suppliers were evaluated. The first was the BEE scorecards, which included both supplier and equity-ownership issues. The second issue, however, revolved around how many local components were put into a product or service. The higher the number of the local components, the better the supplier and product would score.
Phitidis concluded the session by saying: “This session clearly shows that there are opportunities for entrepreneurs to get into the corporate supply chain but what is important is for entrepreneurs to understand that people do business with people and if they are serious about getting into these supply chains, they need to understand how they work and build the appropriate relationships.”
We are entering an era when small businesses and corporates can work hand in hand and this is a critical trend to develop.