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BLUE LABEL INTEGRATED ANNUAL REPORT 2016

50

Stakeholder relations

continued

Stakeholder

group

Nature of engagement

Method of engagement

Dialogue process and

outcomes

Business

partners and

suppliers

– we

collaborate to

enhance the

end

customer’s

experience

The relationships with

business partners such as

Vodacom, MTN, Cell C,

Telkom, Eskom,

municipalities, utilities,

parastatals, event, concert

and sport organisers,

transport providers,

commercial banks and

merchant acquirers, as well

as service providers are

managed in terms of written

distributor and/or dealer

agreements. The nature of

agreements are generally

long term.

Relationship managers are

appointed to each partner to

provide a single and

dedicated point of contact.

Suppliers are managed in a

formal procurement process,

during which issues such as

quality of product,

creditworthiness and B-BBEE

status are confirmed, prior to

their appointment. Suppliers

of services are, if appropriate,

initially engaged through a

tender process and, where

successful, agreements are

concluded. The majority of

the Group’s goods and

services are procured from

locally based suppliers.

Engaging this group of

stakeholders also provides

a platform for product

innovation, as well as line of

sight into indicative market

supply and demand trends.

Existing trading relationships

with the network operators

afford the Group a clear line

of sight into cross- and

up-selling opportunities.

Written distributor and/or

dealer agreements.

Formal and informal

meetings.

Site visits are held on request.

Supplier relationships may

transform into customer

service arrangements.

We recognise the need to work

co-operatively in order to ensure

quality and value for money in

products and services.

Adherence to contract terms

and conditions and full payment

for goods delivered and services

rendered, are key to maintaining

sound relationships with this

stakeholder group. Matters

raised pertain mostly to

technical and operational issues,

which are resolved timeously

thereby ensuring a smooth

service delivery.

Supplier relationships may

transform into customer service

arrangements.