W2 - Organization Management Summary

Mr Price Group Limited (MPGL) is a cash-based value fashion South African retailer. It is publicly listed on
the Johannesburg Stock Exchange.
MPGL had 1.47 Billion Euro in revenue, and a 0.36 billion Euro EBITDA.
The MPGL follows SDGs 6,7, and 12 when sustainably sourcing and consuming raw materials in their
production.
COVID 19 impacted their supply chain and local demand, they had limitations in their local textile
manufacturing. They overcame this by swiftly replacing most at-risk merchandise supported job creation
programs. Strategically selected third-party providers manage the inbound and outbound transportation of
merchandise to stores. The group’s complete stock distribution function, including receiving, storage,
picking, packing and despatch, takes place from its 62 000m2 distribution centre in Hammarsdale.
Their organisation currently has 19’707 associates. They phrase their staff more as partners.
Their main stakeholder that they consider are the customers, suppliers, shareholders, associates (their
people) , and the government and community.
The group builds strategic partnerships with key suppliers to enable it to add value. The group sources its
merchandise from both local and international suppliers. The local supplier base accounts for 45.7% of
total units sourced.