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.
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.
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.
This case study by SpendEdge provides an understanding and benchmarking of key vendors’ cloud offerings in terms of features, price, and services for a leading insurance company
Financial Strategies to Boost Procurement Savings in the Manufacturing Sector: A SpendEdge Success Story
Ever since the first global financial crisis, realizing procurement savings and cost-efficiencies has been the top priority for businesses across all industries. Most companies have taken drastic steps to strip out costs, but the reality is that most procurement...
Procurement Challenges and Solutions for the Food and Beverage Industry – In the recent times, we have witnessed players in the food and beverage industry investing heavily in the latest technological advancements to improve their processes. This trend is contradictory to the cost-cutting mode that was prevalent in the sector a few years back. Companies have started to realize that modernizing their activities is a one- time investment that could reap significant benefits in the long run.
The IFM industry is
expected to be
dominated by REFM
service providers who
possess high technical
expertise in providing
core and non-core
In our latest engagement, we helped a
leading sand mining client minimize
supply chain inefficiencies and improve
the overall on-time deliveries.
Procurement excellence at large primarily focuses on bringing supplier insights, innovation, and information around the company for robust value creation.
SpendEdge is a leading sourcing and procurement intelligence solutions provider, offering supply market intelligence to more than 55 Fortune 500 enterprises for over 17 years. Procurement is an integral part of all business organizations as it helps in the...
Supplier Relationship Management for A Leading Automotive Industry Client –
In our latest engagement, we helped a leading automotive industry client monitor the supply chain, shorten time-to market, increase supplier service, and improve product quality.
Analyzing Different Types of Procurement Risks for a Multinational Conglomerate – A SpendEdge Case Study
SpendEdge is a leading sourcing and procurement intelligence solutions provider, providing services to more than 55 Fortune 500 enterprises for over 17 years.
Best practices in supply chain management process usually lead to growth and prosperity. However, often, the result of all this prejudiced thinking is that these firms trap themselves into being defined as a commodity product provider where price is the key differentiator.
Leading Telecom Player Improves Practices around Purchase Order by Benchmarking Against Peer Group Companies
Business Challenge: Lack of clarity on best practices followed with practices around purchase ordersOne of our leading clients from the telecom sector, wanted to understand what are the best practices followed by peer group companies, when it comes to effective...
Business Challenge: Lack of visibility of performance of key suppliers One of our leading clients, a reputed automotive spare parts manufacturer was looking for a solution that could help them track their suppliers on a real-time basis and understand the risk levels...
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