Enterprise Development Archives - Page 10 of 19

Why are small suppliers not being paid? Tips to keep their businesses intact

Leave a Comment / Enterprise Development, Supplier Partnerships / Editor

South African businesses were not immune to the global financial crisis. The slow economic growth of 2013/2014 is predicted to continue into 2015 and beyond. Real disposable income of South African consumers is declining, partly owed to their high levels of indebtedness and the banking sector’s stricter lending practices, says the Industrial Development Corporation. […]

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Procurement a major catalyst of Job creation

Leave a Comment / Enterprise Development, Procurement Strategy, Risk Management / Editor

Small Business Development Minister Lindiwe Zulu is confident that procurement will be a major a catalyst for job creation in South Africa. Addressing delegates at the Smart Procurement World Conference in the Western Cape last week, the minister acknowledged that small and medium enterprises (SMEs) face daily challenges and repeated the call to big

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Pod Cast – Too much focus on buying local may hinder Africa’s growth

Leave a Comment / Enterprise Development, Procurement Strategy, Smart Sourcing, Supply Chain Management SCM / Editor

Buying local may have unintended consequences to Pan African trade, said Prof Douglas Boateng at a round table sponsored by consultants KPMG and professional body CIPS. “Buying local is a good policy. But if South Africa has ‘Buy SA’ and Kenya has ‘Buy Kenya’ and Ghana has ‘Buy Ghana’, then who is going to

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The functionality of mobile ERP systems prepares enterprises for supplier development

Leave a Comment / Enterprise Development, Supplier Management, Technology / Editor

The increased productivity, flexibility and information sharing that a mobile Enterprise Resource Planning (ERP) system can provide would help small enterprises prepare to receive supplier development, says Don Pitsoe, Business Mentor at The Hope Factory, in this month’s SmartProcurement. Being an entrepreneur is challenging at times: managing everything on your own while keeping track

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Tips for supply-ready SME businesses

Leave a Comment / Enterprise Development, Supplier Directories / Editor

For entrepreneurs who are running a small business that is ready to become a supplier to big corporates, in this month’s SmartProcurement, Tursuis Ruiters, Financial Mentor at The Hope Factory, offers useful tips that procurement professionals might want to share with ED suppliers to prepare them to be “Supply Ready”. Corporates are looking for

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Help your suppliers build a better business strategy

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

To maximise your supplier’s potential growth, they must have a plan. In fact, more than a plan – they must have a strategy that will give them the best options for growth and success. In this month’s SmartProcurement, Shawn Theunissen, head of CSR at Growthpoint Properties and the founder of Property Point, suggests some

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Practical suggestions for complying with the new Enterprise & Supplier Development (ESD) scorecard

Leave a Comment / Enterprise Development, Preferential Procurement, Procurement Strategy / Editor

Finding that most organisations they engage with have been unable to drive meaningful compliance on the new Enterprise & Supplier Development (ESD) scorecard, Bruce Rowe and Seth Randall of Mpowered Business Solutions (MBS) give some practical suggestions in this month’s SmartProcurement. The new ESD scorecard requires renewed thinking from Supply Chain and Procurement professionals.

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SMMEs build links with their peers, but seek relationships with corporates

Leave a Comment / Enterprise Development / Editor

When it comes to integration into corporate supply chains, most suppliers are unhappy with the current state of play in South Africa. While most entrepreneurs dream of securing corporate clients and establishing mutually beneficial and fruitful long-term supply relationships, only a handful of suppliers polled by Enterprise and Supplier Development organisation The Hope Factory,

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SA supplier incubator receives mentors from Johnson & Johnson

Leave a Comment / Enterprise Development, Supplier Management / Editor

Shanduka Black Umbrellas (SBU) has officially launched the Johnson & Johnson LOLONGA Mentoring Programme in Cape Town. The programme is a pilot of the LOLONGA initiative started between the two entities in November 2013; Johnson & Johnson encouraged its employees around the world to become mentors and provide online assistance and support to businesses

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Absa SME Index notes decreased number of women-run suppliers in SA

Leave a Comment / Enterprise Development, SRM Supplier Relationship Management / Editor

Women employers have declined by 14.2% since the start of 2008, with the majority of the decline taking place during the last quarter of the recession (Q3 2009). Women employers seem to have been far more at risk than men in a recessionary environment and have closed more businesses, Absa’s SME Index indicates. Although

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