A key theme of this year’s Absa Business Day Supplier Development Awards, which were announced during a recent digital event, was just how dependent we are on each other. Catherine Wijnberg, founder and CEO of Fetola, one of the hosts of this year’s awards, together with Cold Press Media and Arena Holdings, said that Covid-19 has taught us that: “When one domino starts tumbling, it’s felt all the way down the line.
This year the overall winner was Spar Group who the judges agreed stands out as a leader in supplier development. Spar Group also won the Rural and Township Development Award for their Spar Rural Hub programme which supports small scale farmers and creates markets for their products. Distell and Tiger Brands were the joint winners of the Collaboration Award. This award acknowledges companies for their strategic action to develop industry relationships and foster cross-sector collaboration.
In many cases, small businesses were more prepared for the changes emanating from the Covid crisis than larger corporates. His advice was stay lean, keen and mean and grasp the opportunities as they present themselves. According to Koenie Slabbert, acting executive manager for the Small Enterprise Development Agency , localisation is the key word when it comes to the survival of SMMEs in SA’s current economy. “All countries will be concentrating on rebuilding their own economies in the wake of the CovidSEDA has a number of programmes it is currently implementing in this regard.
Suzaane Hattingh, principal consultant for learning for performance improvement agreed that government has a critical role to play. “It’s not just about changing the system; it’s about changing the underlying assumption that you need a qualification or accreditation to find work.
Group procurement manager at Distell, Lynden Isaacs explained that supplier development has nothing to do with chasing a score, but it simply is the right thing to do. The entire value chain should form an ecosystem that aligns and creates a platform for smaller SMEs that have battled to gain access to corporates in the past. Longterm relationships and looking after suppliers is crucial for business, he said.
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Spar gets boost from Swiss businessGroup sales rose 12.4% in the 48 weeks to August 28, while sales in Switzerland surged 31.1% in rand terms
Source: BDliveSA - 🏆 12. / 63 Read more »
Spar gets boost from Swiss businessGroup sales rose 12.4% in the 48 weeks to August 28, while sales in Switzerland surged 31.1% in rand terms
Source: BDliveSA - 🏆 12. / 63 Read more »