AMENDED FSC SERIES FS400
Detail for AMENDED FSC SERIES FS400
- PROCUREMENT ENTERPRISE AND SUPPLIER DEVELOPMENT SCORECARD
The following table represents the criteria for deriving a score for Procurement Enterprise and Supplier Development in this statement
|
Description |
Others |
Banks and Life officers |
Targets year 1-3 |
Targets year 3+ |
|
Weightings |
Targets |
|||
2.1 |
Procurement |
20 |
15 |
|
|
2.1.1 |
B-BBEE Procurement Spend from all Empowering Suppliers based on the B-BBEE procurement recognition levels as a percentage of total measured procurement spend |
5 |
4 |
75% |
80% |
2.1.2 |
B-BBEE procurement spend from empowering suppliers who are QSEs based on the applicable B-BBEE procurement recognition levels as a percentage of total measured procurement spend |
3 |
2 |
14% |
18% |
2.1.3 |
B-BBEE procurement spend from empowering suppliers who are EMEs based on the applicable B-BBEE procurement recognition levels as a percentage of total measured procurement spend |
2 |
2 |
8% |
12% |
2.1.4 |
B-BBEE procurement spend from empowering suppliers that are at least 51% black owned based on the applicable B-BBEE procurement recognition levels as a percentage of total measured procurement spend |
7 |
5 |
20% |
30% |
2.1.5 |
B-BBEE procurement spend from empowering suppliers that are at least 30% black women owned based on the applicable B- BBEE procurement recognition levels as a percentage of total measured procurement spend |
3 |
2 |
9% |
10% |
2.2 |
Supplier Development |
10 |
0 |
|
62
2.2.1 |
Annual value of all supplier development contributions made by the measured entity |
10 |
0 |
2% of NPAT |
|
2.3 |
Enterprise and Supplier Development |
5 |
0 |
|
|
2.3.1 |
Annual value of enterprise development contributions and sector specific programmes made by the measured entity |
5 |
0 |
1% of NPAT |
|
|
Total |
35 |
15 |
|
|
2.4 |
Bonus Points |
||||
2.4.1 |
Graduation of one or more enterprise development beneficiaries to graduate to the supplier development level. |
1 |
0 |
1 |
|
2.4.2 |
For creating one or more jobs directly as a result of supplier development and enterprise development initiatives by the measured entity. |
1 |
0 |
1 |
|
2.4.3 (a) |
B-BBEE procurement spend from intermediated black professional service providers who are empowering suppliers based on the B-BBEE procurement recognition levels as a percentage of intermediated spend |
2 |
2 |
5% |
|
Or |
|||||
2.4.3 (b) |
B-BBEE procurement spend from black stockbrokers or black fund managers who are empowering suppliers based on the B- BBEE procurement recognition levels as a percentage of total value of all trade allocated |
2 |
2 |
5% |
|
2.4.4 |
B-BBEE procurement spend from designated group suppliers that are at least 51% black owned as a percentage of the total measured spend |
2 |
2 |
2% |
|
2.4.5 |
Enterprise development support of black stockbrokers, black fund managers or intermediaries |
2 |
0 |
0.5% of NPAT (recoverable or non- recoverable) |
|
|
Total bonus points |
8 |
4 |
|