SCNet (Pty) Ltd March Newsletter

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MESSAGE FROM THE

I call on all managers and staff to become compliant with the latest technology innovations that impact on the systems, processes, and operations of SCNET and gain an In-depth knowledge of how current technology fits into the job execution of every manager and staff member of SCNET.

The Board of SCNET, will take a leading role to constitute a Transformation Technology Framework that SCNET, can implement to accelerate the transition of procurement into the age of the Fourth Industrial Revolution (Wave) (4IR). The implementation of the latter Framework, should meet leadership , institutional governance priorities; to ensure the adoption of emerging technologies to enhance best Procurement practices. A solid Technology Framework can unlock opportunities for the growth and development of SCNET, while serving the needs and satisfaction as a whole of our clients.

STRATEGIC IMPLEMENTATION OF A ROBUST TECHNOLOGY FRAMEWORK

by Stephan Bruwer (CEO, SCNet) | March 2023

All future strategic processes, systems and operations of SCNET (2023 -2026), that can be listed as the DTI Codes, Procurement, Corporate Liaison, Administration, Tenders, RFQ’s, Finances, Human Resources Management, Public Relations and Marketing, ICT, Sales, Training and Skills Development must be strategise, keeping in mind an agreed Technology Framework, as being steered by the principles of the Fourth Industrial Revolution (Wave) (4IR), impacting on all endeavours of SCNET.

Way back, on 26th April 2020, Tech Learn, published a report Top Technology Trends of 2021, and identified the following latest predicted trends that would impact on Science Net’s procurement operations.

Artificial Intelligence (AI) (In 2023 ChatGPT became a major game changer that will change the Procurement Industry for ever)

G5 Data Networks

Automation

Development of Aerospace Technologies

Edge Computing

Blockchain

Human Augmentation

Virtual Reality and Augmented Reality

Cybersecurity

Transparency and Traceability.

The idea and application of the above disruptive technologies in a complex, complicated and fragile SCNET procurement environment, needs a clear direction and strategy, aligned to a budget for effective execution. The execution of the idea and application of disruptive technology innovations at procurement businesses in Africa, fail and often go spectacularly wrong, due to poor planning.

Dwayne Anderson (2021), in his article :Emerging Technologies and Constant Disruption, made the following observation, that can be translated to SCNET:

Disruptive technologies in the Procurement Industry, requires managers and staff with a new technology skillset to manage the following three (3) common cyclic technology forces, all converging to reshape a future – ready SCNET procurement business (2023 – 2026).

Robert Whiteford Chairman of Supply Chain Network

Corporate Liaison, Administration, Tenders, RFQ’s, Finances, Human Resources Management, Public Relations and Marketing, ICT, Sales, Training and Skills Development).

The effective implementation of new technologies at SCNET, provides industry advancement, rethinking and refining of the Strategy and Direction of our business to ensure market share and competitive advancement.

Technology implementation should increase productivity of staff and set new quality standards and indicators and ensure a faster and speedier delivery of technology services and standards to the clients of SCNET.

A new normal after COVID – 19, highlighted the need for staff at SCNET, with technology skills and diverse talent to meet the demands of the Fourth Industrial Revolution (Wave) (4IR).

Industry technology experts are predicting that the above – mentioned three (3) trends can bring major changes in the procurement industry. The rapid technology advancements in 2023 will be a game changer in the technology field at SCNET.

Industry technology experts are predicting that the above – mentioned three (3) trends can bring major changes in the procurement industry. The rapid technology advancements in 2023 will be a game changer in the technology field at SCNET.

WHY CHOOSE SCNET?

Through a decade of collective experience as a business in the industry, our dedicated, highly skilled & trained expertise team are in constant readiness and willingness to provide support and advisory services to your need. We have 2 business centers based at Umhlanga, Durban, KZN and Rivonia, Johannesburg, GP that are available on 087-094-9990 from Monday to Friday, 08h00am to 17h00pm. For any after hour support, please visit our self-help section on our website.

Name:

Time to put

your supplier cap

on Complete the crossword puzzle below related to information about Supplier of Good Standing

3. What is the abbreviation for one of the three issuing authorities for Workmen's Compensation?

6. What is the abbreviated code for a BBBEE to be compliant and fulfilled, the government regulatory body?

8 What is the short name for the Department of Labour Workmen's Compensation Document?

9 Name the size of the company when they have less than 51% Black Ownership

10. What is smallest size company that can qualify for an affidavit?

Down

1. When companies do not partake in BBBEE recognition they are by default seen as status.

2. Who can legally stamp an affidavit?

4. What is the SARS issued document?

5. The accredited issuing authority of BBBEE Certificates.

7. Medium or large companies are indicated as on a BBBEE certificate

PERKS: Send back your completed crossword puzzle with suggestions on questions for the next crossword issue to qualify for FREE Verified Premium Membership access on SCNet. Terms and Conditions apply.

REQUEST-FOR-QUOTATIONS

by Courtney Roos | March 2023

Supply Chain Network’s RFQ system is one of a kind and it is all at your fingertips. The best thing about our RFQ system is that it’s all done online and it saves you time and money. What more could you want for your business? We do all of the work for you and assist you in finding more affordable and suitable sources for any goods or services you require.

