The Hope Factory Supplier Development Services
exist to improve and increase the supplier
capacity of exempt micro (<R10 million t/o) Black owned suppliers within your supply chain. This is
in line with the enhanced approach, as outlined in the newly revised B-BBEE Codes of Good
Practice, that Enterprise Development now constitutes a smaller emphasis (weighting), in favour of
recipients of such investments now being
suppliers to your business
. This gives you the investor,
one or both of the following options:
Ÿ
To invest in existing black suppliers within your company supply chain
Ÿ
To introduce new black suppliers into your company supply chain
In order to implement either of the above two options, most corporate companies will require
expert assistance. So then, what exactly does this involve?
Ÿ
Firstly
, at the heart of Supplier Development is increasing the supplier capacity of existing and
new Black owned suppliers in order to more effectively meet your business' procurement needs.
This requires that you align the requirements of Supplier Development to your existing supply
chain requirements and strategy, or alternatively develop and implement an aligned supply chain
management strategy.
Ÿ
Secondly
, an investment in and management of a structured process or programme, designed to
achieve your supply chain management requirements, which is documented and can be veried
against Supplier Development objectives.
SUPPLIER DEVELOPMENT
- Investment Beyond the Invoice
