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.
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