External factors, which include high volatility, unpredictable market trends and environmental diversity, increase uncertainty in the global business environment and collectively impacts on an organisation’s product or service supply certainty. In order to deal with unexpected market demands, companies are encouraged to develop flexible relationships with multiple channel partners which helps to reduce dependence on vendors and increase buyer insight. For cost effective and consistent supply of products and services – coordination, detailed analysis, and a unified approach is required. For this reason, Genii Advisory believes automated performance monitoring information metrics tracking software is invaluable for maintaining sufficient leverage over suppliers to collect and classify data on suppliers and provide records and documentation in real time. Additionally, in the era of social media, supplier management must go beyond a spreadsheet and follow information wherever it surfaces.
Supplier Management
Skills Development
We understand that by making training and skills development available to people, be it in the form of learnerships, artisan courses, short courses, workplace training, we can help people to upskill themselves and stand a better chance of escaping poverty. Together with our technical partners, Genii Advisory services has a number of SETA-accredited skills-development courses such as business administration and new venture creation programmes which are easily integrated into your company’s enterprise-development and supplier-development programmes. In addition to the direct training programmes and learnership management, we also offer support to companies to develop the legally required Workplace Skills Plans (WSP) and the Annual Training Report (ATR) and liaison with the respective SETA’s. Together with a network of training providers and facilities, Genii Advisory is able to cater for all training and development needs from planning to SETA-accredited course delivery and technical and financial management of grant applications and stipends.
Supplier Development
Genii Advisory supplier development support methodology is aimed at strengthening the localisation of the supply chain through the improved performance of supplier firms. The supplier development improvement of requisite skills and capabilities can be multi-faceted depending on their maturity levels. As the supplier performance and development deliverables may vary, suppliers must be organised into the main quadrants, viz. non-critical, leverage, strategic and bottleneck categories and a supplier-specific collaboration framework agreed to maximise the investment of time and resources. Genii Advisory, together with industry leading partners, is able to assist clients in identifying and designing business development services, training and skills transfer opportunities, business incubation, mentorship and coaching needs and monitoring the performance against agreed business deliverables with the aid of advanced technologies.
