Blog

The Easter holiday season is upon us yet again and this presents both opportunities and challenges for businesses, especially those in transportation and logistics. With national roads experiencing an increase in volumes of traffic during peak season, drivers must prioritise safety, while still maintaining efficiency and cost-effectiveness. Statistics reveal the pressing need for enhanced road […]

Africa’s doors are open for business, with huge untapped potential across its vast markets. The procurement and supply chain professions have a pivotal role to play in Africa’s growth and success as they can drive collaboration, partnerships and cross-border trade, and support and develop small businesses and communities. Managing risk in African supply chains is […]

Most larger businesses today operate in multi-faceted environments and across multiple territories.  Lowering costs, improving operations, and increasing revenue are undoubtedly the major goals of any business. In today’s tough economic environment, companies constantly strive to improve their performance percentage compared to the previous fiscal year or trading period, a primary reason for a company […]

With more than 710,000 small formal businesses in its fold, South Africa’s small and medium enterprise (SME) sector plays a critical role in boosting economic growth and creating employment opportunities in the country. A 2023 Real Economy Bulletin by Trade & Industrial Policy Strategies (TIPS) notes that small formal businesses directly generate a third of […]

In the realm of financial management, the significance of account reconciliation as a tool for evaluating an organisation’s financial health is undeniable says Naomi Breetzke, Payment Consultant at Synthesis. It allows organisations to gain insights into their cash position, liabilities, and assets, facilitating informed decision-making. The challenge lies in determining whether reliance solely on account […]

In the fast-paced world of material handling, machines are indispensable tools for efficient operations. CFAO Equipment SA stands at the forefront of this industry,  offering total solutions for new and pre-owned equipment, rental options, and value-added services. However, they also focus on enhancing business capabilities through specialised technical training. Ensuring the safe and effective operation […]

For a minister who seems confident when it comes to anything Israel related, Minister Naledi Pandor is less assured when it regards other international matters. Like Iran or Russia. Or Isis. Or Hamas. When questioned about pesky details of human rights concerns related to these players, she seems a tad uncertain. To say the least. […]

In a world where environmental sustainability is of overriding importance, every individual and business has a role to play in preserving our planet. Water conservation, particularly in South Africa, where its supply due to climate change and weather patterns like El Niño is of major concern, is an essential aspect of this effort. This is […]

The last ten years have seen phenomenal growth in tools like artificial intelligence (AI) and machine learning, which are being used successfully in a range of applications in the supply chain, including demand forecasting, risk, inventory and quality management, and transport and distribution optimisation, says SAPICS (The Professional Body for Supply Chain Management). Recognising that […]

Amazon Web Services (AWS) recently hosted an exclusive event “Elevating Possibilities with Partners – a Showcase of GenAI Excellence” in South Africa. This event brought together ten esteemed partners, including Synthesis Software Technologies, to highlight innovative advancements in the field of Generative AI (GenAI). Dr. Archie Arakkal, Practice Lead, and Darren Bak, Head of Intelligent […]