An organised and efficient logistics component is imperative for the all-round, well functioning of an industry, the Chartered Institute of Logistics and Transport South Africa (CILTSA) VP Martin Bailey tells Mining Weekly."Looking over time at industries such as manufacturing, it is evident that this industry realised the significance of the role that logistics plays decades ago. Hence, the skill level of people that began movinginto supply chain management changed."Management began shifting its focus towards logistics - where huge opportunities to reduce costs were available. In fact, we know how important logistics is in South African business, because it contributes about 20% to the country's gross domestic product," explains Bailey.
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