Successfully scaling and integrating SMEs into the commercial supply chain requires careful coordination.
This service entails:
- Programme set-up and initiation
- Programme management and execution
- Programme monitoring, reporting and evaluation
ACTIVITIES ARE PLANNED, PRIORITISED AND PHASED IN A WAY THAT BEST MANAGES BOTH CLIENTS AND SMES THROUGH THE TRANSITION:
- Initiation and scoping: Ensures that the overall programme strategy, objectives, measurement and metrics align to the broader competitive context and strategic goals.
- Assessment and selection: Aims to identify, assess and select high-growth potential SMEs for development. Due diligence ensures that only the highest calibre SMEs are selected.
- SME Growth Support: Our leading practice BDS approach unlocks value and growth in selected SMEs. Qualified BDS specialists provide hands on guidance and support in overcoming growth constraints and achieve growth targets.
- Measurement and evaluation: Aims to assess the overall performance of the programme as well as the net growth of each SME.
BENEFITS IN BRIEF FOR THE SME
- enhanced due dilligence and pre-investment business development support
- direct access to post-investment/ follow-on funding (incl. protection)
- tailored growth strategy and growth implementation plan
- business is procurement-ready and meets requirements at point of integration
- industry networks and customer portfolio facilitate access to market
BENEFITS IN BRIEF FOR THE CORPORATE
- Strategic focus and value chain alignment
- Seamless cross-functional communication, collaboration, continuation (procurement versus transformation)
- Transformation/ ED
- growth of high-potential enterprises and suppliers
- increased share of active black- and black female-owned SME product and service providers
- greater supplier diversity and fewer monopolies
- effect broader industy impact and transformation
- demonstrate corporate societal leadership and alignment to government priorities
- Resource optimisations and clear and total accountability
- Cost and timing efficiencies
- Increased customer base
- Enhanced profit growth and sustainability
- Brand value and reputation with customers, industry and shareholders
- Procurement/ Supply Chain
- procurement-ready suppliers are available
- new, sustainable suppliers are more efficiently integrated into the supply chain
- improved effectiveness of the value chain (upstream and downstream)
Source: http://www.edgegrowth.com/
Edge Growth (Owner)
