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JOINT REPORT OF THE CHIEF EXECUTIVE AND CHIEF FINANCIAL OFFICER continued
Plan for 2009 Progress made in 2010 Plan for 2011
SUPPLIER DEVELOPMENT
AND MANAGEMENT:
Ensure alignment to the DTI codes
of good practice as well as increasing
our procurement with local BEE
compliant suppliers, various benefits
being targeted includes:
Reduction in logistical costs
and administration
Reduction in lead time
More efficient invoice management
ETHICAL PROCUREMENT:
Ensure that procurement processes across
the group promote integrity and fairness
in our dealings all stakeholders
LOCALISATION:
Introduce procurement forums, solicit
involvement of senior leadership to review
the localisation
ENVIRONMENTAL PROCUREMENT:
Increase focus and engagement with
suppliers on environmental practices
and responsible social standards
Preferential Procurement reporting
alignment to the DTI codes of
Good Practice
Consolidated SI Group Preferential
Procurement score as at end of June 2010
was 18.4 out of a maximum of
20 points; the profile is as follows:
1 Qualifying Small Enterprises
and Exempted Micro Enterprises
Revised procurement policies,
procedures and general guidelines
established in line with generally
adopted corporate governance principles
Central structure revised to enable
dedicated and consistent support and
reporting on local spend
Quarterly spend profile reports
per property are now available
to senior management
Implemented use of fully biodegradable
substances in 3 & 4 star guest amenities.
Revised and currently deploying
the output printing strategy aimed
at contributing positively toward
the group’s carbon credits
8. TRANSFORMATION
Implement group supplier development
programme to create a pipeline for ED
beneficiaries within the supply chain
Implement a supplier development forum.
Increase focus on identifying and
introducing black women owned
businesses into the ED programme
Board approval of revised policies,
procedures and guidelines
Implementation across the group
Increase focus in this area and extend
the supplier development forum to
include Small and Medium Enterprises
at various business units
Implement sustainable measures
and present reports on the impact
of organisational printing and
other procurement initiatives on the
organisations’ overall green initiatives
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