CASE STUDY

Strategic Sourcing Analysis Helps a Leading Consumer Electronics Retailer Streamline Sourcing and Procurement Process

Nov 23, 2017

Category Overview

Today, the retail shopping behavior and pattern of the customers have drastically changed due to the ease of availability of internet and smart devices. Additionally, with the growing preference for mobile shopping over the traditional methods of shopping, retail firms in the consumer electronics space are looking for promising solutions to streamline their sourcing and procurement processes. request free proposalAs a result, leading consumer electronics retailers across the globe have started leveraging the use of robust sourcing analysis studies. These studies help consumer electronics retailers standardized, centralized, and streamline their sourcing and procurement process across business units.

With years of proficiency in offering strategic sourcing solutions, SpendEdge helps consumer electronics retailers devise superior sourcing and procurement best practices. Additionally, these solutions also help clients decrease their turnaround time for their procurement processes.

The Procurement Pain Point and Insights Offered

A leading consumer electronics retailer was facing predicaments in achieving effectiveness and efficiency across their sourcing and procurement processes. Additionally, the client was also facing difficulties in establishing a flexible resource deployment model to improve their productivity of internal operations. Also, the client wanted recommendations on standardized reporting tools to measure the spend management capabilities across the supply chain.

To cater to the specific business requirements of the consumer electronics retailer, the strategic sourcing analysis experts at SpendEdge tailored a comprehensive research methodology. This all-inclusive research methodology included primary and secondary research coupled with qualitative and quantitative data collection procedures.

During the course of this sourcing analysis engagement, the consumer electronics retailer was able to identify and assess the sourcing strategies in terms of low-cost and best-cost country locations. Additionally, the client was recommended with robust approaches and tools to devise quick strategic sourcing and procurement processes across platforms and business units consequently helping them achieve significant cost savings.

Fundamental questions answered in this sourcing analysis engagement include

Business Outcome 

The strategic sourcing analysis engagement helped the consumer electronics retailer gain actionable insights into the supplier negotiation strategies to engineer procurement best practices across the supply chain. Additionally, the client was able to streamline their procurement efforts significantly.

To know more about our sourcing analysis solutions

request free proposal

Recent Case Studies

Industries

Services

Getting Down To Business

We are offering Free Trials to all our customers or prospects who have been impacted positively or negatively by Covid-19 and are looking to connect with prospect buyers immediately.

Contact us

COVID-19

Featured

Overview

Buyers

Diagnostic Test Kit

Additional Resources
Contact

A LOOK INTO THE FUTURE OF THE FOOD AND BEVERAGE INDUSTRY AFTER THE COVID-19 PANDEMIC

Identifying the Top 100 Coronavirus (COVID-19) Test Kit Manufacturers Across Regions

Sourcing and Procurement Market Intelligence Services

Products and Tools

Featured

Services Overview

Category Market Intelligence

Supply Market Analysis

Low-Cost/Best-Cost Country Sourcing

Benchmarking

Spend Analysis

Cost Modeling and Should-Cost Analysis

Total Cost of Ownership (TCO) Analysis

Supplier Risk Analysis

Supply Chain Risk Assessment

Supplier Sustainability Assessment

Commodity Price Forecasting

Category Management

Supplier Negotiations

Contract Management

Procurement Store

Purchase Ready-to-use Reports

SEinsightsTM

Our Robust Procurement Platform

BizVibeTM

Suppliers and Buyers Marketplace

SUPPLY MARKET ANALYSIS FOR A METAL MANUFACTURING COMPANY HELPS ACHIEVE ANNUAL SAVINGS OF $15 MILLION

Industries

Industries Overview

Automotive and Tire

Banking, Financial Services and Insurance

Biotechnology, Pharmaceutical and Life Sciences

Chemicals

Energy

Food and Beverage

Industrial and Manufacturing

ICT, Media and Entertainment

Mining, Metals and Minerals

Retail and CPG

Transportation

INCREASING LOCAL PROCUREMENT BY 28% FOR A COMPANY IN THE METALS AND MINING INDUSTRY – A CASE STUDY BY SPENDEDGE

Resources

Featured

Resources Overview

COVID-19 Resources

Blogs

Case Studies

Whitepapers

Webinars

Press Releases and Media Mentions

5 KEY CORONAVIRUS RISK ASSESSMENT STRATEGIES TO OVERCOME HEALTHCARE SUPPLY CHAIN CHALLENGES

IDENTIFYING STRATEGIC PURCHASING PRACTICES FOR A COMPANY IN THE US FOOD SERVICE INDUSTRY | SPENDEDGE’S LATEST SUCCESS STORY

Clients

Featured

Clients Overview

Who We Serve

Case Studies

SUPPLY CHAIN MANAGEMENT HELPS AN IMPORT AND EXPORT INDUSTRY CLIENT ENHANCE SUPPLY CHAIN VISIBILITY

REALIZING SAVINGS OF $15 MILLION IN PACKAGING SPEND FOR AN FMCG CLIENT – PACKAGING SOURCING STRATEGY

About Us

News

About SpendEdge
Why SpendEdge?
Vision, Mission and Values
Clients
Social Impact
Global Offices

Press Releases and Media Mentions

Upcoming Events & Webinars