Connect with us

Press Releases

Inospace launches a Proptech solution to give logistics and industrial tenants more than space

Published

on

Inospace creative works buildings from above

24 October, Johannesburg – Inospace, South Africa’s leading owner and operator of serviced logistics parks, is casting off its industrial overalls and leaping into the new tech space with its own technology platform, Inocircle.

“The Inocircle online platform aims to resolve business pain points and add material value to small and medium enterprises (SMEs),” says Jodi Sher, chief marketing & product officer at Inospace.

Already the biggest owner of serviced logistics parks in South Africa, Inospace is positioning itself to be a proptech provider with a war chest aimed at finding solutions to its customer’s logistics pain points.

Months after the announcement of its R1,25 billion deal with Fortress REIT, Sher said the company was aiming to set the gold standard of African CRE management with the adoption of technology and a laser focus on what its customers need.

“Inospace’s tenants are not being kept up at night by what they pay in rent. For every Rand our clients spend on rent, they spend R5 on electricity and R10 on transportation, so our focus has been on creating technology solutions around those areas,” explained Sher.

While it pioneered the development of service logistics parks, Inospace made a quiet entry to the proptech space in 2020, creating its own property management system which initially focused on innovative concepts to manage a large multi-let real estate platform that has short leases and offers flexible terms.

These proptech systems align with Inospace’s increased focus on streamlined efficiencies, cost-reduction and improved decision-making. And now, having grown to 50 logistics parks, the business has the ability to scale up its technology offerings through Inocircle.

The Development of Inocircle

The Inocircle propriety technology platform took time to develop, but now serves as a space-as-a-service by offering useful business tools that go way beyond cost savings and efficiencies.

“We don’t want to be a fast follower, and one of the things we’ve spent a lot of time on is looking for inspiration outside our industry, and then translating it for real estate —making us a first mover in our industry,” says Sher.

Online retail has transformed consumer expectations on service levels and put immense pressure on the logistics sector to figure out how to change the supply chain to meet those expectations. As a warehouse owner and manager, Inospace has been able to leverage its position by looking at problems from its customer’s viewpoint.

“When you take a step back and think about it, there’s no other business in the world where you spend three months negotiating a contract with someone and then ignore them for the next five years – that’s a real constraint on our industry. Which is why, if we can add value using new ways to leverage technology, we are going to change the industry,” says Sher.

“It’s a self-imposed constraint that many property owners put on themselves. As a traditional landlord it’s great having a passive income, but tenants want more than just space these days, and it starts with how we create customer centricity and change the relationship using technology.”

The Inocircle offering

The value of a property is no longer defined solely by the space and its location, but by the blend of technology-enabled service and a superior tenant experience. The Inocircle technology platform is a realisation of that, delivering solutions to some of the most critical challenges facing property managers and tenants.

Today’s property managers are tasked with everything from community relations to rental collections and vendor management. Inocircle helps in this regard, offering property rental tools which manages deals, properties, and lease expirations. It also offers real estate analytics and data which make it possible to assess future risks and opportunities.

On the consumer end, Inocircle incorporates facility management, and offers customised customer-support services. A subscription service will help tenants manage their supply and procurement demands, and access industrial and logistics-related goods and services offered by various vendors at preferential rates.

In addition, clients will create business profiles on Inocircle, allowing them to request maintenance support, and manage their accounts with real-time access to a business directory.

Launch partnerships

For its launch, Inocircle is partnering with vendors including MiWay Insurance and 2Ship, a fully integrated client facing transport management system. Through MiWay, Inocircle will provide new and existing clients with discounted non-life insurance and a range of business insurance products.

The partnership with 2Ship will offer tenants access to an integrated online transport platform. This will allow them to find the most affordable and fastest courier and delivery solutions for any shipment.  The logistics service also provides a seamless integration layer between all the major e-commerce stores and most South African local and international courier companies.

“Inocircle users will be able to track deliveries, receive e-mail updates and pay using an e-wallet, without having to open accounts with various courier companies,” says Sher.

Additionally, through exclusive offers, Inocircle will give its clients access to various support services, ideal for SMEs, including an IT help desk, tender notifications, marketing services, and legal and labour advice.

“By streamlining how we work with our clients through this platform, we are improving efficiencies for our clients and enabling them to focus on the operations and growth of their businesses.” says Sher. 

