However, effective Supplier Development can be very administratively demanding, especially if you have a complex supplier network. You have to identify appropriate suppliers that meet your industry needs in the right area. And then you need to verify their B-BBEE certificates (or the relevant affidavit in the case of Exempted Micro Enterprises).
That often goes something like this: someone in your finance department has to identify and then contact the relevant person in the supplier’s office. They then need to source a valid B-BBEE certificate or applicable affidavit (often resulting in considerable delays) which are then eventually emailed back and manually processed by your team.
It’s a slow, cumbersome and error-prone process. Often, it’s very frustrating. And when you are managing multiple suppliers, the whole thing becomes exponentially more complicated.
But what if there were an easier way?
The BEE123 Suppliers Directory provides an elegant, simple way to find B-BBEE certified businesses in the appropriate industries and locations.
The directory is an invaluable source of potential suppliers, some of which – like small, up-and-coming businesses – are invariably under the radar.
The directory also makes the process of sourcing certificates incredibly easy. Once you’ve found a suitable supplier, you can access their certificate at a click. Similarly, if your existing suppliers are listed in the directory, acquiring their B-BBEE certificate becomes easier than ever.
Importantly, the directory isn’t simply a static list. It’s a searchable archive that allows you to find suppliers according to BEE classification, BEE status level and detailed criteria such as businesses that are at least 30% Black Female Owned. Using the directory’s dynamic search criteria, it’s easy to make precise interventions in your supplier network.
Of course, an advanced searchable database of suppliers only really helps if you know what you’re looking for.
That’s where BEE123 B-BBEE compliance software is so valuable. The software makes managing your B-BBEE Scorecard simple and intuitive. That includes procurement. Using the software, you can determine precisely how procurement decisions will affect your scorecard – and what interventions will best enhance your score.
BEE123 is renowned for providing high-level guidance to our clients, supported by industry-leading B-BBBEE compliance technology.
However, our advisory support doesn’t stop at complex regulatory issues and strategic questions. Our team is on hand to help with the practical work of reaching your B-BBEE goals. As required, we will source the B-BBEE certificates and other supporting material you need. Effectively outsourcing some of the most administratively-demanding aspects of managing B-BBEE to our compliance specialists.
Get in touch with BEE123 for the guidance and full service support you need to reach your most ambitious B-BBBEE goals.
