Challenge: Faced with intense competition and the need to improve profit margins, a CPG business turned to SpendEdge for assistance in overcoming its business challenges. One of the main strategies involved migrating cost-intensive operations to low-cost destinations.
Solution: Our team at SpendEdge assisted the client in streamlining its contract manufacturer selection process. Leveraging our expertise and market research methodology, we identified key contract manufacturers for the client’s ready-to-eat product line.
Result: The client successfully addressed its business challenges, realized improved profits, and reduced operating costs. That’s not all. The business also enhanced product quality while expanding its manufacturing capabilities.
Read more to see the spendedge case studyIn the challenging, versatile, and complex F&B industry, inability to maintain low costs, high savings, constant ...
Read More to see the spendedge blogsBy: George Mathew Key takeaways Procurement is the process of acquiring goods and services from external suppliers th...
Read More to see the spendedge blogsBy: George Mathew Key takeaways What is supplier selection? The process of deciding which potential vendor or supplie...
Read More to see the spendedge blogsLeveraging data-drive strategies and processes to stay ahead of the curve is necessary for substantial, reliable and ...
Read More to see the spendedge blogsStaying ahead of the curve in an evolving industry is incredibly challenging, and companies often face various challe...
Read More to see the spendedge blogsKey Takeaways Engagement Overview: The client, a leading wine and spirits retailer wanted to enhance their category m...
Read More to see the spendedge blogsFrom retail to healthcare, businesses are scraping the bottom of the barrel hoping to find the next opportunity for topline growth or spending cutbacks. Contextualized category intelligence is increasingly the key differentiator.
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