Sasol Report to Society 2020 - Book - Page 49
Focus areas to enable economic inclusion for small, medium
and micro enterprises (SMMEs)
There are a number of key focus areas which we have considered internally to ensure that we give adequate support to SMMEs
in order to align with the principles of our economic transformation programme.
Enterprise and supplier development (ESD) has
been included in the supply chain procurement process across
all spend categories including once-off spend. This process is
now confirmed with the approval of sourcing plans which
include ESD in its totality.
We have transformed Sasol's supply chain to include the
maximum number of sustainable SMMEs in current
and future procurement spend.
An economic identifier has been implemented in our
SAP system which will enable the dedicated use of
transformed businesses as a preference in the procurement
of goods and services in South Africa.
technical accreditation handbook has been
developed to enable SMME suppliers to successfully prepare
and participate in the accreditation processes.
Supplier access is enhanced through broader ecosystem engagement facilitated through participation in
various industry events and exhibitions enabling an
opportunity visibility platform for engagement and
collaboration.
Preferential contractual terms have been introduced.
A
Our economic transformation and local content approach:
SUPPORT
INCLUDE
Develop smaller
enterprises
Find, connect and develop
new small suppliers
Drive empowerment
within the supplier base
Include SMMEs into supply
chain and grow
Scale and transformation
Spend with
transformed
suppliers
Connect
Create
awareness
Industrialise
new suppliers
Transact
Develop
Preferential
contract
terms
TRANSFORM
Embrace smaller
enterprises
Shared
infrastructures
Business
support
Market
access
Capability
building
Scale
Funding
Transform
existing
suppliers
Product/
service
delivery
The operationalisation of the programme entails looking at opportunities and risks to ensure that value is extracted while risks are
mitigated for the benefit of Sasol and the SMMEs.
Opportunities
include partnerships and introduction of SMMEs to new opportunities and giving them access to our core
business’ value chain. One of the opportunities which has been realised for our operations is through the five-year Local Content
Plan in Mozambique which will enable the localisation of supply chain through local content plans.
The Sasol SHE risk based approach will be utilised to assist Sasol in determining the actual SHE risk of the supplier and therefore
accredit the supplier appropriately. In turn, it will also assist the SMMEs to understand the impact of the risks on the transactions
and find ways to mitigate them in order to ensure adherence and improve their systems.
Sasol in society: 2020 report
47