When we get all the details on what you're looking for, we release them onto our system. We then take the time to find suppliers based in your area , your business keywords listed on your company profile , as well as the industry sector your company falls under. This is wonderful since it is tailored to you and your company.

You can view these quotes and compare all of the rates after your RFQ has closed and all of the bids have been submitted. There is no need for you to do this manually as our system compiles 5 reports to summarize all the data. In just a few clicks you can view the full evaluation, evaluation summary , best price analysis , comments, and the supplier status report.

The process doesn't end there; if you're still looking for lower costs, you can initiate a negotiation with your preferred suppliers. Once you have found your preferred supplier, you are then able to award it to the successful candidate. Unsuccessful candidates will then automatically be notified and sent a regret letter.

Our RFQ system’s short turnaround time for locating suppliers who can offer you lower prices is its best feature. Our system is a quick and easy way to connect buyers and suppliers where our focus is to save you time and money.

PPC Cement

BUYER BENEFITS

by Brendan Andrews | March 2023

Why should a buyer use the SCNet Procurement Portal? The simple answer is that it automates many of the manual processes that we face daily in the field of procurement, from initiation to the awarding of the tender. SCNet is a proudly South African Procurement portal designed within the procurement rules of SA, to assist Buyers to speed up the entire procurement and evaluation process. Some key points of how the system can help you as a buyer:

Automatic invitations and reminders to suppliers invited to a tender/RFQ, SCNet Business centre support for suppliers, contacting them to ensure invitations/submissions are received, 5x system generated reports to assist with Evaluation process, Negotiation/Reverse E-Auction options to drive cost savings, Automatic regret letters to unsuccessful suppliers when tender/RFQ is finalised, Supplier discovery with extensive filter capabilities to help you find suppliers that meet certain criteria, eg. BEE level, Ownership %, location etc.

Furthermore, SCNet is also able to be fully integrate with any ERP system (SAP, Syspro etc) to automate even further, many of the functionalities of the procurement process.

B UY E R F E E DBA CK

Bushveld Minerals

Name: Martin Position: Buyer

“The SCNET provides an above-board platform for suppliers of common items to table their offers to a prospective buyer at a given time

The network also helps suppliers to be cost effective in terms of tabling an offer, one needs to be considerate of what one tables as offer, Ideally no business person would like to lose on a particular RFQ therefore this helps prospective suppliers to be cost competitive when tabling an offer”

B UY E R F E E DBA CK

Pitso Consulting

Name: Pieter B, Van Rooyen Position: Chief Executive Officer (CEO)

”I trust all is well

I hereby would like to express my heartfelt gratitude and outmost appreciation towards you

Since we signed-up as premium members, obviously through the persuasion of Kelly, I do not have any regrets If there may be any such, it would be because I did not use the platform for it was intended to Kelly came through for us by calling daily to ascertain the value of the platform by using it correctly I honestly do appreciate it for having had her to show that amount of care towards us

To Lee, who took off after Kelly, a big thank you You called and are still calling every day that is now from Monday to Friday, to see to it that we get most out of the SCNET platform Little did I know that SCNET’s platform is a ONE STOP SHOP One particular day Lee called just to check up on me because we could not talk due to me having had loadshedding, it so happened that I was standing in Builders Warehouse Klerksdorp looking for a Geyser He opened my eyes and advise me to try the platform instead Through his assistance, many suppliers were loaded on our profile All I need to do going forward is the utilize the system to its potential

I am truly grateful to have people in the likes of Lee and Kelly as part of our journey It makes our situation a little bit better The encouragement from them both to contact without hesitation with any enquiry is such a pleasure in knowing that a solution will be found Yes I am still learning but just the mere fact that I know who is standing behind me is seamless and worry free

I trust that this relationship will grow to see our company benefit

With many thanks ”

NafasiWater

Name: Jean

Position: Buyer

“With the assistance from SCNET, I have managed to get access to reputable suppliers within Gauteng that not only deliver exceptional services but also benefits us with the excellent services and we are able to receive value for Money Brendan has made my life very easy, from publishing the RFQ/tenders for me to evaluating the responses, the service I have been receiving has been wonderful ”

SouthAfricanNational BloodService

Name: Nosipho

Position: Procurement Specialist

“Yes the tool is useful and very easy to navigate through it I found it very useful for a quick search for potential suppliers and categorized very well for easy use ”

CONTRIBUTING FACTORS TO REVENUE

by Priscilla Lottering | March 2023

The consignment of these RFQ's allowed business consultants the opportunity to assist many SMME’s with highly esteemed business opportunities while also generating revenue for SCNET.

In addition to renewals and RFQ's, the other contributive factor to revenue was the vendor process that SCNET assists clients with, the initial vendor process allows our sales consultants the opportunity to introduce clients to SCNET's value added services, this has been a huge success in terms of revenue brought in while also assisting our corporate partners with their imperative vendor proccesses.

