. “It was really just
an experiment,” he grins. “Ultimately we
found it was easier to deflate them, scrub
them with brooms and then blow them up
again. But it was good for a laugh!”
Tom Binns, High Clean Windows, Tel. 011 786
6563, Fax. 011 440 6882, Email: tom@highclean-
windows.co.za
Many companies are aware of the value of presenting a clean image to clients
W
the project because they simply wouldn’t take
hile this may seem like the perfect instructions from her. Often it’s a cultural thing
solution, it’s not as simple as it would – some ethnic groups have yet to embrace the
seem, “Supply Chain Today” is told concept of a truly equal workplace. The harass-
by Elize Venter, CEO of Woman@ ment aspect is far more disturbing though because
Work. The company specialises in assigning I can’t see how that can be sanctioned in terms
cleaning crews to warehouses, factories, offices of cultural behaviour.”
and shopping centres, and has experience in the
technicalities of handling dirty business. Male workforce
In other instances, the reasons are more un-
I’ve found that a man will give things a quick wipe and derstandable. “Many warehouses and factory
feel that this is good enough facilities have entirely male workforces. These
guys are really uncomfortable with women in
“We have teams of both male and female clean- their bathrooms,” she smiles. Considering the
ers, but nobody cleans as well as a woman,” ‘exposed’ nature of men’s toilet facilities, this is
she laughs. “The problem is that we can’t assign hardly surprising, although the same principle
women to all of the projects we handle.” applies in ladies’ rooms.
The reasons for this are She goes on to add that when it comes to the
varied, from safety issues regularly scheduled ‘deep-cleans’ required to
to bathroom etiquette. keep things spotless, women remain the best
However, some, such as option. “I’ve found that a man will give things
harassment by male work- a quick wipe and feel that this is good enough.
ers or gender inequality in They find cleaning demeaning. Women will pay
the workplace, are quite attention to detail, and they usually don’t care
troubling. how menial a job seems.”
Culture clash Safe and sound
“There have been a number Other areas where employers prefer to use male
of instances where I’ve as- teams include dangerous zones or cleaning at
signed female supervisors height, although Yolindi Botes, Contracts Manager
to a project and it’s been at Woman@Work, emphasises that the company
a disaster,” she tells us employs many women who are quite adept at
candidly. “At one company, cleaning in high areas.
the lady in charge of the
landscape team ended up From what she tells us, it’s obvious that there’s
pushing the lawnmower more to a project than the gender of the team
Elize Venter, CEO, Woman@Work herself while the men sat employed. “When we quote on a job, there are
numerous issues to factor into the equation,” she
explains. “We need to calculate the floor space
that needs cleaning and determine what equipment
must to be used, along with chemicals required.
“We may also need to designate HACCP cleaning
zones and colour code these areas, particularly
in facilities where food is handled.”
Safety concerns can be numerous and varied,
although some are simply a matter of common
sense. “We handle cleaning in a number of metal
facilities, where we ensure that our teams wear
well-fitting overalls so that sleeves and cuffs are
not hooked on metalwork. It may seem like a little
thing but it could cause an accident.”
Well-equipped
Site evaluations allow the company to establish
which areas can be cleaned with mechanised
Female cleaners
sweepers, and which must be swept manually, “I’ve often been advised to consider some new
for instance around piles of steel. Elize is pas- low-budget option, but it’s just not worth it,” she
sionate about her equipment and keeps abreast explains. “When a company outsources its clean-
of developments in the field, opting for the best ing programme to us, they expect the job to be
systems available. done without some technical hitch as a result of
machine failure. It’s our responsibility
to handle it without any inconvenience
to them so they can focus on their own
business. If they wanted to worry about
cleaning or chemicals, they wouldn’t
enlist our services.”
Averting a problem
Elize takes this further by implementing
quality control programmes along with
checks to monitor materials, consum-
ables and equipment. Illustrating the
attention to detail she values in her
teams, she explains the importance of
staying on top of every aspect of the
process. “It’s the best way to avert any
possible problem before it happens.”
