Case Studies
SpendEdge has built a reputation as a global leader of sourcing and procurement intelligence by serving over 50 Fortune 500 clients since 2003. This page is a hub of services and industry insights to help companies compete in an ever changing market landscape.
Supplier Risk Assessment and Potential Risk Factors in Medical Devices Sector
Supplier risk assessment and major procurement pain paints for the medical devices industry. Request a Free Proposal to know how we can help you.
Why Pharma Companies Need Competitor Best Practices in 2023 | SpendEdge
The pharma industry is susceptible to substantial change on a constant basis, and major global crises simply propel that factor significantly. Pharma companies must be prepared for continuous change, and ensure that their systems and operations are sustainable and flexible. Competitor analysis helps companies keep pace with their competitors’ strategies, track major market trends and changes, identify new and effective technologies or growth drivers, and implement necessary changes to stay ahead of the market. The rising competition has been a significant challenge for pharma companies, and caused industry leaders to lose ground to new market entries or expanding businesses, and created an unparalleled need for data-driven strategies, well-informed decision-making, and constant improvement. The regulatory and geographical environment of pharma can also cause challenges for businesses, and lead to a significant need for unencumbered clarity regarding the evolving market, fluctuating factors, and challenging industry. SpendEdge helps pharma companies gain in-depth insights into competitors’ strategies, technologies, and performance with crucial competitor best practices, and enables higher profitability, improved savings, and sustainable growth.
Strategic Procurement in the Pharma Industry | SpendEdge
Understanding the market, implementing unparalleled systems, developing robust strategies, and maintaining strong partnerships are necessary for sustainable success in any industry. As the pharma industry continues to grow, companies are faced with various challenges that require a data-driven, strategic, and sustainable approach. SpendEdge helps companies understand, evaluate, and adopt strategic procurement processes to tackle any risks and complexities, reduce losses, improve overall performance, and become unparalleled industry leaders.
Deal Benchmarking – Automotive Sector | Procurement Market Intelligence
Finding a robust partnership is challenging, and companies often struggle to successfully replicate previously efficient and effective relationships, due to a lack of clear understanding regarding expectations, key metrics to assess, and organizational requirements from potential suppliers. Deal benchmarking is one of the processes that helps companies overcome the challenges pertaining to finding the right partner, establishing a sustainable partnership, and maintaining growth. SpendEdge helps companies efficiently utilize deal benchmarking and find the ideal partners to propel growth, improve profitability, and meet consumers’ demands.
Supplier Benchmarking – Logistics Industry | Supply Market Intelligence
The right partnerships and suppliers help businesses overcome the multitude of challenges and risks that arise in a market, and ensuring the right choice is made, is imperative to maintaining success in a competitive and challenging industry. As companies grow and expand, their partners’ role becomes increasingly influential, and the ideal partner can help attain more success and sustainable growth. SpendEdge helps companies identify the best partners and suppliers for their business, and provides them with the tools to make the right decisions every time they search for potential partners.
Supply Market Intelligence for a leading MNC in the Oil and Gas Industry
Read more to learn how SpendEdge helped a leading MNC in the Oil and Gas Sector with supply market intelligence to lower procurement costs. Request a Free Proposal to know how we can help you.
Competitor Best Practices – Five Pro Tips | SpendEdge
Conducting a competitor analysis can be challenging and requires a comprehensive understanding of the process, insight into the company’s objectives, and efficient competitor best practices. SpendEdge helps companies identify these factors, successfully navigate their needs, adopt the right tools and approaches, and carry out an effective, data-driven, and actionable competitor analysis. This process helps companies identify their shortcomings, target unmet needs in their market, keep pace with industry leaders, and meet industry benchmarks with efficient strategies and accurate data.
Benchmarking of Integrated Facilities Management Best Practices
The IFM industry is
expected to be
dominated by REFM
service providers who
possess high technical
expertise in providing
core and non-core
services.