The month of February proved to be a very successful month overall for sales. Renewals being the biggest contributing factor to the revenue brought in, thereafter the Corporate new Registrations and RFQ’s launched via the SCNET Platform.

The substantial percentage of revenue brought in from renewals was a clear indication of client satisfaction and the high demand for SCNET's services to business owners.

The most popular industry in terms of the RFQ’s that were launched via the portal and that assisted with revenue was for the supply of diesel, construction and industrial cleaning.

SCNET is a very comprehensive system that adds great value to businesses - the main focus of sales is to assist business owners with how to incorporate our system into their daily business operations - I believe that overall, sales achieved their goal for February while also aiding businsess owners with the opportunity to take their business to another

Nicole Brooks DJP ASPELING Yolandi

DIGITAL TECHNOLOGY

by Michael Robinson | March 2023

that may arise over time, aswell as any new development that may be requested. By creating a new solution it would mean a much more robust system to use and this in turn would hopefully mean a much easier site to work on for our customers aswell as our staff. The store is being built using a modular design which would allow us to easily edit what is and isn’t shown on the store without making massive changes to the codebase, this in turn means less downtime and a more robust website that can morph to what we need it to look like at any given time.

Hi my name is Michael Robinson, I am one of the Software Developers working for SCNet. My background consists of primarily frontend development experience with a degree in Application Development that gave me the necessary foundations for all aspects of programming.

In my time at SCNet we have been working to improve and completely revamp the current solution we are using. By doing this it will allow for much faster turn around time on potential issues

Another big project that is in the works at SCNet is the brand new online store. This online store aims to link everybody to major suppliers by allowing suppliers to list excess stock of goods on our store for anyone to purchase. However, not only will suppliers be able to add products to sell, but also everyday customers looking to sell goods. The great thing about this concept is that it would create a huge range of products on the store hopefully leading to one having a massive amount of choice for everybody to find what they are looking for. Existing suppliers on our platform would need only log in and start listing products for sale. Sellers new to our system would need to sign up using a simple process, and start listing products for sale. Once a listed product is approved for sale anyone can begin purchasing your products. We are aiming to create a direct link between customers and suppliers, cutting out the middle man and hopefully saving people a lot of money and time.

WHAT IS SOCIAL MEDIA AND ITS BENEFITS

Social media facilitates the sharing of ideas and information through virtual networks. From Facebook and Instagram to Twitter and YouTube, social media covers a broad universe of apps and platforms that allow users to share content, interact online, and build communities.

More than 4.7 billion people use social media, equal to roughly 60% of the world’s population.

Today, social media messaging apps and platforms are the most commonly used sites worldwide. In early 2023, 94.8% of users accessed chat and messaging apps and websites, followed closely by social platforms, at 94.6% of users. Search engine sites were next, with 81.8% of users accessing them.

With hundreds of social media sites globally, these platforms offer users the ability to access information in real time, to connect, and find niche communities. Businesses are also using social media marketing to target their consumers, establish a following in order to build a loyal fan base, and create a culture behind their own brand.

Social media and search advertising spending made up roughly 55% of overall ad spending globally. It is also the fastest-growing category across advertising channels.

Facebook is the largest social media platform in the world with over 2.9 billion users. Here are

the figures for the most popular social media websites as of January 2023:

Facebook (2.96 billion users)

YouTube (2.51 billion users)

WhatsApp (2 billion users)

Instagram (2 billion users)

WeChat (1.31 billion users)

TikTok (1.05 billion users)

Facebook Messenger (931 million users)

Douyin (715 million users)

Telegram (700 million users)

Snapchat (635 million users)

ENTERPRISE AND SUPPLIER DEVELOPMENT PROGRAMS

by Abigail Raiman | March 2023

As you are aware, SCNet (Supply Chain Network) Group provides a wide range of services within the S2C and P2P space. A full end-to-end safe and secure interactive online system for users (both buyers and suppliers) to utilize. Another stream of SMME development we offer is ESD (Enterprise and Supplier Development) Incubation Program hosted via the Supply Chain Network Procurement Portal (www.scnet.co.za) which benefits both the buyer (incubator) and supplier (SMME).

FOR THE INCUBATOR

FULL Supplier Development Program which covers important areas such as Access to Markets at an affordable cost.

FULL Call Centre Support for both the SMME and the Incubator. (Operating only in Business Hours).

FULL and Detailed Training done with SMME via a telephonic call to assist the SMME in making full use of the system. (Upon request we can travel to your premises and do a live training session with all your SMMEs sponsored on the SCNet System) *

100 points of data captured for each SMME- In the case where the Incubator has a Buyer License he/she can simply login and view the necessary information on the profile.

All SMMEs go through a verification process to ensure that they are in fact a registered Verified Company and we mark them as “safe” to do business with.

Incubator can make use of the system to find more suitable SMMEs that suit their specific criteria.

Most Importantly the Incubator receives a detailed monthly activity report which identifies the opportunities that the SMME received via the system as well as the usage of the system.

*in the case where a company is in a far area to reach place, costs may apply.

FOR THE SMME

SMME will receive Business Centre Support as and when they require it. (Operating during Business Hours).