We’re pretty sure you could eat off the
floors at Elize’s house.
Elize Venter, Woman@Work, Tel: 011 894-2031,
Fax: 086 503 8768, E-mail: woman.work@
The Team: Maryke (Admin), Bea (Ops), Les (Ops), Elize (CEO), Juanita (Sales Manager), Yolindi iburst.co.za, Website: www.womenatwork-
(Sales), Desirè (Sales) cleaning.co.za
Multipurpose service
Singapore-based Pacific International
Premium conditions
Lines re-launched its Multipurpose Service between China
The organisers of The Wine Show Jo’burg 2010 signed
and Africa in March 2010. This service offers customers
a partnership agreement with Dawn Wing, one of the
a direct link for projects and break-bulk cargoes between
country’s leading courier and logistics companies, to
China and Africa ports. It carries both containers and
handle all their delivery requirements for the recent wine
general cargoes.
show held in Jo’burg show and its exhibitors.
The service covers Xingang, Shanghai, Huangpu in China
According to organiser John Woodward, Dawn Wing was
and Durban, Tema, Lome and Lagos in Africa. Any ad-
ideally suited for the job. “Dawn Wing has the superior
ditional port(s) to be called will be on an inducement
facilities to consolidate the 70 pallets of stock, which
basis. At the initial stage, the service will be operated
were delivered to the show. We have been particularly
with four multipurpose vessels of about 20,000 dwt with
impressed with their specialist division, which is dedicated
a monthly frequency. The service will be upgraded to
to wine deliveries. This service includes repacking stock
provide a wider market coverage and increased frequency
into special boxes with custom-made inserts to ensure that
at a later date.
the wine arrives in premium condition for the customer,”
mentions John. PIL currently operates about 106 containerships and its
Location: Brits
© Creamer Media 120210CG
Significant advances
Soon the all-new Crown WT3000 pallet trucks will join the
army of Crown machines loading, unloading and picking
Engineer Placements
goods in warehouses and loading bays across the land.
Goscor Lift Truck Company’s (GLTC) MD, Darryl Shafto
www.engineerplacements.com
says the WT3000 series has all the qualities a pallet
truck requires to work day in and day out in demanding
conditions. “This is an ultra-tough design with unique
Carbon Footprint
At a time when many companies are still paying lip service to the concept of environmental friendliness, some
are stepping up to the plate and truly embracing corporate green responsibility.
J
an Smit, DCS business executive at GijimaAst, “It’s already begun in South Africa with giants
is the driving force behind the company’s like Total SA and ABSA, and other companies
green initiative, encouraging organisations with international ties, where greening is part
to reduce their carbon footprint, be more of a long-term profile that guides these organi-
environmentally friendly and adapt to the move sations in their day-to-day operations,” he tells
to reduce global warming. “Supply Chain Today.” “It’s also taken off with
companies in the sectors that have the greatest
If you think about it, our world is one giant supply chain environmental impacts, like mining. Most of
these organisations have to adhere to
the new SHE policies.
“For instance, DeBeers rehabilitates
mine land to create game farms promot-
ing conservation. It won’t be long before
we see many local companies catching
up. Environmental responsibility and
energy efficiency is a selling point for
most companies today and is being
followed as a matter of course.”
Green drive
While much has been made of the recent
move to focus on the supply chain as
a source of carbon emissions, Jan tells
us that the issue extends far beyond
this. “It’s not only about carbon emis-
sions, but about the entire process,” he
explains. “How green is the equipment,
is it energy compliant? What are my
suppliers doing to go green?
“Companies like De
Beers are introducing
electric trucks, others
are implementing smart-
er scheduling and better
routing. Another prime
area for rationalisation
is in inventory, where
companies can make
significant improve-
ments in efficiency, in
terms of productivity as
well in capital invested
in stock.
