Data analytics consultant stresses the importance of ecommerce in SA

27 November 2018 Consultancy.co.za

CEO at Gauteng-based data analytics and consulting firm Moyo Business Advisory, Pierre le Roux has become the latest expert to call for digital transformation across South Africa’s markets in order for it to become internationally competitive, arguing particularly for a larger e-commerce market.

South Africa has the second largest GDP in Africa, and is amongst the region’s most rapidly developing and diversified economies. Nevertheless, the country’s business environment has lacked the innovative edge that it has required in recent times to remain internationally competitive.

A number of experts and senior executives in the country have called for more innovation in recent times, while some of the larger firms have begun targeted initiatives to facilitate an environment more conducive to innovative capabilities. According to Pierre le Roux, this trend needs to carry over into the country’s retail sector.

Despite a turbulent period over recent years, South Africa’s retail sector has remained particularly stable in recent years, driven by large retail chains active in the country. In order to meet the gap between a growing consumer market and underdeveloped retail infrastructure, retailers in the country have been turning to the digital sphere to remain operational.

Data analytics consultant stresses the importance of ecommerce in SA

Le Roux wishes to see an increasing trend towards developing ecommerce capabilities inspired by some of the largest retailers in the world such as Amazon and Takealot. This is increasingly possible in the contemporary market scenario, given that the ecommerce domain is increasingly accessible even to the smallest of players.

“It is vastly easier now to enter the field of e-commerce now than it was ten years ago. It has also become less capital intensive than it used to be with many software options that only have to be modified to a limited extent to get a new operation off the ground,” Says le Roux.

“We have seen companies on the brink of disaster turn their businesses models around and go from loss-making enterprises to becoming profitable thanks to the introduction of e-commerce and even more importantly, data analytics, in order to predict ahead of time which goods and services were in the greatest demand and to supply these timeously.”

He concludes, “Ranging from automated warehouses to ensuring adequate stock levels to supply the needs of consumers during peak time such as Black Friday and Cyber Monday as well as over the Christmas holidays, a data analytics model can precisely predict these spikes well before they take place.”

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Three supermarket chains look to Professional Vision Group for strategic support

05 February 2019 Consultancy.co.za

As international retail companies look to capitalise on South Africa’s growing retail market, three local retailers – Qucikmatt, Cleanshelf and Tumaini are looking to enhance their competitive edge in the market. Professional Vision Group has been called upon for support with this objective. 

Based in Cape Town, Professional Vision Group is a B-BBEE- certified consulting firm that caters specifically to the fresh foods sector, supporting firms operating in this industry with a  broad range of solutions to do with retail, manufacturing, hospitality and convenience of food services.

The firm’s services are divided into four verticals, namely consulting, training, e-learning and IT Solutions. In the consulting domain, the firm primarily examines the existing business operations of a fresh foods firm, and looks to make changes that promote efficiency in its processes and systems.

Professional Vision Group holds expertise in supply chain, financial modeling, product development, and the implementation of standard operating procedures. It is this expertise that has now earned the firm contracts from three retailers in South Africa – Quickmatt, Cleanshelf and Tumaini.

Three supermarket chains look to Professional Vision Group for strategic support

All three are supermarket chains that are looking to enhance their profile in South Africa’s increasingly competitive retail environment. Retail is among the few sectors that has maintained its growth trajectory as the rest of the business environment has struggled in the current economic scenario

A number of international retailers are now entering the South African market with the intention of competing with the biggest players in the country, and the latter are looking to modernise their operations to maintain their competitive edge in the market. Cleanshelf and Quickmart have both recently launched new stores in the country, the former in Kayoke and the latter in Lavington.

Commenting on the contracts, co-Founder and Managing Director at Cleanshelf Timothy Kihara said, “We thought it prudent to engage people with a vast experience in the fresh food department. This is the first time we are doing this. We also acknowledge that good margins can be realised from the food sections but it has to be executed and managed well.”

Co-Founder at Professional Vision Group Tim Faull said, “We are a fresh foods consulting company and our core competencies revolve around three key areas, consulting; where we help brands like this (Cleanshelf) layout its blueprint, concepts, menus and recipes, we also train to ensure continuity and developing a food management system that covers everything from procurement to training; the system is also an e-learning platform that enables us to deliver training from anywhere in the world.”