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Enterprise Development

8 tips for entrepreneurial suppliers approaching procurement departments

Leave a Comment / Enterprise Development, Procurement Strategy /

  Entrepreneurial suppliers need to do their homework when it comes to approaching procurement departments – they are the ‘gatekeepers’ to the prospects smaller companies seek. In this issue of SmartProcurement Shawn Theunissen of enterprise development organisation Property Point has put together a list of tips that procurement organisations can share with their suppliers. It’s […]

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Case study: an SMME’s schooling in procurement’s importance

Leave a Comment / Enterprise Development, Supplier Partnerships /

  “Seven months ago, ‘procurement’ was just a word – now it’s more important to me than ever,” admits Itumeleng Phake – Tumi – the owner of start-up business, the Zenzele Fitness Group, in this month’s SmartProcurement. Explaining his newfound appreciation for tapping into the right supplier networks and the importance of Zenzele’s positioning in

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5 Dimensions of innovative supplier development partnerships

Leave a Comment / Enterprise Development, Supplier Partnerships /

  With significant changes to B-BBEE legislation fast approaching, there are simply not enough small, black-owned suppliers that can perform to corporate standards. This scarcity is a headache for procurement professionals looking to achieve under increasingly stringent enterprise development (ED) and supplier development (SD) categories without compromising service levels. Considering that there is world-class talent

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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 /

  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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Declining SMME index indicates narrowing entrepreneurial supply base

Leave a Comment / Change, Commentary, Enterprise Development, Low Cost Sourcing, Service Outsourcing, Top Stories /

  The Absa SMME index declined during Q1 2014, with a total quarterly decrease of 2.2% and a yearly decrease of 3.8%. The index declined to a two-year low in Q4 2013 (from 95.6 to 93.4). Although South Africa has not yet entered a recession, the overall index clearly reflects slower growth over the last

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People fail, not suppliers…

Leave a Comment / Enterprise Development, Professional Development, Risk Management, Supplier Partnerships, Supply Chain Management SCM, Top Stories /

  Being an entrepreneurial supplier is exhilarating, but at times challenging. In fact, supply relationship managers involved in enterprise development may have sleepless nights wondering if their small or self-employed suppliers may be considering throwing in the towel because their businesses are not working. Don Pitsoe, Business Mentor at The Hope Factory offers 10 words

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Procurement SA + Ed incubators = entrepreneurs accessing industry

Leave a Comment / Commentary, Enterprise Development, Supplier Partnerships, Top Stories /

  Outside of their own organisations’ enterprise development initiatives, procurement departments across SA can offer numerous avenues for incubated entrepreneurs to access the country’s industry through agreements with various incubators. An incubation model cannot stop once an entrepreneur’s skills gaps have been ‘treated’ – the model must give entrepreneurs a means of accessing industry at

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NEXT WEEK: Huge BEE supplier EXPO development held in Midrand

Leave a Comment / Commentary, Enterprise Development, Sourcing Strategy /

  The revised BEE Codes place greater emphasis on enterprise and supplier development, making it important for organisation to develop relationships with up-and-coming suppliers and identify suppliers seeking corporate mentors. Next week, September 9 & 10, you have a chance to meet the right suppliers in one place. Over 400 verified, black-owned businesses are showcasing

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Bulk procurement allows SMEs to add value in their sectors

Leave a Comment / Enterprise Development, Supplier Partnerships /

  A substantial prospect exists within the South African small to medium-sized enterprise (SME) market to create buying organisations for specific industries that would make it possible for SMEs to obtain cost-of-sale inputs at bulk rates and to use the marketing resources of an established ‘wholesaler’, Sean Krige of ED organisation The Hope Factory tells

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Why ‘green building’ is vital to your supply chain

Leave a Comment / Enterprise Development, Supplier Partnerships, Sustainable Procurement, Top Stories /

  As the world embraces ‘green’ initiatives, products and services, South Africa is implementing renewable energy, green building practises and environmental regulation to lessen the impact on our environment and precious resources. This opens doors for suppliers to turn their operations “green” and provide services that comply with current standards and that enhance corporate responsibility,

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