Continue Reading

Press Releases

Unitrans launches Centre of Excellence to enhance African supply chain solutions

Published

on

Operating cost efficiencies and safety – both driver and vehicle – are primary considerations for any logistics or freight company and Unitrans, a forward-thinking company dedicated to providing value-added supply chain solutions across the continent, moves this to a new level with the launch of its newly upgraded Centre of Excellence (COE).

“The launch of our upgraded COE marks a significant milestone for Unitrans and the industry as a whole,” says Jacques Greeff, Executive of Solutions at Unitrans. “We are thrilled to unveil this state-of-the-art facility that will drive value creation and operational excellence for our clients across Africa.”

The modern supply chain is driven by ‘big data’ with information coming directly from trucks on the road, fleet management systems and other services. The COE collects, analyses this data and provides real-time solutions and information to all relevant departments, as well as to drivers on the road – for example, instant route changes to avoid traffic jams and the like.

By harnessing the power of technology through the COE, Unitrans is able to process large-scale data into actionable business intelligence.

“Our focus is on empowering our clients with real-time insights and predictive analytics that drive informed decision-making and enhance overall operational performance,” remarks Greeff. “Through our centralised platform and data-driven approach, we are unlocking new possibilities for supply chain optimisation and cost efficiency.”

Unitrans is committed to developing bespoke solutions to provide optimal results for its customers. The company’s commitment to excellence extends beyond technology and data analytics. Its team of industry experts brings a wealth of experience and knowledge to the table, ensuring clients receive best-in-class solutions tailored to their specific needs.

“We believe that the future of supply chain management lies in the integration of data-driven insights and advanced technology,” continues Greeff. “Our COE is designed to be a game-changer, offering our clients a competitive edge in a rapidly evolving marketplace.”

Greeff describes the COE as an enabling tool that serves to optimise operations, mitigate risks and enhance safety and security measures – ultimately contributing to the increased efficiencies of our customers’ supply chains. Some of the tangible benefits of the COE include fleet optimisation, reduced standing times and an overall boost in vehicle efficiency.

Whilst none of these concepts are new, the Unitrans COE uniquely balances risk mitigation imperatives and efficiency targets with sustainability objectives.

Predictive analytics

Predictive analytics means leveraging historical and real-time data to forecast future outcomes. By analysing large-scale data sets, businesses can gain valuable insights into patterns, trends and potential risks, allowing them to make informed decisions and mitigate operational challenges effectively.

In the context of a logistics business, predictive analytics can revolutionise risk management practices by identifying potential issues before they escalate, reducing operational risks and improving operational cost efficiency significantly.

Through the continuous analysis of data related to factors such as weather conditions, traffic patterns, equipment maintenance and driver behaviour, transport and logistics companies can proactively address potential problems and optimise their operations for efficiency, safety and sustainability.

“Ultimately, with the integration of advanced predictive analytics tools and large-scale data analysis, it is conceivable the supply chain industry could not only reduce operational risks, but potentially eradicate them altogether,” says Greeff.

This transformative approach has the power to improve the way supply chain businesses operate, ensuring smoother operations, enhanced safety standards, and ultimately, a more sustainable and reliable supply chain ecosystem.

Continue Reading

Press Releases

JC Auditors prompts Easter Road Safety Campaign

Published

on

South Africa has historically faced alarming road safety challenges during the Easter holiday period. According to past statistics, road accidents and fatalities tend to spike significantly during this time, highlighting the need for heightened awareness and proactive safety measures. According to Transport Minister Sindisiwe Chikunga, 225 people died on the roads over the four-day Easter 2023 long weekend in 185 fatal crashes.

This is an almost 40% increase on the number of deaths in 2022. According to the Road Traffic Management Corporation (RTMC), the number of fatal crashes increased by 33% between Easter 2022 and 2023, with North West and Northern Cape recording decreases of 57% and 25% respectively in fatal crashes. The highest percentage increase was in the Free State at 125%, followed by Kwa-Zulu Natal at 67%.

