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- Journal of Transport and Supply Chain Management
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- Volume 7, Issue 1, 2013
Journal of Transport and Supply Chain Management - Volume 7, Issue 1, 2013
Volume 7, Issue 1, 2013
Source: Journal of Transport and Supply Chain Management 7, pp 1 –7 (2013) http://dx.doi.org/10.4102/jtscm.v7i1.104More Less
Inventory management is a crucial aspect of managing a company successfully. This is even more apparent in the case of maintenance inventories for production equipment, which impact directly on production equipment efficiency. This is a typical inventory management issue for a cement manufacturer that faces the problem of managing its maintenance inventories optimally when certain maintenance items have exceptionally long lead times (100 weeks) and values in excess of R500 000. An assessment of the cement manufacturer's approach to managing its maintenance inventories indicated various shortcomings, which have resulted in a significant level of obsolescence. One approach to managing maintenance inventories efficiently is to implement a classification of the inventory items in terms of their criticality to the cement production process. The critical nature of a component could be established through a risk-based approach (minimisation of the risk of production loss) and taking into account the type of maintenance (planned vs unplanned) that the component is required for. A risk-based approach should form the basis of the maintenance inventory management of the cement manufacturer as this would allow the cement manufacturer to utilise other inventory management methods effectively. In addition, it is important to ensure that employees are well versed in the different inventory management approaches utilised and that high levels of integration between departments are pursued.
Overview of the developments in the domestic airline industry in South Africa since market deregulation : original researchSource: Journal of Transport and Supply Chain Management 7, pp 1 –11 (2013) http://dx.doi.org/10.4102/jtscm.v7i1.117More Less
Deregulation or liberalisation of air transport has had major global impacts on the domestic air transport markets, with effects ranging from stimulation to changes in the structure and functioning of these markets. In South Africa, deregulation has had wide-reaching effects on the domestic market. The purpose of this article was to investigate the current domestic air transport market. A literature review was performed to examine the effects of deregulation in other domestic air transport markets around the world. This was followed by a review of the South African domestic air transport market prior to deregulation in order to determine the changes that were made following deregulation. The ten-year period immediately following deregulation was also examined; this period was characterised by relatively large numbers of market entries and exits. A database was obtained from the Airports Company South Africa; air traffic movements, passenger numbers and load factors were evaluated. The study showed that the market is still characterised by regular market entries and exits. Also that the entry of the low-cost carriers has stimulated the market, resulting in increased air traffic movements, higher passenger numbers, higher load factors in general and the opening of a secondary airport in Gauteng, Lanseria International. Deregulation and, more specifically, the entry of the low-cost carriers has resulted in structural changes in the market and more choice for passengers.
Author Stephen KrugerSource: Journal of Transport and Supply Chain Management 7, pp 1 –2 (2013) http://dx.doi.org/10.4102/jtscm.v7i1.128More Less