SMME will have access to over 114 000+ active companies where they can use a networking tool to make contact with new possible clients. They do this by using our “WHAT” and ”WHERE” function which also includes over 18 smart filters.

SMMEs has access to extensive tender research opportunities between 3000 and 4000 tenders are active each day- SMME will receive an email with daily tender notifications which match their company keywords as well as the area(s) they wish to operate in. The option of over 20 000+ international tenders as well.

SMMEs have a chance to receive and take part in RFQs from Bigger Corporates or even smaller companies. SMME can simply login and respond to RFQs from the comfort of their own desk in a quick and easy way.

Each SMME gets an Online Store set up for them where other companies can shop directly from them. SMME can also track the number of companies who viewed their store and make contact with them.

PROCURE

PUTTING THE “PRO” IN PROCURE VERIFY SA (PTY) LTD THROUGH ITS V MS

by Abigail Raiman | March 2023

Procure Verify SA (Pty) Ltd was born in 2019 and is in operation for the past 4 years. The Procure business centre is based in Rivonia Sandton, in the city of gold (as they say).The company has greatly expanded their services managing a high spend contract with large blue-chip companies such as Anglo American, Harmony Gold Mine, DeBeers Group and AfriSam to name a few. Visit our partners page to keep abreast with our current partners.

SPECIALTIES

Procure Verify SA specializes in but not limited to the following services

Corporate Vendor Portal

Vendor Master Data

Compliance Scoring

Document Management

Vendor Manager

Integrated Corporate Vendor Management System

BBBEE Management Services

BBBEE Procurement Scorecard

Online Vendor Health Dashboard

Business Support Centre

Contract Manager

Global Vendor Vetting Services

Buy Smart Services

CAPABILITY TO INTEGRATE WITH ERP SYSTEMS, WOW!

Through our quick, smart and efficient SaaS and PaaS tools, corporates can easily upload their supplier master database via a whitelisted corporate vendor management portal branded and designed within their corporate skin which is maintained and hosted by SCNet on Microsoft Azure – a cloud-based solution Corporates will be able to manage their spend, vendors will be able to update their supplier information via a login

credential

100 points of data, corporates ppliers through the online whitelisted corporate portal via an interactive vendor management tool which can further be integrated into the relevant ERP system of the corporate with the additional benefit of extracting BBBEE Reports, Compliance Information and Supplier Health Reports in the desired format for Preferential Procurement Reporting and Annual Audits.

OUR 2023 FIRST QUARTER FOCUS

This quarter has been intense days and nights for the Procure team. This is due to the current BBBEE Audits Projects the team has been closing off on for all corporate partners across the company driven through our BBBEE Management Services we offer. Our aim at high-level is to ensure data integrity on corporate suppliers’ master data specifically concerned with the BBBEE Credentials – tis the season!

Our mission with our BBBEE Management Services stream is to ensure atleast 90% of valid and compliant BBBEE Claims on corporate vendors. This is achieved through our dedicated, resilient and tenacious team of “pro”s who are well equipped with smart and efficient processes to verify valid and compliant BBBEE Information according to various codes such as the DTI, DMRE etc., ensuring governance and mitigating fraud.

RENEWABLE ENERGY TAX INCENTIVES

by Keagan Stevenson | March

Photovoltaics, solar power, the energy of the future!

To add onto my article about loadshedding in last months newsletter ,

Finance minister Enoch Godongwana has announced that National Treasury will be providing tax incentives and tax relief to South African businesses and households to encourage a rapid move to renewable energy.

Andre Marinus de Ruyter, the recently resigned Eskom CEO, and Cyril Ramaphosa, the South African President, have both emphasized that South African households and businesses should look to invest in renewable energy resources such as Roof Top Solar systems/Photovoltaic systems.This has been reasoned by government as it is a viable solution for South Africans to combat the “existential” energy crisis in their own capacity. Government also considers this initative to ease the energy crisis of which has been declared as a national state of disaster.

Among with the suggestion of investing in renewable energy, Cyril Ramaphosa has taken further measures to combat the country’s “existential” power crisis, such as the appointment of a new electricity minister, Dr Kgosientsho Ramokgopa, Ramaphosa further declared the matter as a national state of disaster along with involving loan schemes and tax incentives relating to the move towards solar energy. These measures were discussed at the State of The Nation Address 2023.

According to Godongwana, a renewable energy tax incentive is available for businesses to promote renewable energy, this would temporarily allow for expansion to encourage rapid private investment to alleviate the energy crisis.

The current incentive allows businesses to deduct the costs of qualifying investments over a one- or three-year period, which creates a cash flow benefit in the early years of a project.

The incentive will be available for two years and it

will not be limited by the size of the project, thus, this aims to drastically increase and stimulate the investments over the short term.

Businesses will be able to deduct 50% of the costs in the first year, 30% in the second and 20% in the third for qualifying investments in wind, concentrated solar, hydropower below 30 megawatts (MW), biomass and photovoltaic (PV) projects above 1 MW. The Minister further said that the adjusted incentive will only be available for investments brought into use for the first time between 1 March 2023 and 28 February 2025. This incentive will allow businesses to deduct a percentage of their renewable energy investment from their tax liability, reducing their tax burden. As previously discussed, the percentage of the credit varies depending on the size and type of the project, with larger projects and those located in economically disadvantaged areas receiving higher credits.

