Page 29 - Logistics News - Issue 01 - 2024.indd

TR AD E O U TL O O K

growth. Getting it where it needs to be – with tangible working capital is effectively utilised. Financial discipline
change – is going to require substantial collaboration is key and market conditions will eventually become
across private and government sectors as rail and ports more buoyant, which will open additional avenues and
need to work together to achieve meaningful change opportunities for growth both locally and abroad, and
and progress. This, of course, will require clear policies, importers need to be able to take advantage of these.
transparency, investment and decisive leadership.
My advice: Close collaboration with your key supply
Generally, given the last few years, we should be able chain stakeholders and financial partner(s) is essential.
to adapt much quicker to supply chain shocks – learning Have a clear understanding of changes to market and
from the lessons of the past and being able to adjust to industry conditions and the impacts these could have
any disruptions. However, importers need to be cautious; – they do present opportunities. Take time to plan
they need to watch their costs closely, adjust lead times effectively for scenarios that could pose a risk to your
where required and examine ways of ensuring that their business. •

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