Detail for AMENDED FSC SERIES FS400

  1. 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

 

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