Having worked in the mining industry for over two decades herself, and in the longer term through the exposure her father and grandfather provided working on the mines and in mining media, this gap was identified in the market and the need for innovative thinking to create an automated, simple to use and understand business to business e-commerce and data reporting solution.
ABOUT US
N-Fuse is a user-friendly business to business e-commerce and data reporting solution. It enables the online buying and selling of goods and services from sourcing through to invoicing for businesses in a centralised virtual store.
The intention is to promote economic transformation and abundance for all by enabling seamless participation of buyer and supplier businesses in a virtual store environment and support the growth and sustainability of previously disadvantaged, small and medium-sized enterprises within communities.
The Importance of Including SMEs in procurement Environments
To meet the requirements of procurement within businesses with the capacities available in communities surrounding each organisation. There needs to be a thorough understanding of local companies and their capabilities, along with identifying potential gaps where localisation, capability and capacity building may be required.
N-Fuse with its comprehensive data reporting and user-friendly nature, can be implemented by buying businesses as an accelerator for SMEs, which will deliver sustainability and growth around supplier development. The solution centralises all community SMEs startups with a proven business model at different levels of capacity, in both the growth phase and stabilisation phase. The focus is on providing meaningful participation in the procurement environment through exposure, access to market and finance which creates opportunities for growth.
The ability to access small, emerging and medium-sized enterprises in a centralised space within communities, profile and track local procurement spend will assist in matching the requirements of procurement within businesses with the capacities available in communities. Furthermore, the comprehensive spend data available to companies through this solution will provide a better understanding of the community’s current capacity, participation and where the potential for growth and opportunity lies for localisation.
Understanding the true nature and value of local procurement within a community through comprehensive data reporting. Will assist companies in achieving the best result around local economic development initiatives. Ensuring all goals for social responsibility are met for the greater good of all.
This will foster long-term relationships with communities that are based on trust and empowerment, creating a fountain of abundance for all.
About N-FUSE
N-Fuse facilitates:
B2B e-commerce sourcing to Invoicing
- Virtual store that matches all possible suppliers by the products or services required for all types of procurement or project pricing and embeds B-BBEEE/ESG considerations into the process
SMME inclusion in procurement
- User-friendly, intuitive, and coach-centric system with community buy-in and a proven track record within communities
- Sustainability in community supplier development initiatives by providing suppliers with access to the market, bridging finance and capability/capacity-building functions
- Ensures allocated community spend for inclusive procurement, supplier, and enterprise development is being allocated and accounted for within the nominated community
- Risk management – mitigates community unrest around systemic exclusion
Centralised supplier database and automated management of compliance
- Suppliers are profiled, products & services hosted in the virtual store and all documentation for supplier compliance is managed and kept up to date
- Add registration button to your website which becomes the supplier portal interface for buying organisations – all new potential suppliers are registered, profiled and categorised by the products and services they offer
Reporting
- Profiles and tracks procurement spend providing access to consolidated accurate, consistent, verifiable supplier profiled spend data for reporting at the click of a button
- The consolidated data and capability/capacity-building functions services’ the requirements around inclusive procurement and supplier development for B-BBEE scorecard and ESG reporting
