Supplier Developement
Supplier Development in South Africa has become the single biggest item on the BBBEE scorecard and provides corporates with an opportunity to reclaim 3% of their net-profit after tax.
This should not be seen as a burden on corporates, but rather as an opportunity to strategically develop their supply chain.
connexion.zone with its partner network provide a platform for large corporations to deal with their procurement needs and to mobilise corporate support for strategic supplier development and linkages to facilitate access to procurement & international markets.
connexion.zone can help corporates optimise and consolidate their procurement spend to improve the company’s bottom line by:
- consolidation of spend items within a specific spend category
- negotiation of better deals/pricing
- leveraging to optimise volumes
connexion.zone offers:
- strategic supply base development through strengthening the supply base with transaction-ready, diverse suppliers, that have had a thorough due diligence and audits done.
- Supply Development & Capacity Building by developing an SD plan, selection process for participation, company diagnositics, Training & development, specific demand-driven interventions and monitoring & evaluation of process.
- Supplier Diversity by prepare the organisation to implement a Supplier Diversity Model
About
Enterprise Development Interventions and a Supply chains success depends on identifying and building Solid and Superior Performers. Historically there has been an inadequate focus on selecting Sound Companies within Enterprise Development programmes which has resulted in a large variety of companies entering ED programmes of organisations. Poor companies (ones that require too many interventions or are not suited to a CD) have been presented to corporates and ED interventions for either ED support or a Company Diagnostic. This poor selection has caused us to assist corporates and ED programmes in helping them in identifying Sound Companies for either their supply chains or ED programmes.
This programme is designed to support organisations quickly and effectively identify businesses that are most likely, given the right assistance, to succeed.
The programme quickly screen out poor businesses. Improving the quality of the companies in ED / company databases which will ensure such companies invest in businesses that are sustainable and capable of being incorporated into a company’s supply chain.
Outcomes
In order to achieve the goals of a successful ED programme selecting businesses which is able to grow and succeed. Selecting good businesses will ensure a high return on the investment ED makes, freeing up time and money to help more businesses. It is essential to the long-term viability of ED that we present solid performing companies into corporate supply chains; we will only be able to do this if we can quickly select potential solid performers - and of course assist them to become capable and competitive – and screen out the rest.
Presenting sound companies to ED programmes will improve their track record, and reduce the cost associated with providing effective support to the companies. This pre-screening has been introduced to reduce the time spent on doing in-depth analyses on poor companies, thereby reducing the overall cost of selecting good companies. It will equip you with the skills required to spot Sound Companies, increasing the overall success of ED programmes.
Pick a sound company
The PSC centres around a two hour company assessment. The purpose of this assessment is to screen out poor companies and propose further investigation into companies that are likely to be Solid or Superior Performers. Companies that are not yet Solid Performers but are likely to become so will be presented to ED programme for assistance, and Solid Performers will be linked into corporate supply chains.
The application of specific criteria that defines a company as Sound, outlining the requirements for a company to progress to the second phase of evaluation. These criteria are broken down into four categories; the company needs to be compliant, have a stable financial position be established and suitable. This module will highlight the key indicators within both the hard and soft elements of a business equipping you to quickly and accurately distinguish between different types of companies.
We apply suitability criteria including potential for linkage to corporations, growth in sales and employment potential. The owners must provide documents to verify ownership, financial status, legal status, and management.
Spend Management
Access to markets, business opportunities and corporations are crucial for SMME’s to survive and to be sustainable. The Business Associate is an agency of the South African Supplier Diversity Council (SASDC). The SASDC is a corporate led movement for sustainable, mutually-beneficial linkages between large corporations and competitive black enterprises. It is the first of its kind in South Africa, and is affiliated with a global network office supplier diversity councils.The goal of the SASDC is to facilitate business to business linkages between its corporate members and bona-fide Black Owned Business Enterprises geared towards becoming long-term, qualified entities capable of competing in the national and international economic mainstream. The SASDC is for business owners who are serious about growing a sustainable business and increasing their supply to corporates in South Africa.The SASDC implements a rigorous black supplier certification process and maintains a database that is approved by the Council’s members as a collectively endorsed methodology and standard for assessing and certifying black suppliers with whom they would be prepared to transact. Applicant businesses that are successfully certified are loaded onto the SASDC Black Supplier Information System database.
Find in Directory
Find in Events
Find in Marketplace