For a business with positive taxable income, the deduction will reduce its tax liability. For example, a renewable energy investment of R1 million would qualify for a deduction of R1.25 million. Using the current corporate tax rate, this deduction could reduce the corporate income tax liability of a company by R337 500 in the first year of operation.

To increase electricity generation, government has also proposed a rooftop solar incentive for individuals to invest in solar PV systems. The tax incentive will allow individuals to claim a rebate to the value of 25% of the cost of new and unused solar photovoltaic (PV) panels, up to a maximum of R15 000 per individual. For example, a person buys 10 solar PV panels, at a cost of R4000 per panel (so total cost of R40 000). Unfortunately, this rebate is only available for solar panels and not for inverters and batteries, of which in many cases, the batteries and inverters are the highest expense of the exercise. For example, across all the lithium-ion solar battery brands, you can expect to pay between R12,000 and R70,000 and up for home use batteries and millions of rands for commercial batteries.

The implementation of these tax incentives has already had a significant impact on the solar energy sector in South Africa. According to the South African Photovoltaic Industry Association (SAPVIA), there has already been a significant increase in investment in solar energy projects since the

2023

implementation of these tax incentives. The increased investment in solar energy projects has not only created jobs in the sector but has also contributed to reducing the country's carbon footprint.

The tax incentives have also had a positive impact on businesses investing in solar energy projects. The accelerated depreciation allowances and investment tax credits have improved the financial viability of solar energy projects, making them more attractive to businesses. The reduced tax liability resulting from the incentives has improved the return on investment for businesses and has encouraged them to invest in solar energy projects, which have long-term benefits for both the environment and the bottom line of combatting the issue at hand.

Despite the success of the tax incentives, there are still challenges facing the solar energy sector in South Africa. One of the most significant challenges is the lack of grid infrastructure in some areas of the country, particularly in rural areas. The lack of grid infrastructure makes it difficult to connect solar energy projects to the national grid, limiting their potential impact. However, the government has recognized this challenge and is investing in grid infrastructure to improve connectivity and ensure that solar energy projects can be fully utilized.

Another challenge facing the solar energy sector in South Africa is the availability of finance for solar energy projects. While the tax incentives have improved the financial viability of solar energy projects, access to finance remains a challenge, particularly for small-scale projects. The government has recognized the need to improve access to finance for solar energy projects and has implemented various measures to address this, including the creation of the “bounce back” loan scheme. This scheme was implemented during Covid-19 and aims to help businesses recover from the pandemic, of which would now be used to assist them in getting funding for solar power. Currently, National treasury is working on adjustments to the bounce back loan scheme to help small businesses to invest in solar equipment. Furthermore they are also working on allowing banks and development

finance institutions to borrow directly from the scheme to facilitate the leasing of solar panels to customers.

In conclusion, the implementation of tax incentives for renewable energy and solar energy in South Africa has had a significant impact on the energy sector, with increased investment in solar energy projects and improved financial viability for businesses. While there are still challenges facing the solar energy sector and energy sector, such as lack of finances and infrastructure, the governments investment in improving infrastructure is an encouraging sign for all South African’s in order to beat the enrgy crisis. Overall, the tax incentives implemented in South Africa have been a positive step towards transitioning to a cleaner, more sustainable energy future, overcoming current challenegs and they will provide an excellent example for other countries to follow.

#BOSS LADY

by Alicia Small / March 2023

As a woman in business it is vital that you dress up and show up. Not only does this provide you with a confidence boost for the day, it also motivates your employees to dress the part which will result in the face of your company to rise.

Here are my top tips for women in business:

Wear professional and conservative clothing. Choose apparel that has received favourable feedback from people who are knowledgeable and successful,

Ensure that clothing is clean, pressed and wellfitted, Wear your best pair of shoes that are clean and polished, preferably with a heel, this instantly provides you with a confidence boost, Choose accessories that complement your clothing rather than distract from it, Remove facial and body piercings, Ensure you always have your nails done (one colour) or clean, this also includes your feet, studies conducted by Harvard suggests a man will always look at a women’s feet which will suggest how well she looks after herself and a woman will always look at another’s hands, Cover visible tattoos to avoid distraction, Always ensure you have perfume on and keep your jewellery minimal and classy,

Make sure your hair is clean and conservative in colour and style,

Never be caught without make-up or too much make-up, keep your make-up minimal and natural but never go without,

Less is more. Keep your look simple but classy until you become accustomed to the environment

“GIVE A GIRL THE RIGHT KIND OF SHOES, AND SHE WILL RULE THE WORLD”

RATHER WAKE UP ONE HOUR EARLY AND ENSURE YOU ARE DRESSED FOR SUCCESS EVERYDAY, YOU NEVER KNOW WHAT BUSINESS OPPORTUNITY WILL COME YOUR WAY!

