"We have got a very good network of scouts that are doing a lot of work for us," he said at the Nedbank Cup press conference. "Technology is also helping us because we use data to compare and sift and come closer to what we are looking for.
"We know the key performance areas that we are looking for. If we are looking for a dribbler who is maybe left-footed or right-footed, and who has got a high number of assists and goals, box entires and all those things. We look at all of this before we even look at the player."
Mngqithi claimed further that the club's network and ability to analyze data previously saw the club enter the race to sign Colombia international, Luis Díaz, who recently joined Liverpool from Porto, and Brazil star Vinícius Jr, who now plays for Real Madrid.
"We have lost a lot of other players," he said. "One of them [Díaz] has signed for Liverpool now, can you believe it? We should have signed him before he joined Porto. We were on top of Diaz, but unfortunately, we delayed one or two days and he signed for Porto, and now he's at Liverpool.
"We have looked at a lot of players. I don't want to lie to you, you will think I am lying when I say even Vinicius was on our list of players that we should have signed. He was not at Real Madrid yet, we saw him in the Brazilian cup and we were chasing him but we slept a little bit, and the following day he signed for Real Madrid."