Long-term process
“Businesses need to
look at the entire supply
chain to become more
cost effective and en-
vironmentally friendly.
However, this is a long
term process that needs
to become a way of life
audit for a company, implementation takes six “The trade in carbon credits within the interna-
months to a year and then it’s up to the organisa- tional community is a trillion dollar industry that
tion to integrate the recommendations. It requires will soon begin impacting South Africans. Once
a mindset transformation to inspire change and the fiscal benefits become apparent, we’ll start
awareness, to become an ethos rather than a seeing more companies committing to social and
mindless chore. environmental responsibility. This is already be-
“I like to encourage companies to establish their ing applied in the tender process, where carbon
carbon status the way individuals establish their certificates are becoming mandatory.
HIV status, so that they have the information Where money is involved there will be the sharks circling
necessary to behave responsibly,” he smiles.
Bankable initiatives Overall impact
While the supply chain is an obvious concern, He adds that an effective energy system will impact
often it makes sense to address grass-roots prob- all the way down the supply chain, both financially
lems first. “Reducing electricity consumption can and environmentally. He believes that every com-
have an immediate impact,” explains Jan “After pany has a logistical process involved in getting
all it’s the second largest operational expense their product or service
after human resources. Sometimes it’s best to to its market, even if it
identify the ‘low-hanging fruit’ and tackle these doesn’t specifically rely
before moving onto other areas.” on fleets of vehicles or
vast warehouses to ac-
The outcome is not only a smaller footprint and
complish this.
significant savings, but results that can be re-
directed into bankable green initiatives. “These “If you think about it,
initiatives are fundamental to ongoing green our world is one giant
performance, but are worthless if not monitored supply chain, where
and quantified to form a history of progress,” one action, service or
Jan points out. product directly im-
pacts on another,” says
Impressive savings Jan. “The process of
“Often a company will ‘virtualise’ its systems, movement needs to be
which has the potential for impressive savings. streamlined to reduce
However, it is essential to check back against our overall impact on
previous performance to monitor the difference. the planet.
Companies become de-motivated if significant
progress is not made. People need to ‘feel’ the Waste compactor
process at work, rather than just assume it is “Systems need to be
effective.” incorporated into our
daily lives that reduce
To make progress truly tangible, GijimaAst has
the need for wasteful
initiated a finance model that allows clients to
activities, such as hard
buy technologies using green savings made from
copy printing for ex- Jan Smit
the green solutions. “It’s a self-funding endeavour
which allows constant
growth in new technology,
increasing operational
efficiency. This, in turn,
increases profits.”
Taxing emissions
Jan has some words of
warning for those who
are dragging their heels
about getting on-board.
“The government is al-
ready in talks about tax-
ing enterprises based
on their carbon emis-
sions,” Jan warns. “But
it shouldn’t be all about
avoiding sanction. Why
not take advantage of the
benefits?
Planning Ahead
The UK-developed software system, LogiX, is currently being utilised
successfully by South African freight and logistics giant, Unitrans
Freight and Logistics. First introduced to the company by Johannes-
burg-based Pathfinder Logistics Solutions, an agent for the system,
LogiX was implemented three years ago in the Unitrans Freight and
Logistics operation in Tydstroom, Cape Town.
W
“We also store the historic data from the system
e chat to Johan Grobler, Contract to produce accurate management reports. All of
Manager for Unitrans Freight and this for a reasonable price,” says Fred.
Logistics and ask him how LogiX is In addition to finding the shortest route, LogiX
applied to their day-to-day business schedules different products onto available ve-
at Tydstroom. hicles to ensure all orders scheduled are delivered
Quick and efficient within a specific time frame.
