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Preferential Procurement


Several important new questions and implications, which will drive purchasing strategy, have arisen for the procurement fraternity regarding the Gazetted BBBEE Codes of Good Practice.

During this short one-day session you will learn tools and get tips that can bank your organisation money and your staff and you time:

  • Hear from leading legal, procurement and corporate governance experts regarding the South African BBBEE Scorecard and its implications for the procurement function.
  • Understand in more detail how the various parts of the scorecard are calculated, especially from a procurement perspective.
  • Hear how to develop a strategy for meeting the procurement targets on the scorecard.
  • Understand which areas you can exclude from your procurement expenditure.
  • Find areas of the expenditure where quick transformation can be achieved.
  • How to earn extra points from selected suppliers.
  • Know how Small and Medium Enterprises will be rated differently to larger organisations.
  • Obtain clarity on the role of rating agencies and which agencies you can use. Should you still rate suppliers yourself?
  • BBBEE Scorecard vs. the Industry Charters - know which will prevail.
  • Be able to calculate equity points based on the revised flow through principle.
  • Be clear on when "narrow based" empowerment criteria are to be replaced with "broad based" criteria.
  • Understand the role of rating agencies and what their own BBBEE criteria should be like.
  • Find out how procurement should measure itself based on the new scorecard.
  • Discuss how to deal with existing supplier relationships.

Course outcomes will include an understanding of:

  • How Small and Medium Enterprises will be scored differently to larger organisations from a procurement perspective
  • How the various parts of the scorecard are calculated in more detail
  • BBBEE Scorecard vs the Industry Charters - know which will prevail
  • When "narrow based" empowerment criteria are to be replaced with "broad based" criteria
  • How procurement should measure itself based on the new scorecard
  • How your procurement area will be verified by a verification agency
  • How to segment your procurement spend to develop strategies for obtaining Preferential Procurement points
  • Quick strategies for getting points on the table. Areas of spend most likely to produce points in the short term
  • How to deal with large/sole suppliers regarding BEE
 
ENQUIRIES ABOUT EQUITY PRO AND OUR CONSULTING SERVICES
E-mail Mathe Peete or phone Mathe on (011) 726-3040

 

 

© EQUITY PRO 2011 |    Last updated on : Friday, 27 November, 2015 14:18