| Diversity Briefs |
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| Newsletter of the South African Supplier Diversity Council |
March 2011 / Issue 1 |
In this issue:
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THE SASDC IS OPEN FOR BUSINESS
 The South African Supplier Diversity Council (SASDC - pronounced 'sasdek') is now open for business. This demonstrates a clear commitment by Corporate South Africa to supplier diversity as a core business strategy.
Following the registration of the SASDC as a Section 21 company on 10 January 2011, the Council’s Board of Directors met for the first time on Friday, 11 February 2011. Matthew Govender, Managing Director of Barloworld Siyakhula, was appointed to serve as Interim Chairman of the Board of Directors.
The 11 founding members of the SASDC are: ABSA, Barloworld, Cummins, De Beers, FirstRand, Foskor, Johnson Controls Inc., Rand Water, SASOL, Standard Bank and Unilever.
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 FORTHCOMING EVENTS
Most of the events listed below are hosted by the SASDC and its global network partners. For more information, please visit the events page on our website.
- 10 Mar: MSDUK Corporate Connections Day, London
- 17-18 Mar: Southern Florida MSDC 26th Annual Business Expo, Miami
- 17-18 Mar: MSDUK Responsible Business 2011, London
- 24 Mar: Georgia MSDC Expand Your Reach, Atlanta
- 24 Mar: AIMSC Meet the Buyer, Melbourne
- 29 Mar - 1 Apr: CCA International Partnerships Conference: Doing Business with Africa, Tenerife, Canary Islands
- 13-14 Apr: CAMSC Diversity Procurement Fair, Toronto
- 18-20 Apr: IRMSDC Business Opportunity Fair, Indianapolis
- 19-20 Apr: Rocky Mountain MSDC Opening Doors in the New Economy, Denver
- 3-6 May: Michigan MSDC Value, Sustainability and Growth, Detroit
- 4-5 May: Mid-America MSDC Energize: Revitalize. Economy Creates Opportunity, Kansas City
- 9-10 May: Dallas/Fort Worth MSDC Access 2011, Dallas
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CERTIFICATION OF BLACK SUPPLIERS
 Do you think your company has what it takes to do business with Corporate South Africa? Is your business majority-black owned and managed?
The SASDC implements a rigorous black supplier certification process that is approved by the Council’s members as a collectively endorsed methodology and standard for assessing and certifying black suppliers with whom they would be prepared to transact.
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Members of the SASDC Board at the inaugural meeting on 11 February 2011
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SUPPLIER DIVERSITY
Supplier diversity is the active business process of sourcing products and services from previously under-used suppliers.
This process helps to sustainably and progressively transform a corporation's supply chain to reflect the demographics of the society in which it operates.
In South Africa, it involves the process of integrating a growing pool of competitive black suppliers into corporate supply chains, using targeted procurement and enterprise development to achieve this.
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ABOUT THE SASDC
The South African Supplier Diversity Council is a member-directed, not-for-profit organisation that seeks to be the leading corporate council in South Africa dedicated to promoting sustainable supplier diversity value-add, through targeted procurement and black supplier development. It is the first of its kind in South Africa, and is affiliated with a global network of five supplier diversity councils.
Supported by the United States Agency for International Development (USAID), under a Strategic Partnership Agreement with the dti, the South African International Business Linkages programme (saibl) has established the SASDC as part of this partnership agreement.
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SUBSCRIPTION OPTIONS
Click on the link below to subscribe to this newsletter or follow the unsubscribe option at the bottom of this email. You can also receive regular SASDC news and event announcements by email via RSS and will find us on Facebook, Twitter and LinkedIn.
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| POLL
The new JSE BEE scheme share-trading facility allows shareholders to trade with only those compliant with the BEE listing requirements of the bourse. Will this be effective in promoting supplier diversity?
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 IN THE NEWS*
Some recent news articles on supplier diversity featured on our blog.
SASDC Presentation to the Presidential BB-BEE Advisory Committee: Matthew Govender, Interim Chairperson of SASDC, and John James Chief of Party of the South African International Business Linkages Programme (saibl), made a presentation to the Procurement, Enterprise Development, Access to Finance, and Socio-Economic Development Sub-Committee of the President's BB-BEE Advisory Committee on 24 February.
Most SMEs seeking funds fail to meet criteria (Business Report): The strict criteria used by organisations assisting small and medium enterprises (SMEs) to get funding prevented 93 percent of these businesses getting business ideas off the ground, it has emerged.
Molefe sounds drums of change (Business Report): ... “One of the things we will push for is the way we do business with our customers, clients and the people to whom we are clients,” he said in an interview. “We want to promote small black businesses in the way we procure, discuss how they are transforming.”
AEMFC is new hope for BEE mine firms (IOL): Black economic empowerment (BEE) companies that own prospecting rights can benefit from getting into business with relaunched state-owned mining company African Exploration Mining and Finance Corporation (AEMFC).
Supplier Diversity: There’s an easier way (Spend Matters): This article provides useful insight into the business advantage that supplier diversity provides ...
In the name of economic empowerment: A case for South Africa and Zimbabwe (Consultancy Africa): Economic empowerment of previously disadvantaged people can be an important tool in improving their livelihoods and reducing poverty. A successfully implemented empowerment policy can give such people the opportunity to become more economically active by providing them with skills and enterprise development. This in turn helps to create jobs and to develop sectors possibly under- or not developed.
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*Fair Use Notice
This newsletter contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We believe that this not-for-profit, educational use constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the U.S. Copyright Law.
In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.
If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.
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An initiative of saibl, supported by USAID
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Tel: +27 11 544 6000
Fax: +27 865 634 039
Website: www.sasdc.org.za
Email: info@sasdc.org.za
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