Key and Effective Procurement Strategies in the Pharma Industry | SpendEdge
Technology, procurement, sourcing, and innovation have transformed industry significantly, and companies are struggling to keep pace with the new expectations, standards, and stipulations within the market. As the pharmaceutical industry continues to rapidly grow, companies must leverage sustainable, data-driven, and robust procurement strategies to overcome risks, optimize supplier performance, reduce costs, and increase efficiency. SpendEdge helps businesses develop and leverage unparalleled procurement strategies to gain and maintain a competitive edge, high profitability, increasing efficiency, and reduced costs.
Intelligent Procurement: Empowering Businesses to Reinvent their Value Chains with the Power of AI in Procurement
In our latest engagement, we helped a leading food service industry client identify potential supplier risks and save massive amounts in their procurement operations. Procurement technology vendors are increasingly focusing on developing solutions that use AI. It includes cognitive procurement advisors (CPAs) and virtual personal assistants (VPAs) that use natural-language processing (NLP) and natural-language generation.
The Importance of Deal Benchmarking in the Logistics Industry | SpendEdge
SpendEdge realizes the importance of real deal benchmarking and encourages companies to maintain high targets, expectations, and performance by providing them insights into the industry standard. In peak competition, rising through the ranks and staying at the top requires unfettered dedication, long-term strategizing, and sustainable partnerships. Our deal benchmarking, contract management, and supplier negotiation advice enables companies across industries and helps overcome previous challenges.
Five Key Pillars to Choosing Your Partner: Supplier Benchmarking for Financial Services Provider
Staying ahead of the curve in an evolving industry is incredibly challenging, and companies often face various challenges in an attempt to meet industry standards and maintain a competitive advantage. As the financial services market continues to grow, companies are struggling to keep pace with advancing technologies, and require the assistance of robust partnerships that can support and propel their strategic targets and business plans. SpendEdge helps companies identify and partner with the right suppliers that encourage the achievement of their goals, enable meeting industry standards, and provide an unparalleled strategic advantage, with the use of data-driven, and comprehensive supplier benchmarking.
Financial Strategies to Boost Procurement Savings in the Manufacturing Sector: A SpendEdge Success Story
As the world enters the challenging post-COVID era, and companies struggle to recover from the massive fluctuations within the market, industries continue to grow and change as time passes. Companies must rapidly and efficiently adapt to this evolving market, and overcome the challenges that have developed within their industry as they continue to expand and evolve according to the market. SpendEdge helps companies identify strategies, processes, and functions that can help mitigate risks, propel efficiency, and minimize the impact of other challenges. Additionally, our experts help companies identify and capitalize on cost saving strategies within the industry, and gain a significant competitive advantage over industry leaders and other organizations in the IT and telecom industry.
In-depth Supplier Risk Assessment for a Leading Player in Industrial Sector
This engagement provided the leading player in the industrial sector with an in-depth information source for supplier data management and risk. The information furnished was utilized by the client’s procurement department, information security department, and data protection officer to actively manage supplier data privacy risks. Additionally, the supplier risk assessment also helped the client to identify high-risk suppliers and received a detailed assurance review at no cost.
Understanding Supplier Risk Analysis in the Mining Industry: Impact, Process, and Benefits
As industries grow, companies begin to realize the crucial role of suppliers and partners on their performance, efficiency, and monetary successes. This has led to a rise in processes, assessments, and systems to assess, evaluate, and improve supplier performance and minimize the impact of potential challenges and risks. All efficiencies, inaccuracies, and operational challenges in a suppliers’ systems can cause major challenges for the company, and supplier risk analysis helps companies identify these shortcomings and mitigate the potential impact they may have on their business. SpendEdge helps companies develop supplier risk analysis assessments, solutions, and sustainable systems to reduce potential future impact, and minimize long-term challenges, as well as increase efficiency, sustainability, and reliability of all partnerships.
Getting Down to Business
We are offering Free Trials to all our customers or prospects who have been impacted positively or negatively by COVID-19 and are looking to connect with prospect buyers immediately.
