The client sought to increase the capability, capacity, and sustainability of supplier enterprises as part of its commitment to the development of the South African economy and, to enable:
- Improved service delivery from vendors
- Increased market access for enterprises, ensuring their sustainability
- Business sustainability
Enterprise Room was responsible for the design and implementation of the client’s enterprise development strategy, as well as the conceptualisation and implementation of the supplier development programme for 10 suppliers. This also required:
- Alignment with requirements of the Financial Services Board and Codes of Good Practice.
- Meeting the challenges of FSC procurement targets and reaching Enterprise Development targets due to non-recoverable spend requirement.
- Providing strong and enduring suppliers who met the requirements of black ownership, black women ownership, and size categories.
- A programme that enabled businesses to meet predefined supplier requirements and enabled suppliers to access the supply chain
The 12-month programme included conducting a business diagnostic on each business, individual development plans and mentorship. In addition, we designed various measurement tools to demonstrate impact.
The programme benefitted the client’s BBBEE scorecard and fulfilled the broader objective of building and further enhancing the capacity of black owned and black women owned small enterprises, assisting them achieve operational and financial independence. Overall, the programme enabled several businesses to grow and mature.