WYSE WEST MANUFACTURING
Wyse West Manufacturing Cooperative was established in 2012 by the Randfontein Local Municipality (RLM) as a business involved in the manufacturing of bricks. The business currently operates from rented premises with a lease agreement of R8400 per month. This company targets local community members, government departments, building contractors, construction companies, cooperatives that have been awarded contracts as well as other businesses operating within their vicinity. The company has employed six members who fulfil various tasks in the company. Wyse West is registered in the RLM’s database as one of their development projects, which subsequently markets the business to various stakeholders. In addition, RLM has provided the entity with a start-up capital to purchase stone, sand and cement. WG Wyn, Drift Dand and RTC Cement sponsored the business with R430 000.
GEP did an assessment on the company’s operations and found gaps with regard to the marketing strategy, human resource policies and procedures, quality management system, financial management system and training (basic business skills, customer care, sales and marketing, costing and pricing, practical tendering, basic financial concepts, project management).
GEP provided business development support based on the assessment findings report. Whilst the company currently uses manual financial records, it will be assisted with an electronic financial management system. GEP further provided exposure through exhibitions at the Rand Easter Show and the Thebe Exhibition.
The business turnover increased from R70 000 in 2013 to the current R210 000. The company had employed additional six people bringing the total number to twelve.