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 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.
Supplier Intelligence, Supplier Intelligence Solutions | SpendEdge
SpendEdge’s supplier intelligence solutions empower procurement organizations to streamline supplier processes to reduce time to market. The experts gain specific supplier insights pertaining to different categories and identify the potential suppliers for client requests before initiating RFPs. Our supplier intelligence solutions enable businesses to monitor suppliers in the supply market and identify supplier risks. Supplier selection and evaluation becomes much easier for clients with our supplier market intelligence solutions and classified information.
Supply Chain Risk Management in the Current Pulse
Supply chain risk management helps companies predict and prepare for challenges of this nature by potentially identifying alternative suppliers, resources, or offerings, to bridge the gap caused by losses from these occurrences.
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.
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.
Future of Procurement in the Digital Age: Planning Today for Tomorrow – Procurement Best Practices
Digitalization is not just transforming the customer experience but is also making significant changes in the way businesses operate, especially by creating new job roles in organization. Let’s discuss.
Risk Management Strategy – Automotive Industry | SpendEdge
Developing and maintaining a resilient, transparent, and risk-free supply chain is crucial to success in the automotive industry, and something companies often fail to achieve due to a lack of strategic efficiency. As the industry continues to expand, companies must stay ahead of the curve, identify and mitigate risks, and overcome the impact of any obstacles with data-driven processes and efficiency. SpendEdge helps leading industry players develop a robust risk management strategy, stay ahead of the curve, and overcome the impact of current or potential industry, market, or supply chain risks.
Four Pillars of Procurement Excellence
Procurement excellence at large primarily focuses on bringing supplier insights, innovation, and information around the company for robust value creation.
Strategic Category Management: Going beyond ‘strategic’ in strategic sourcing
In our latest engagement, we helped a leading beverage industry client develop a robust strategic demand intelligence report. We also helped them to shift toward a consumer-centric environment. Category management is quintessential for retailers as not all merchandise is equally important from a revenue generation point of view. To maximize profit opportunities in retail sales, it is important to master category management.
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.
5 Key Competitor Best Practices that BFSI Industry Players Need to Employ in 2022 | SpendEdge
Keeping pace with rapidly growing competitors, new technologies, evolving trends, and a challenging market can be extremely demanding and complex. In the BFSI sector, companies can struggle to adopt digitization, stay ahead of competitors, and overcome industry risks while meeting consumer demand and preferences. Gaining insight into competitors’ strategies and initiatives, helps understand the market, expect certain changes, evaluate the target market’s reaction to various offerings, and make well-informed decisions. SpendEdge helps companies evaluate competitors’ performance, business plans, offerings, and consumer satisfaction levels, and leverage relevant, real-time data to make crucial changes to the system.
Indirect Procurement – How it can help you? Cost Reduction Strategies in Procurement
Maintaining a competitive edge is challenging and requires data-driven strategies, robust initiatives, and innovative approaches. Most importantly, as industries expand and costs rise, becoming an industry leader requires low costs, high savings, and constantly increasing profitability. Identifying, understanding, and capitalizing on cost-saving opportunities within the system is an effective, accurate, and reliable way of achieving these targets. Indirect procurement is a necessary and complex process that provides companies with various opportunities to minimize costs, reduce risks, and gain a strategic advantage. SpendEdge helps companies identify and leverage effective cost-saving opportunities, with data-driven strategies.
Leading Manufacturing Company Identifies Best Low Cost Sourcing Opportunities with SpendEdge
Discover how SpendEdge helped a leading manufacturing company to identify the best low cost sourcing destinations with procurement market intelligence strategies devised by our qualified sourcing and category management analysts.
Contract Management in the Oil and Energy Sector – Contract Management Plan | SpendEdge
A lack of clarity, transparency, and trust can cause major challenges between suppliers and companies and lead to both parties’ losses. Contract management is a crucial process that mitigates these risks, improves the overall functionality and results of all contracts, and addresses potential risks preemptively. With the guidance of a detailed contract management plan, companies can predict and mitigate challenges, ensure that both parties are prepared for contractual changes, overcome communication challenges, and stay a step ahead of competitors at all times.
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.