As a prompt to the road transport industry, JC Auditors (JCA) are encouraging the road transport sector to consider initiating Easter road safety campaigns in the context of their business operations. The industry is being encouraged to consider simple, innovative ways to keep safe driving at the forefront during this high-risk period. With the holiday season approaching, it is crucial to avoid becoming immune to the messages of road safety campaigns and instead focus on engaging and impactful methods to remind drivers of the importance of safe driving.

“These campaigns need not be formal and big events – although the bigger corporates may opt for this – but a simple safety talk, a few impactful posters, a voice-note to the drivers, a quick reminder by the fleet controller. This can make a difference to at least one life,” says Yashen Naidoo, JC Auditors’ RTMS Lead Auditor.

More than 80% of road accidents are due to driver behavioural issues. Therefore, changing the mindset, attitude, and focus of drivers is crucial in reducing road accidents and fatalities. “From the RTMS audits conducted, we have found that distracted driving, travelling at unsafe speeds, and not maintaining a safe following distance are key contributors to road accidents,” comments Naidoo. “Drivers need to adjust their driving behaviour to suit prevalent road conditions, including high traffic density, road construction sites, wet roads, poor visibility, and damaged roads.”

Certain routes, such as the section of the N3 between Pietermaritzburg and Hammarsdale, pose an extremely high risk to drivers due to narrow lanes with temporary barriers. A minor lane deviation, a moment of distraction, or travelling at an unsafe speed can have catastrophic results. Commercial fleet operators need to raise awareness among their drivers about such high-risk routes and the need for extra caution.

The N3 Toll Route has seen a significant increase in the number of trucks over the past decade, mainly due to the transfer of freight from rail to road. On average, 7 000 trucks move thousands of tons of goods on the N3 every day. Given the high risks, commercial fleet operators need to seriously consider innovative means of raising awareness in our collective efforts to reduce road crashes and fatalities.

As part of the collective effort to stimulate practical road safety initiatives, JC Auditors (JCA) has made a free “Easter Safety Basket” poster available to prompt commercial fleets to start taking steps to promote safe driving. The poster which can be shared with drivers may be downloaded from JC Auditors. “By working together and taking little steps, we must believe that, despite our poor road safety record, we can make a difference!” concludes Naidoo.

Continue Reading

Press Releases

Road Freight Association revs up for annual conference at Arabella Hotel, Golf & Spa

Published

on

Political Analyst Ongama Mthimka

The Road Freight Association (RFA) is gearing up for its annual conference, which this year takes place in the picturesque town of Hermanus in the Western Cape. The three-day event, held from May 24 to 26 at the Arabella Hotel & Spa, will bring together key stakeholders, thought leaders, and professionals from the road freight industry for networking, innovative ideas, learning, and relationship-building.

RFA CEO Gavin Kelly.

Promising to be a melting pot of knowledge and collaboration, attendees can look forward to a dynamic conference agenda featuring engaging panel discussions and insightful presentations. “The conference is a highlight on our calendar,” says RFA CEO Gavin Kelly. “It offers a pivotal platform for industry to come together to share and create dialogue that propels our sector forward.”

With television presenter Jeremy Maggs anchoring the event as MC, the keynote address at the conference is traditionally delivered by the Minister of Transport – and this year the address will centre around the conference theme, “Changing the Rhythm of Trucking.” Joining the Minister is a line-up of distinguished speakers including political analyst Ongama Mtimka, logistics expert Professor Jan Havenga, and Athena Executive Director, Devon Palanee.  Additionally, RFA CEO Gavin Kelly and RFA chairman Penwell Lunga will give insights into the RFA’s vision for the year.

Adding an extra spark to the proceedings, attendees can look forward to the enlightening presence of self-proclaimed political activist Evita Bezuidenhout as she shares her unique perspectives on South Africa’s political and social realities.

In addition to the conference programme, delegates can explore an exhibition and truck display, providing interactive engagement with cutting-edge technologies, industry advancements, and innovative solutions. Golf enthusiasts are invited to bring their clubs for a round at Arabella’s esteemed golf course.

“We look forward to welcoming industry at the conference as we celebrate the backbone of our nation’s economy – the road freight sector. Without Trucks, South Africa stops. Let us convene, robustly discuss issues affecting the industry, share insights, and propel our industry forward together,” says Kelly.

Registration for the conference is now open on the RFA website. Take advantage of the opportunity. Look out for the early bird offer.

Continue Reading

Trending