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Quality Components   Technical Expertise   Superior Service   |   PART OF THE PROCESS
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VISION:

Our vision is to be a powerful force in the engineering industry, providing superior technical solutions to our customers. This will be achieved through our leading brands of quality products and the best technical skills available. We strive to be a focused organisation of people and branches trained and dedicated to offering our customers brilliant service.



VALUES:
  • Quality
  • Professionalism
  • Integrity
  • Efficiency
  • Precision
  • Insight
  • Corporate Governance
  • Experience
  • Customer focus
  • Excellence
  • Driven
  • World-Class
  • Leaders
  • Ethics
MISSION:

SUPERIOR SERVICE
  • To offer one source of supply to the replacement, resale and OEM markets, through a network of strategically situated branches,
  • To ensure correct selection and operation of products, in the interests of striving for total customer satisfaction; to provide technical resources, design and advice services.
  • To deliver the correct component at the right time, from a large and comprehensive inventory of quality branded products to customers operating across the broad spectrum of industry.
  • To provide a 24-hour service throughout the year to satisfy the requirements of continuous process and multi-shift operations.

PROCUREMENT
  • To source high quality products from manufacturers dedicated to excellence in design and production, with research and development facilities capable of meeting the demands of advanced technology.

PERSONNEL
  • To employ highly experienced and knowledgeable staff capable of serving the needs of our customers and their industry requirements.
  • To equip our staff with the necessary skills required to meet the future growth, market and service demands of BMG.
  • To treat BMG's most important asset, its employees, with the respect deserving of professionals in their field, acknowledging their capabilities and recognising their achievements.
  • To involve all employees in the achievement of the mission statement by creating a unified team concept.




HISTORY

Bearing Man, a bearing shop, opened in Durban (1974) and gradually expanded its service and product offerings to include so much more than just bearings - a range of the finest, globally recognised brands. The company grew to over 100 branches in South Africa, acquired Fenner Power Transmission distribution 1998, Invicta Bearings in 2000, Springset in 2004 and then Oscillating Systems technology in 2005.

Expansion into Africa continued, with branches opening in Namibia, Swaziland, Zambia, Botswana and Mozambique. In 2006 this powerful force in the engineering industry became a wholly owned subsidiary of Humulani, a company controlled by Invicta Holdings and, in 2007, concluded a ground-breaking BEE deal.

The group of brands did more than excel over time… They flourished! So did staff loyalty to the Bearing Man brand. Their strong company spirit made it one of the most exciting places to work.



ISO ACCREDITATION

BMG is ISO 9001:2008 accredited, ensuring that all our activities conform to the highest assurance systems. As quality is of paramount importance, the management and employees of BMG are committed to complying with the requirements of the ISO 9001:2008 quality standard and shall strive to continually improve the effectiveness of the quality management system. BMG strives to exceed our valued customers expectations, by delivering on the three fundamental aspects of our brand: Quality Components, Technical Expertise and Superior Service.

 





THE BMG ETHICS CHARTER

BMG, its management and all its employees undertake to conduct our business with honesty and integrity and with the highest standard of personal and corporate ethics. This includes the promotion, enhancement, development and protection of our business interests, our reputation, our goodwill, and our commitment to all our stakeholders. We as management will ensure compliance with the Ethics Charter, the Company’s Code of Conduct and Business Practices and all laws and regulations which are applicable. This Ethics Charter will apply to all levels of staff and employees who are required to act in the best interests of the Company at all times. We hereby pledge our unconditional support of the BMG Ethics Charter.

BEE INITIATIVE

Since 2007, Black Empowerment partners have been invited to acquire a stake in Humulani Investments thereby ensuring BMG meets its BEE equity requirements. 20% of new ordinary shares in Humulani have been issued to aloeCap and 5% of new ordinary shares to the Staff Trust. This trust has been established in terms of the mandate given by BMG's shareholders for the benefit of black staff at BMG, as set out in the government's Broad Based BEE Codes of Good Practice. BMG management is committed to the development and implementation of an integrated BEE strategy that aligns with company goals across all levels of business. This includes employment equity, skills development, socioeconomic development and enterprise development.


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EXPANSION INTO AFRICA
BMG has witnessed substantial growth in various engineering sectors in Africa, particularly in mining, sugar, oil and gas and power generation. African sales currently constitute a substantial percentage of our sales turnover. Our strategic vision is to aggressively expand into Africa over the next five years. Areas of focus include Ghana, Nigeria, Angola, Tanzania and the DRC.