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 studyAuthor: Lead, AI & ML Strategy, SpendEdge. Overview of the Case Study Client IndustrySolution Metal manufacturerM...
Read More to see the spendedge blogsThe pharma industry is susceptible to substantial change on a constant basis, and major global crises simply propel t...
Read More to see the spendedge blogsImportance of Category Management Process In the electronics industry, the category management process is essential f...
Read More to see the spendedge blogsAuthor: George Mathew Key Takeaways Procurement involves acquiring goods and services from external suppliers through...
Read More to see the spendedge blogsSpendEdge helps companies understand their market, evaluate risks and factors impacting business, adopt or develop th...
Read More to see the spendedge blogsIn the challenging, versatile, and complex F&B industry, inability to maintain low costs, high savings, constant ...
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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