You're looking to break into the management advisory services market in Limpopo, which is worth about R41 million. This market is quite stable, with no year-over-year growth, so it's not getting bigger or smaller. With 40 suppliers already working with 10 different departments, it's a fairly crowded space, but there is still room for your organisation to make an impact, especially if you can favour black-owned, women-owned, or youth-owned businesses, which receive about 46%, 11%, and 4% of the allocation respectively. To get a foothold, focus on building relationships with the departments that are already active in this space, such as the ones that have been working with the existing suppliers. Now would be a good time to start analysing the current suppliers and departments, and identifying opportunities for your business to get involved.
R41M
40
10
R662K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
46.2%
10.9%
4.2%
0.4%