HLA and SCNet (BizNet)

Technology

SCNET can choose from several excellent Technology Transformation Models to transform its procurement processes, systems, and operations. The following simplistic Model serves as an example to illustrate the above recommendation.

real business without being a data – driven enterprise.

Data Science as a scientific field of study, will develop at the speed of light in the procurement industry in the next three (3) years (2023 -2026). Data Science can be defined as an: Inter – and Multidisciplinary field that implements scientific methods, processes, algorithms to analyse knowledge from captured structured and unstructured data and apply statistical insights from a broad range of application domains. Data Science is closely related to and integrated with data mining, machine learning and Big Data.

The generic components of Data Science are captured in the following diagram.

Explanation:

At the core of the Model there are three pillars of Technology Transformation, People, Systems and Processes and Technology Operations, driven by the following key forces:

1. Enhanced Connectivity (Driven by social media and the Internet of Things).

2. Automation of Manual Tasks (Driven by New Technologies).

3. Improved Decision Making (Driven by Big Data and Analytics Technology).

4. Product and Service Innovation (Driven by Emerging Technologies).

If SCNET can succeed in implementing the above basic Technology Transformation Model, effectively, it can ensure the following procurement business outcomes:

Total Client Satisfaction Experience

Product and Service Innovation

Increase in Market Share

Digital Enhancement

Effective Risk Control

Enhanced Corporate Governance Innovation

The above Technology Transformation Model can assist SCNET to attain excellence in technology (digital) application in its operations.

Regarding the concept digital, Mike Rollings, Research Vice President, Gartner (2020) made the following statement: It’s impossible to be a digital

Big Data Management at SCNET, should be based on:

Gathering of Data, via Statistics

Analysing Data using statistical methodology

Visualising Data to present and communicate data in a more graphic or visual format, to make the information more understandable and userfriendly (to all role players)

The application of Data in the management of procurement at SCNET, has inter alia, the following benefits:

a. Extract insights from data to improve business intelligence capabilities and inform decision-making regarding procurement.

b. Explore data visualisation and storytelling, enabling management to effectively communicate and influence business strategies.

c. An understanding of how to apply data analysis techniques to data sets and communication regarding procurement.

Transformation Model for SCNET (2023 -2026)

(Prof Chris Jacobs, DEd, PhD)

Figure 1 Technology Transformation Model

Remarks: Data Science has opened the need for data scientists in the Procurement industry who can analyse data and communicate results to inform data driven decisions (IBM 2021).

The managers, as leaders at SCNET recognise data’s potential in creating value. However, though the amount of available data presents incredible opportunities for insights, there is a strong tendency to expose managers and all staff with professional skills to interpret procurement information. To create a data-driven culture at SCNET needs staff with a high level of data management skills and application.

SCNET is creating training opportunities for managers and all staff to become compliant with Big Data Management skills as an integrate component of its Workplace Skills Development Plan (2023).

The outcomes of the training programmes will ensure a high client satisfaction regarding the procure products and services that SCNET, is providing

Honoursand Congratulations

March 2023

Prof Chris Jacobs, received an award as the Global Professor (2022-2023) out of 400 nominated international professors, from the Caribbean Business School, Lagos, Nigeria on 10 March 2023

Prof Chris Jacobs, DEd, PhD

MIANZWI TRADING T/A Mianzwi Mining

NDLONDLOFIED PTY LTD T/A Ndlondlofied Tech

M AND C ACCOUNTING PTY LTD T/A Mac Solutions

Afri-Lime

Lindiwe Events 1 T/A Lindiwe Events & Catering

The Plumber Potch T/A The Plumber

The Plumber Potch T/A The Plumber

NTETLE TRADING ENTERPERISE T/A Ntetle Trading

Enterprise

Mmaetsane Projects And Investments (Pty) Ltd T/A

Mmaetsane Projects And Investments (Pty) Ltd

Pronet 4 All Developers Maintenance Construction T/A

Pronet 4 All Developers Maintenance Construction

Touchstone Africa T/A Touchstone Africa

Flaviovox T/A Oasis Water

Lynette's Blinds CC T/A Lynette's Blinds Cc

Terra Monitoring (Pty) Ltd

DUFORTY (PTY) LTD T/A Duforty (Pty) Ltd

LEM GROUP PTY LTD

Dlanga Electrical Technologies T/A Dlanga Electrical Technologies

Colombus Mining Engineering T/A Colombus Mining

DAA Capital T/A Daa Capital

EL Tigre Manufacturing (Pty) Ltd T/A El Tigre

Manufacturing (Pty) Ltd

Westrand Uniform & Safety T/A Westrand Safety

TLJ Drafting & Design T/A Tlj Drafting & Design

TLJ Drafting & Design T/A Tlj Drafting & Design

Terra Monitoring (Pty) Ltd

JCI Mining Pty Ltd

NEXGENERATION GROUP (PTY) LTD

REF B PROJECTS (PTY) LTD

Khutlisetso Enterprise Pty Ltd T/A Khutlisetso Projects And Plant Hire

Awesome Industrial cc T/A Awesome Industrial

Lifeshield Home Security Projects

MMAKGOTHOMA CONSTRUCTIONS CC

Veento transport and projects T/A Veento Tramsport

Carsten Project Services

Sophia's Excellence Driving Academy T/A Sophia's

Excellence Driving Academy

Devine Grace Construction T/A Devine Grace Construction

Flawsome Branding Company

Office Mania CC

TVC Flow Solutions Pty Ltd

Paulleen Enterprise (Pty) Ltd T/A Crystal Clean Corporation

TMSV ENVIRONMENTAL CONSULTANTS T/A Tmsv

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Leswika La Tswelopele General Consulting Experts Pty Ltd

