Optimal Africa is well positioned and experienced at supporting corporate businesses in building thriving local economies within the communities where they operate, both in developing Enterprises [ED] and Supplier Development [SD] – the core processes that constitute ESD within the B-BBEE Act and the Codes of Good Practice.
Enabling a strategic and sound corporate commercial supply chain development decision —through the provision of capacity building programmes for SMEs focusing on access to markets, business and technical skills development and other necessary support for inclusion into corporate supply chain. A sound commercial decision with mutual benefits.
Once engaged provide 360 degree capacity building of the SME including Coaching and Mentorship and specialist support of the SME to deliver.
Procurement of goods or services by the Corporate business from participating SMEs that provides sustainable revenue streams for the SME and a reliable supply of goods and services to the corporate business.
Understanding the client organisation business model and B-BBEE Strategy and how a potential Beneficiary business aligns with it.
Identifying and vetting beneficiaries
Conduct due diligence on identified Beneficiaries, taking into consideration: Statutory compliance; Business management; Operational management; Financial management; Human resources; and Marketing. Conducting a detailed GAP analysis.
Based on the individual needs of organisation and beneficiaries, develop a workable growth strategy including an accelerated timeline and budget.
Engage with all parties to outline roles, expectations, responsibility and accountability; and facilitate contracting.
Manage, oversee and troubleshoot the implementation of the process. Continual monitoring and reporting on implementation progress
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