Your business is considering the clothing market in the Northern Cape, which is worth about R960 million. This market is relatively stable, with no year-over-year growth, so you won't have to worry about it shrinking or exploding anytime soon. With only 13 suppliers currently serving 6 different departments, it's not overly crowded, which could favour your organisation if you can offer something unique. The Northern Cape government also prioritises procurement from black-owned businesses, with about 66% of the allocation going to these companies, so your B-BBEE level could be an advantage. If I were you, I'd focus on building relationships with the key departments, such as the Department of Education or Health, to increase your chances of securing a contract in this market.
R960K
13
6
R69K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
66.1%
25.7%
16.6%
0.7%