We appreciate any opportunity to show off what we can do, but more so, we would like to work with you, to develop your
business, upskill your human capital and impact your community positively!
I NEED TO KNOW HOW TO FAST TRACK PROCUREMENT!
INDEPENDENT SUPPLY CHAIN SERVICES – PREFERENTIAL PROCUREMENT ACCELERATION
TrioPlus believes that a well planned and executed Enterprise & Supplier Development Programme leads to a direct proportional impact on Preferential Procurement of an institutional supply chain. For this reason, we have partnered with a Joint Venture Specialist institution with ample experience to design, implement and structured Joint Venture solutions.
The purpose of this offering is to provide existing entity vendors with a structured and managed opportunity to be part of the transformation process while retaining capital & asset ownership. By creating a structured Joint Venture Model with
the required legal and business expertise available together with future mediation and conflict management services, the risks and complications of a Joint Ventures can be addressed.
Joint Ventures are an effective tool to ensure compliance with Legislation as it allows the End-User to work with preferred Suppliers who enter into Joint Venture Agreements with Black Owned Companies. Hence the preferred supplier becomes a Compliant Supplier and focuses on developing the entity or test a sustainable long-term connection within the protection of a Joint Venture Structure.
The process flow of the entire Preferential Procurement Acceleration via Joint Ventures can be illustrated as follows:
Identify possible Joint Venture parties.
TrioPlus and JV Specialist Institution conduct a complete Due Diligence on the parties to address business & legal shortcomings.
Findings and recommendations presented to the mine.
Facilitate negotiation between parties to clarify roles, responsibilities & contributions.
Address developmental gaps of parties within Joint Venture.
Execution of drafting legal agreements to ensure compliance with legislation and aligned with negotiations.
Signing of agreements and incorporation of JV Entity.
Ongoing Mediation & Conflict Management to mitigate possible JV challenges.
THIS LONG-TERM COMMITMENT TO THE JV IS ESSENTIAL TO ITS SUCCESS AND FUTURE GROWTH.
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