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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From 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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