Says Johan, “LogiX is useful for our daily sched- Not looked back
uling of multi-drop deliveries, which we make In particular Unitrans benefits from increased
using about 30 trucks at a time. It is especially efficiency in time scheduling, vehicle utilisation,
beneficial to us and our customers as it offers vehicle capacity utilisation, route optimisation as
both efficient vehicle and load capacity utilisa- well as in the area of new business proposals.
tion. “For us the system is tremendously quick,
efficient and cost effective.” Unitrans adopted the system to establish a
minimal fleet from day one which has proved
A reduction in overtime because the management team so successful that the company has not looked
guides and briefs their drivers back since. “Forward planning logistics for a
business of our size is critical, therefore this
He adds that the system saves Unitrans at least system suits our needs perfectly and keeps our
two hours each day in scheduling activities. business moving each day - as well as keeping
“Since moving over to this system our customers our customers happy,” Fred adds.
have reacted extremely positively. As for improved “In addition Pathfinder is flexible and responsive
efficiency for Tydstroom for on-time deliveries, and they completed the implementation within
this has seen a 12% increase.” three days. An unbelievably smooth change-over
Trip sheets to an extremely user-friendly system – our staff
Fred Theart, Contract Supervisor: Tydstroom became accustomed to it in no time.”
S
all transactions, business processes, collaboration
trategix Business Solutions managing di-
efforts, and tools. Transactional processing and
rector, Jaco Stoltz, says this shift is being
performance are still relevant, but people become
driven by workers’ dissatisfaction with rigid
the most important element of the solution.
solutions that fail to integrate cross-busi-
ness processes, adapt to changing global markets, Microsoft Dynamics AX 2009 is a leading example
or address the needs of individuals in different of a business management solution designed to
kinds of jobs. “This inflexibility results in poor optimise usability, improve user productivity and
usability, both for the individual worker and for meet the needs of people in a variety of roles to
the solution’s fit with company-wide business drive business success. The solution’s user-friendly
processes and requirements.” navigation, familiar interface, visualisation aids,
and self-service business intelligence (BI) tools
Rigid business management solutions force people to are prime examples of highly usable features.
abandon their creativity
Creativity abandoned
According to a recent Forrester report, there is Jaco says a business management solution can
a shift toward “Dynamic Business Applications” only increase efficiency through process speed
that is helping to address this challenge. Dy- and automation. “It takes people, their ideas,
namic business applications greatly enhance collaboration, and decisions to envision products
Sustainable Approach to
Freight in South Africa
“Supply Chain Today” recently attended the Launch of the CSIR’s “Sustainable Transport + Mobility Hand-
book.” The section on freight is reproduced here for the benefit of readers.
E
conomic sustainability logistics costs. This can generally be attributed to
Freight transport supports the South the large distances between typical origins and
African economy, as it constituted more destinations and the cost of fuel. South Africa
than 8% of South Africa’s gross domestic requires more transport per unit of commodity
product in 2007. Compared with a world average than most countries in the world (CSIR. 2008).
of 39%, transport made up 53% of the country’s Almost two thirds of road transport costs are
attributable to fuel expenses and 29% of
freight transport cost is exposed to external
factors beyond the transport operator’s control
(CSIR, 2008).
Externalities affecting freight transport include
congestion, accidents and weather. The afford-
ability of freight transport is highly exposed
and vulnerable to external factors, placing a
question mark behind the freight system’s
economic sustainability.
A lack of proper inter-modal facilities
between ports, roads and rails, is the
main inhibiting factor for growth in
containerised traffic
Inter-modal
Ownership of infrastructure plays a significant
role in the success and growth of the industry.
The fact that various infrastructure is privately
owned, or owned by Transnet, prohibits co-
hesion, limiting the systemic operational
improvements that can be achieved. A lack
of proper inter-modal facilities between ports,
roads and rails, is the main inhibiting factor
for growth in containerised traffic.
