Supplier development builds future strategic advantage
Big corporates can help change the current economic trajectory by growing small businesses
SA is one of the most unequal societies in the world characterised by high levels of unemployment. A slow growth economy is putting increased pressure on small businesses to create jobs. Despite growing spend on enterprise and supplier development, three out of four small businesses fail and only 10% will be around for more than a decade.
It is within this environment that supplier development has taken centre stage to create real opportunities for small, black-owned businesses to enter the market. ..
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