& SUPPLIER DEVELOPEMNT
South African Government have clearly indicated that their strategy for job creation will rely heavily on creating industrialists and fostering small business growth. This is also evident from the shift in emphasis on the Enterprise and Supplier Development element, which now represents up to 44 points on the overall scorecard.
ESD is about creating better opportunities to work with majority Black owned SMMEs. It starts with Enterprise Development, which awards points for contributing to the development, sustainability, and financial and operational independence of majority Black owned EMEs and QSEs. Business is encouraged to align their Enterprise Development initiatives with their supply chain requirements through Supplier Development, which awards points for contributing to Black owned suppliers. The progression is punctuated with bonus points for graduating an Enterprise Development beneficiary to a Supplier Development beneficiary and creating jobs in the process.
Standard Development Initiatives
Maximize rands per point recognition
Guaranteed full points
Guaranteed graduation bonus points in 2nd year of initiative
Guaranteed job creation points
Medium term supply chain integration
Portfolio of beneficiaries to choose from
Pre-verified candidates with up to date supporting documents
Internal program establishment and management
Feasibility studies and idea analysis
Customized market studies and research
Medium and long term supply chain maximization
Vertical integration strategies
We have partnered with various stakeholders in the Socio-Economic and Skills Development space who specialize in the implementation of initiatives aligned to those pillars.
ENTERPRISE & SUPPLIER
Oko Vusa provides corporates with potential B-BBEE candidates for Enterprise and Supplier Development. Using the Oko Vusa Shift Blue Print Methodology, we build a customised development program around the SMME in order to create growth opportunities.
This vechile is for corporate clients who want surety and a return. Using the Oko Vusa Virtue Business Model we created a number of business that clients can invest in by using their ESD funds.
This solution is designed for clients how would like to develop existing
B-BBEE providers. Using our Oko Vusa's Shift Blue Print Methodology we work with the SMME to maximise growth while providing value to clients supply chain.