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Ktt Industrial Pty Ltd T/A Ktt Industrial Pty

Geotab Pty Ltd T/A Geotab Africa

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Anseat Africa

Dembe Holding Company (Pty) Ltd T/A Dembe

NettCOM Internet Solutions CC

Workshop Warehouse Welkom (Pty) Ltd

LOU ELLA (Pty) Ltd

Pretty Echo

Mariba Holdings (PTY) LTD T/A Mariba

Trainsafe (PTY) Ltd T/A Trainsafe Health & Safety

Richen Attorneys

Simplify Waste and Project Management T/A Simplify Waste And Project Management

MATSIMANE TRANSPORT CC T/A Matsimane Transport

Cc

Yellow Star Manufacturing (Pty) Ltd T/A Ysm Foundry

Numolux Group PTY LTD

Ramo Adpro T/A Ramo Adpro

M & N Acoustic Services (Pty) Ltd

MYC Information Technologies cc T/A Qinfotech & Qtelecom

MOLATEBO CONSTRUCTION (PTY) LTD

BOSHA COOPERATION - (Procure)

Enovative Technologies Africa

Digital Borehole Surveying Pty Ltd T/A Digital Surveying

Mega Bags (Pty) Ltd

Dob corporation pty Ltd T/A Dob Corporation Pty Ltd

PRE-EMINENCE TRADING AND PROJECTS

sebua wa ga olebogeng trading enterprise( pty) ltd T/A

Sebua Wa Ga Olebogeng Trading Enterprise( Pty) Ltd

RDS Supplies and Services (Pty) Ltd

In Position Machining CC T/A In Position Machining

Lulama Projects and Services (Pty)Ltd T/A Lulama Projects And Services (Pty)ltd

Accounting Coins(Pty) Ltd

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TRIX-OVER SERVICES T/A Trix Over Services

Mabopane Decorators Cc T/A Mabopane Decorators Cc

NAE Enterprises (Pty) Ltd T/A Nicholas Auto Enterprises

JVNC CAPITAL (PTY) LTD

ASHMPOVEST (PTY) LTD T/A To Be Confirmed

Black Catalyst Consortium (Pty) Ltd

Mmetella Construction and Project

Tru-Trac Rollers (Pty) Ltd

UGEBHEZI SECURITY (PTY) LTD T/A Ugebhezi Security (Pty) Ltd

New IT Solutions T/A New It Solutions

The business world is a constantly evolving landscape that requires adaptability and innovation to succeed. However, many businesses fail to navigate these challenges and ultimately end up closing their doors. Within South Africa, there are multiple success factors for businesses, although there are also negative factors that result in business failure. By understanding these factors that cause failure, businesses can take steps to address them and increase their chances of success.

Firstly, innovation is a key factor to success, often organizaitons disregard constant innovation. It is evident that innovation allows for an organization to stay competitive, which is especially important in todays fast-paced business world. It is important that businesses constantly innovate and change theirn processes as technology advances, this will give them a competitive edge and ensure they are on top of their game. Businesses that fail to innovate risk losing their market share to competitors who are more adaptable and forwardthinking. Innovation can take many forms, from new products and services to new marketing strategies and business models. Businesses that fail to innovate run the risk of becoming stagnant and losing relevance in their industry.

Not Hiring the right people can be a major failure factor as company's success is largely dependent on the quality of its employees. Most organizations thrive based on what their resources produce and provide, of which primary resources are human capital, the employees. When businesses do not take the time to find the right employees for their organization, they risk losing productivity, morale, and ultimately their reputation. This is especially true in the early stages of a business's growth. New businesses need to ensure that they are hiring the right employees who can contribute to their growth and success. Although one cannot guarantee that they will always find the right employees, hence it is important to retain existing, valuable employees through various techniques such as ensuring they have high levels of motivation, job satisfaction, recognition and remuneration.

Poor Motivation is a major contributing factor to business failure. When employees are not motivated, they are less productive, less engaged, and less likely to contribute to the success of the company. Poor motivation can stem from a number of factors, including a lack of recognition, poor compensation, a toxic work environment, and a lack of opportunities for growth and advancement. It is important for businesses to create a positive work culture that motivates and inspires their employees to work hard and achieve their goals. Furthermore, poor motivation at an executive and managerial level can lead to business failure, if the team that leads the business is not motivated to succeed and get the job done, the business will collectively collapse as employees will more than likely also be demotivated.

