Bearing Man
“The company, which has expanded significantly over 34 years to become Africa’s largest specialist distributor of bearings, seals, power transmission components, electric and geared motors, belting, fasteners and filtration, is set to double the size of its business over the next five years,” says BMG’s CEO, Charles Walters.
“The team’s commitment to increasing annual revenue to R5-billion will be achieved through organic growth with existing customers and suppliers, as well as the acquisition of new customers, distributorships and select value adding companies.
“With an annual turnover of R1,55-billion, 14% up on last year, BMG is already well on its way to achieving these ambitions.
Growth will be supported by enhanced marketing of products and services through the re-branding programme, improved efficiency in our supply chain following a full logistics review and a superior service to customers by uplifting the skills of our staff.”
Valuable information from a customer research programme has been central in planning the way forward for BMG to play an increasingly important role in the South African industrial economy.
A key growth area is the optimisation of energy consumption and efficiency in diverse industries. BMG is committed is to becoming an integral part of the productivity and operations of each customer’s business.
By providing engineering solutions and technical services that optimise productivity, BMG will enhance its product and service offering to make a difference to the efficiencies of every plant.
BMG’s new logo has three arcs which represent technical expertise, quality components and excellent service. This icon is supported by a slogan ‘part of the process’ which emphasises the critical role BMG plays in the success of each customer’s operation.
The Bearing Man Group’s pledge to service excellence is achieved by constantly assessing market requirements and by expanding the product range and branch network to meet demand. The group has concluded a number of acquisitions and secured the exclusive supply, service and distribution agreements with some of the world’s most respected manufacturers of leading engineering components.
As a subsidiary of Invicta Holdings, BMG is committed to transformation and upliftment in line with the government’s broad-based black economic empowerment (BBBEE) initiative. Invicta’s BEE partnership within the Humulani Group, as well as increased preferred procurement, training and skills development and enterprise advancements, ensures a continuous improvement in the group’s BEE rating under the BEE Codes.
BMG is dedicated to quality, safety, skills transfer and social upliftment. As Bearing Man, its ISO 9001:2000 Quality Management System (QMS) certification was obtained in 2003 and re-certification has been confirmed until December 2009. The company’s commitment to a safe and healthy working environment for customers and employees is demonstrated by the implementation of OHSAS.
The introduction of a newly developed ‘Academy of Excellence’ forms a critical part of BMG’s growth programme and will instil in the company a culture of learning and knowledge sharing.
Skills training, which encompasses a strong focus on technical, selling and service, as well as management and financial skills, will empower staff to help drive and deliver enhanced customer service and business objectives.
Various SETA accredited training courses, including bearing maintenance, power transmission product design and vibration analysis, will also be made available to key customers.
With over 120 outlets in Southern Africa, BMG is strategically positioned to service all sectors of business, including agriculture, mining, steel processing, robotics, sugar, paper and general engineering, as well as the automotive sector.