TRANSFORMATION
ITB is committed to the long-term transformation of our workforce and our supply base.
B-BBEE CONTRIBUTOR
Novus Holdings and its Group of companies are currently ranked as a Level Two B-BBEE contributor.
Novus Holdings is committed to proactive transformation and attaining the best Broad-Based Black Economic Empowerment (B-BBEE) scorecard achievable to ensure we maximise our commercial prospects in South Africa in a positive and sustainable way.
Our human capital is our core asset and guided by our transformation and equity strategy, we remain focused on strengthening our progressive work environment through skills development, succession planning, and applying diversity of thought in the daily operations of our business.
We strive to continuously attract and retain an employee complement that represents local demographics fairly, both in terms of equity and gender.
To view our B-BBEE Compliance Report please click here.
PROCUREMENT PRACTICES
Proper procurement practices have become a critical component of the overall success of our business.
ITB is committed to supporting local suppliers with a focus on transformed businesses. ITB has also adopted the Group’s procurement policy based on quality and service, and ethical practices rather than on price alone.
In line with modern supply chain principles, consignment stock and / or forecasting models are in existence with a number of key suppliers.
ITB has developed sound and long-term relationships with local polymer suppliers, which is critical for business success in this market with polymer being a key raw material.