For instance, Transnet’s responsibility for
port planning and management deters private
sector investment and has resulted in a situ-
ation where several ports are badly in need
of further redevelopment, investment and
modernisation, but are limited by the provi-
sion of capital under the control of central
government. Common transport development
plans and policies-and adherence thereto-are
required to avoid micromanagement inhibiting
growth in the entire system.
Below par
South Africa is below par when compared with
international freight transport best practice. This
Fatal crashes
In terms of safety, 9.97% of the vehicles involved in
fatal crashes in 2004 were trucks per 10 000 vehicles.
This is mainly due to the extent at which trucks are
used annually (number of vehicles miles travelled). A
major contributing factor to the cause of truck related
accidents is the age and maintenance levels of trucks.
The average age of a truck is 12 years. Improved
maintenance and regulations should make these old
trucks less accident prone.
Driver fatigue is another major cause of trucking acci-
dents. Shifting some of the road transport to the modes
of transport should, therefore, improve road safety in
South Africa. South Africa is a country severely af-
flicted by HIV/Aids. The illness is especially prevalent
among truck drivers and the transfer of HIV/Aids and
sexually transmitted infections is a growing concern in
the transport industry. Truck stops can be an important
part of the strategy to protect truck drivers against
these and other illnesses and provide information on
the risks (www.arrivealive.co.za). Human health is also
affected by poor air quality associated with transport
emissions. Air quality and emissions standards can
combat these effects.
Conclusion
South African freight is generally not considered sus-
tainable, at present. A move towards modal integration
and a more equal modal distribution will go along
way to improve system sustainability. Environmentally
speaking, stepping away from non-renewable resources
and introducing fuel and vehicle emissions standards
should be apriority.
The impact of current monopolies on the freight system
should be carefully monitored, provoking government
action to mitigate negative effects where possible. As
with most sustainability initiatives, government has
to show strong leadership to elicit buy-in from all
stakeholders in the industry.
Fat profits
“Lean and agile supply chains are
critical in meeting today’s challenges
of demand and supply uncertainties,
cost reductions, and complexity. The
intensity of the business arena clearly
illustrates the importance of a highly
responsive supply chain. A company
needs the ability to swiftly evolve in
accordance with change, making it
essential that their supply chain has
the in-built flexibility to respond with
the minimum of upheaval,” says Keith
Fenner, vice president sales - Africa,
FAW South Africa’s CEO, Richard Leiter
Softline Accpac.
Finance its own vehicles While solutions like Business Process Management, Quality
China’s leading truck manufacturer FAW, and the China- Management and ERP have all addressed only the inner
Africa Development Fund (CADFund) have launched an workings of an organisation, Supply Chain Management
investment company for Africa with a capital base of more (SCM) aims to integrate the company’s internal systems
than R800 million. to those of its suppliers, partners and customers. Tech-
FAW South Africa’s CEO Richard Leiter says that this nologies such as the Internet, electronic data interchange,
investment will significantly help FAW business in South transportation and warehouse management software,
Africa and the African continent. He adds that, impor- including software that manages plant scheduling, de-
tantly, part of this capital will go towards FAW starting mand forecasting and procurement, make SCM a versatile
its own finance company to serve the Southern African strategy to adopt.
region and beyond. By understanding what customers demand and what goods
“Finance through the normal channels
has become a real challenge in our field
and we welcome this capital, which will
enable us to become more entrepreneurial
and grow our business.
“This will give us a significant competi-
tive advantage as we will control our
own deals. Not many companies, if any,
in our industry are in such a position,”
adds Richard.
Zhao Jianping, CADFund Chairman,
says that CADFund is the first equity
investment fund in China that focuses
on investments in Africa.
He adds that with the capital to continu-
ously make the fundamental improve-
ments, FAW’s business will continue to
grow cross-border where it has dem-
onstrated an ability to be successful.
“In the last six months FAW sold more
than 10 000 vehicles in Africa making
the continent, and especially Southern
Keith Fenner
25 - 28 July 2010
Sun City
Gold sponsor: Silver sponsor: