Leading Power Utilities Company Gains Deep Understanding of Engineering Services Category Landscape
Business Challenge: Lack of clarity of supply market on a country level
A leading provider power utilities company wanted to gain detailed understanding of the supply market landscape for engineering services category at a country level.
Situation: The client wanted to gain detailed understanding of the supply market and assess all critical market level details
The client wanted to assess the market in 7 key European countries and obtain details on parameters including market size, labor productivity, customer landscape, supply chain structure, industry activities and best practices.
Approach: Conducted detailed market assessment at a country level to develop insights and recommendations for improved procurement strategies
We leveraged our local market understanding and domain expertise to help client obtain detailed understanding of the Engineering Services category specific to 7 European countries. We also did an industry best practices assessment to understand and recommend the client on the key parameters that they might have to consider while selecting the right supplier and implement best contracting practices.
Impact: Client leveraged the understanding of supply market and implemented strategies for improved performance
The client was able to gain detailed understanding of the supply market and implement country-level strategies in order to improve the sourcing and procurement processes at an overall level. They were also able to implement best contracting practices and engage with the best of the suppliers in each country.