A clear vision and mission is essential to the success of any business. When businesses lack a clear vision and mission, they may struggle to set goals, make strategic decisions, and communicate their values to their employees and customers. A clear vision helps businesses to stay focused, identify opportunities for growth, and create a roadmap for their future success. A vision and mission always sets a guideline for a business to work towards and succeed, every business should have a clear vision, mission and future goals to ensure their daily activities are working towards the short term and long term vision, mission and goals.

Planning on a personal, social and organizaitonal level is extremely important for success. A lack of proper planning can be a major contributor to business failure. Many businesses fail to create a comprehensive business plan that outlines their goals, strategies, and financial projections. Without a plan, businesses are left to make important decisions on the fly, often resulting in poor choices that can lead to failure. A comprehensive business plan can help businesses to stay on track, make informed decisions, and secure the funding they need to succeed. Furthermore, a strategized plan can allow a business to work in a structure, strategic manner and pursue their goals formally.

Financial capacity is an important factor that can determine a businesses success. Poor financial planning often leads to failure as often businesses do not allocate finances where they are needed. A business requires a steady stream of cash flow to operate, and many entrepreneurs underestimate the amount of money needed to sustain a business. Poor financial management can lead to overspending, late payments, and ultimately, bankruptcy. In addition, many business owners fail to properly track and manage their finances, leading to inaccurate financial statements and a lack of insight into the company's financial health. It is advisable that before starting a new venture, that all entrepreneurs provision and assess the financial situation and expectations required when entering into a new venture.

Ultimately leadership and management drive an organizaitons success. Effective leadership and management are essential as these key role players have a major influence on the operations and organization as a whole. Business owners who lack the necessary skills to lead and manage their team effectively may struggle to keep their employees motivated, productive, and engaged.

This can lead to high turnover rates, low morale, and a lack of direction for the business as a whole. Effective management skills are essential as they directly influence and cultivate an organizaitons culture and employees attitudes towards their work. It is important that all mangers and leaders within an organization ensure that they lead effectively, focus on the organizaitons goals, stay positive and think strategically.

The business world is constantly evolving, and businesses that fail to adapt to change risk becoming irrelevant. Businesses that are unable or unwilling to pivot in response to new market trends, technology advancements, or customer demands risk falling behind their competitors.

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Failure to adapt can lead to declining sales, decreased profits, and ultimately, business failure. In many instances, may organizaitonal stakeholders may not support change that has been proposed as generally human beings do not like things out of their comfort zone. Change can be for good or for worse, and in the case of good, can benefit an organziaiton tremendously. New processes or tehcnologies have the ability to revolutionize an organziaiton if applied correctly and supported by the team. These new changes and adaptations can prevent an organization from failing.

In conclusion, the success or failure of a business is dependent on a variety of factors. Business owners must be willing to invest time, effort, and resources into finding and hiring the right people, staying innovative, maintaining a motivated workforce, creating a clear vision, engaging in effective business planning and financial management, demonstrating effective leadership and management, and adapting to change. Failure to address any of these factors can lead to business failure, although one should always consider all factors simultaneously to ensure the maximum success factors are being strived towards.

To avoid failure, businesses must be willing to continuously evaluate their strategies, goals, and operations, and make necessary adjustments to ensure they remain competitive and relevant in their industry. By prioritizing these key factors, businesses can increase their chances of success and establish themselves as leaders in their respective fields.

UMTANA: GROW THE TREE

SCNet Business Centre House in Stellenbosch

TIME GARLICCHICKEN PASTA

10 ounces dry pasta (any kind)

1 pound boneless skinless chicken breast

1 teaspoon

1 teaspoon Italian seasoning

1 teaspoon salt & pepper to taste

2 tablespoons olive oil

1 tablespoon butter

4 cloves garlic minced

1 cup tomatoes diced

2 cups spinach chopped, optional

2 cups heavy cream (or 16 oz)

mesan cheese shredded or grated

Salt & pepper to taste

Prep Pasta : Boil water in a large pot and cook pasta al dente according to package instructions

Season both sides of chicken breasts with salt garlic powder, Italian seasoning, paprika, and a generous pinch of salt and pepper

Heat olive oil in a large heavy duty pan over mediumhigh heat and cook chicken breasts 5 minutes per side or until cooked through Remove from heat and set aside

To the same pan, add the butter and garlic and cook for 1 minute or until fragrant Add the tomato and spinach and cook 2-3 minutes or until the tomato and spinach are soft and wilted.

Reduce the heat and add the heavy cream and parmesan cheese Whisk until fully incorporated and creamy Add a pinch of salt and pepper to taste

Drain pasta and slice chicken into thin slices or cubes and return to the same pan Stir to combine and serve!

PeppermintTart

Aero peppermint chocolate

Caramel treat

Tennis biscuit

Fresh cream

Whisk caramel treat in small quantities until entire can is finished. Then add fresh cream and whisk. Place tennis biscuit on the casserole until the bottom is filled then drop your first layer of caramel treat over the biscuit

Break the peppermint chocolate over that layer and then add second layer of biscuit and add the remaining caramel treat on it Then add your last layer of chocolate. Leave in the fridge to set for few hours

Shante Schutte

Kevin Pillay

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