BEE Archives - Page 4 of 11 - Smart Procurement

The new BEE Codes are out: the days of business-as-usual are long gone

Leave a Comment / BEE, Supplier Management / Editor

Failing to understand how the revised Broad-Based Black Economic Empowerment Codes of Good Practice (BEE Codes) will affect procurement processes is a significant risk for any organisation’s strategy. On 30 June 2015 the BEE Smart Symposium, hosted by Smart Procurement World, will unpack the new BEE Codes, analyse the economic intent and review the outcomes […]

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Integrating SMMEs into the automotive aftermarket sector

Leave a Comment / BEE, Enterprise Development, Supplier Partnerships / Editor

The evolution of BEE in terms of its roadmap to progressively integrate SMMEs into the supply chains of industry is prominent with the new BEE Codes. It highlights a government that has prioritised entrepreneurship and the advancement of SMMEs as the catalyst to achieve economic growth and development. “It is a positive step, because

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Using data analysis to facilitate achieving the DTI 2013 BEE Codes

Leave a Comment / BEE, Benchmarking, Spend Analysis / Editor

The 2013 Department of Trade and Industry (DTI) Codes are complex and meeting them will be challenging. For management to make informed decisions and measure progress in achieving transformational goals at business-unit level there must be one version of the truth that is accurate and up-to-date. The New Codes have raised the broad-based black

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BEE Procurement – the new landscape

Leave a Comment / BEE, Commentary / Editor

BEE is changing. It’s less a box-ticking exercise and much more a strategy focussed on sustainability and real change. Under the New Codes of Good practice SA should experience truly broad-based black economic empowerment, writes Jenni Lawrence of Grant Thornton Verification Services in this month’s SmartProcurement. Since the Broad-Based Black Economic Empowerment (B-BBEE) Act

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Supplier Development: New B-BBEE Codes forcing us to think outside the box

Leave a Comment / BEE, Education, Supplier Management / Editor

The new supplier development (SD) rules bring about changes to what was the norm for many years. While it was easy for companies to finance smaller businesses to earn points on their BEE scorecard without taking real responsibility for developing the supplier, the New Codes force companies to think outside the box and contribute

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State enterprises obliged to procure local content, reminds Davies

Leave a Comment / BEE, Preferential Procurement, Public Sector Procurement / Editor

The procurement of goods that conform to local content requirements is not a recommendation for State entities, but a legal requirement, said Trade and Industry Minister Dr Rob Davies. All organs of State are obliged to procure goods on the designated list and that conform to local content requirements, he said during a Portfolio

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Effective SCM skills needed to improve service delivery quality

Leave a Comment / BEE, Commentary, Preferential Procurement, Procurement Strategy, Public Sector Procurement, Supplier Partnerships, Supply Chain Management SCM / Editor

To significantly change South Africa’s service delivery issues, it is imperative that government implements an effective supply chain management strategy, supported by the appropriate skills. However, South Africa is hampered by a dire shortage of executive-level supply chain management and procurement professionals, says Professor Douglas Boateng of the Unisa Graduate School of Business Leadership

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BEE prepared and it will benefit all

Leave a Comment / BEE, Commentary, Enterprise Development, Preferential Procurement, Supply Chain Management SCM, Top Stories / Editor

It is not about the numbers. For many South African companies, Broad-Based Economic Empowerment (B-BBEE) up until now may have been about tallying numbers on a scorecard to achieve compliance. However this will no longer be enough, and amendments to the B-BBEE measurement codes published on 11 October 2013 by the Department of Trade

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Latest Research: Where does SA procurement face it biggest challenges?

Leave a Comment / BEE, Commentary, Compliance / Legal, Preferential Procurement, Procurement Strategy, Supply Chain Management SCM, Top Stories / Editor

BEE procurement, specifically implementing the New Codes, is considered the biggest challenge that South African procurement professionals currently face, said 481 respondents to a SmartProcurement survey. The concern around The Codes is unsurprising, considering many organisations believe they stand to lose a BEE level or two. Concerns around the BEE Codes will be extensively

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The right business structure will unlock BEE supply prospects

Leave a Comment / BEE, Preferential Procurement, Top Stories / Editor

An understanding of what drives the procurement decision can be the advantage that wins that next tender or that next customer. Traditionally the main drivers of any procurement decision are price, quality and service, but with the importance placed on BEE compliance, the fourth driver of procurement decisions is a supplier’s BEE status. The

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