What is a Logistic?
Logistics is the part of supply chain management that deals with the efficient forward and reverse flow of goods, services, and related information from the point of origin to the point of consumption according to the needs of customers. Logistics management is a component that holds the supply chain together.
Logistics Business Ideas In South Africa
Best Logistics Business Ideas In South Africa:
1. Air Cargo Transportation
The air cargo transportation industry currently represents 35% of world trade. Air cargo is timesaving, effective, and favored for sending shipments from one country to another, and South Africans can benefit.
Starting an air cargo transportation business is lucrative, but it is capital-intensive. So, getting prior knowledge will be necessary. You can consider becoming an understudy to experts online or getting some form of apprenticeship to get started with a proper understanding of the business nature.
2. Trucking Business
Starting a trucking business can be lucrative for short and long-term investors. It is one of the most profitable transportation and logistics businesses to start with moderate capital. Trucks can deliver different products from manufacturers to wholesalers and retailers in any country.
You can consider selecting the direction of your trucking company based on your interests. Shed delivery, car hauling, home improvement equipment, and livestock haulage are a few trucking business niches. Furthermore, South Africans can dabble in diesel, gasoline, and agricultural equipment trucking business for rewarding opportunities.
3. Courier Service on-Demand
Since the pandemic, the need for on-demand courier services has skyrocketed. Offering courier services is a profitable business idea with rewarding opportunities. With eCommerce becoming increasingly popular, door-to-door delivery of goods and services becomes essential, making courier service necessary.
The idea is to satisfy any customer’s need to buy an item and get it delivered to a preferred location at a fee. You can consider putting a pricing structure and parcel tracking options together before commencing this business.
4. Shipping Services
Shipping services can be considered among the best transportation and logistics business ideas that ensure a steady income. While shipping services are integral to transporting goods from manufacturers to consumers, South Africans can earn a decent income without national barriers.
If you have experience and expertise in importing and exporting goods, consider this lucrative business idea. However, the business idea requires passion, dedication, effort, and practical strategies for successful results beyond mere logistical experience.
5. Car Shuttle Service
A car shuttle service can be a lucrative transport business idea if you want to cater to the transportation needs of people who travel frequently.
A car shuttle service can be beneficial for people who travel to and from the airport, business people, and tourists. The advantage of this business is that it requires low start-up costs and minimal operational expenses
6. Freight Forwarding
Freight forwarding is a service provided by logistics companies that arrange for the transportation of goods from one location to another.
Starting a freight forwarding business can be a profitable idea for South Africans, particularly for those with experience in logistics and supply chain management. It requires minimal start-up costs and can be run from a home office.
Is logistics a good career in SA?
Every student, after spending years studying to attain their degree wants to join an industry with limitless potential for career growth. The logistics and supply chain field offers this in spades. In South Africa, the Logistics industry contributes 10 – 12% of the country’s GDP.
Is logistics a good career in South Africa?
The logistics industry in South Africa is facing several challenges in 2023, including high unemployment, low economic growth, and rising fuel costs.
Despite these challenges, the industry is expected to continue growing, driven by increased demand for goods and services, as well as advancements in technology.