The winners of the third annual Absa Business Day Supplier Development Awards were announced during an online awards event on 9 September 2020.
The Awards – presented in partnership with Absa, as well as Fetola, Cold Press Media, and Arena Events – showcase supplier development best practice, and are essential for celebrating the efforts of large South African companies who have committed themselves to building inclusive and transformed supply chains that thrive.
Catherine Wijnberg, CEO of Fetola and co-founder of the Awards says: “Over the last three years we have been delighted by the support and overwhelming response to the Absa Business Day Supplier Development Awards. It shows us that Supplier Development is being taken seriously by an increasing number of large companies who are passionate about not just doing it, but doing it right. This is good for South Africa.”
The winner of the Newcomer Award, sponsored by Absa, is the V&A Waterfront for its Joy from Africa to the World programme. With more than 250 SMME tenants and about 300 SMME suppliers, the V&A Waterfront places considerable emphasis on supplier development, as evidenced in 2019 when they partnered with 140 artisans and smaller suppliers – at every level of the supply chain – to reimagine their festive season décor. The category runner-up is Goodyear.
The Local Manufacturing Award also went to the V&A Waterfront for its commitment towards building a socially inclusive business that invests in local communities, while leveraging its own assets and resources to create new opportunities for the economically excluded. The V&A Waterfront’s investment of R336 million in small suppliers represents 38 percent of their total procurement spend and opens up local and international markets for small South African manufacturers. The category runner up is Tiger Brands.
The Youth Development Award went to Distell for the group’s Green Up Recycling and Bansela Taverner programmes which provided 320 job opportunities to mostly youths. The award acknowledges companies who have exceptional results in supporting youth suppliers. The category runner-up is Tiger Brands.
With 30 percent of their total procurement spend going to SMME’s – of which 39 percent was channelled to support Black women suppliers – Empact Group was recognised as the winner of the Black Women Development Award sponsored by Cold Press Media. The category runner-up is the V&A Waterfront.
The Rural and Township Development Award acknowledges companies who have exceptional results in supporting rural and township-based suppliers. SPAR Group Ltd won the award for their SPAR Rural Hub programme in which markets have been created to support small scale farmers in the production and sale of their vegetable products. The category runner-up is Distell.
The Skills of the Future (4IR) Award sponsored by SoluGrowth was awarded to Unilever South Africa for their Isazi Farming Technology project that is providing technological solutions in the agriculture sector through the use of artificial intelligence and machine learning. The category runner-up is Distell.
The Collaboration Award sponsored by Fetola acknowledges companies for their strategic action to develop industry relationships and foster cross-sector collaboration for the benefit of the wider ecosystem. This year’s joint winners are Distell and Tiger Brands.
For their promotion of small suppliers in an entrepreneurial ecosystem, as well as their deliberate strategy to support their long-term success, SAB was awarded with the Small Supplier Development Award sponsored by SEDA. The category runner-up is Goodyear.
The Impact Award sponsored by Business Day acknowledges a company whose supplier development initiatives have substantially impacted the value chain. This year’s winner is Tiger Brands, with Distell being named runner-up.
The Overall Winner award, sponsored by Absa, is a discretionary award for the company that stands out as the leader in supplier development in South Africa, and will serve as an ambassador for the Awards in 2020. With their purpose-driven strategy to address challenges such as food security, nutrition, job creation and transformation, this year’s winner is SPAR Group Ltd. Distell was named as the runner-up.
Results were reviewed by BDO South Africa.
The Absa Business Day Supplier Development Awards publication shares more about what gives the winning supplier development programmes their edge. It includes a summary benchmark report on Supplier Development in South Africa, with insights and thought leadership from key industry players.
For more information: www.sdawards.co.za Follow on Facebook and Twitter: @BDSupplierDev