Supplier relations

procurement analysis

Procurement analysis
Procurement in accordance with the broad-based BEE codes:
			Actual	Weighted
		No of	spend	spend
Analysis as per the codes		suppliers	R	R
Total procurement spend			5 881 070 015
		6 950
Less: Exclusions as defined		24	351 795 299
Total distribution/qualifying spend		6 926	5 529 274 716
Less: Non-BEE spend (no assessment)		5 004	1 533 282 388
Total BEE spend		1 922	3 995 992 328	3 430 113 510
BEE analysis
			Actual	Weighted
	Conversion	No of	spend	spend
BEE status	factor	suppliers	R	R
		1 922	3 992 771 176	3 430 113 510
Level 1	1,35	49	39 021 036	52 678 399
Level 2	1,25	116	345 907 669	432 384 586
Level 3	1,10	165	363 648 856	400 013 742
Level 4	1,00	1 245	1 340 084 869	1 340 084 869
Level 5	0,80	146	748 035 394	598 428 315
Level 6	0,60	98	930 753 040	558 451 824
Level 7	0,50	33	63 849 361	31 924 681
Level 8	0,10	70	161 470 951	16 147 095
Non-compliant exclusions	0,00	24	92 865 120	–
Not assessed	0,00	5 004	1 440 417 268	–
BEE procurement spend		6 950	5 526 053 564	62,1%
Category			Amount spent
			R
Black-owned	1,25	310	477 631 040	597 038 800
Black-empowered	1,00	482	1 422 975 749	1 422 975 749
Black-influenced	0,50	553	1 224 237 309	612 136 655
Black-women-owned		26	16 148 686

 

PROCUREMENT AS PER THE FSC

Procurement analysis
			Actual	Weighted
		No of	spend	spend
Analysis as per the charter		suppliers	R	R
Total procurement spend		6 829	5 881 070 015
Less: Exclusions as defined			511 838 195
Total distributable/qualifying spend		6 829	5 369 231 819
Less: Non-BEE spend (no assessment)		4 419	1 920 053 284
Total BEE spend		2 410	3 449 178 535	2 884 983 809
BEE analysis
			Actual	Weighted
	Conversion	No of	spend	spend
Supplier category	factor	suppliers	R	R
Totals		883	3 449 178 535	2 884 983 809
Black-influenced companies	0,50	226	1 377 134 934	688 567 467
Black-empowered	1,00	350	1 574 552 639	1 574 552 639
Black-owned	1,25	307	497 490 962	621 863 702
Black-women-owned		N/A	Not monitored	Not monitored
Not assessed		4 419	1 920 053 284
BEE procurement spend				53,7%

Nedbank’s performance has now surpassed the 2008 target of 50% of the Charter with the result
of  53,7%.

 

PROUDLY SOUTH AFRICAN

Nedbank supports the Proudly South African campaign and increased its support from 3,2% of our suppliers in 2007 to 6,4% in 2008.

Proudly South African
		Actual			Actual
	No of	spend	BEE	No of	spend
Supplier category	suppliers	R	status	suppliers	R
Black-empowered	7	249 991 381	Level 1	1	12 168
Black-influenced	11	29 458 475	Level 2	6	8 277 759
Black-owned	5	1 885 972	Level 3	4	1 809 195
Excluded	16	27 344 881	Level 4	15	29 206 363
Non-BEE	22	39 024 111	Level 5	7	242 740 788
Not assessed	11	8 475 959	Level 6	3	29 010 448
			Level 8	2	4 056 231
			Non-compliant	1	2 241 675
			Not assessed	23	21 722 061
			Excluded	10	17 104 091
Total	72	356 180 780	Total	72	356 180 780