CASE STUDY

Analyzing Different Types of Procurement Risks for a Multinational Conglomerate – A SpendEdge Case Study

Dec 11, 2020

SpendEdge, a global supply chain management company, has been offering sourcing and procurement strategy intelligence to leading Fortune 500 business organizations for more than 17 years. Supply chain management encompasses the end-to-end flow of products, information, and money. How the supply chain management process works strongly defines the competitiveness of an organization in terms of working capital requirements, product cost, and speed to market. Our strength lies in delivering robust, real-time sourcing and procurement solutions that help category managers gain powerful insights to align their supply chain management and achieve their business goals strategically and ensure best value delivery.

This SpendEdge Case Study covers critical areas of procurement strategy such as:

Types of procurement risks:

  • Financial risks
  • Corrupt practices
  • Socio-political risks
  • Legal issues

Business challenges:

  • Adherence to compliance requirements in different countries
  • Combing old and new manufacturing units

How were these challenges overcome with the help of sourcing and procurement strategy offered by SpendEdge?

  • Identification of different types of procurement risks
  • Analysing and eliminating the procurement risks
  • Determine macro and micro-economic risks
  • Reduce brand dilution

About the Client:

A leading Fortune 500 multinational conglomerate, manufacturing a multitude of products ranging from transportation, energy, health, and home appliance industries. Headquartered in the United States, with a stellar presence in over 40 countries worldwide.

Why SpendEdge?

We provide highly customized sourcing and procurement solutions to more than 250 global MNCs, including 55+ Fortune 500 companies. Our procurement strategy reports with a vast repository of over 800 sub-categories are aimed to deliver specialized insights to category managers and procurement teams to ensure 100% customer satisfaction. SpendEdge is a global supply chain management company that is driven towards offering smart procurement intelligence to enterprises to help them stay at the top of the game with the help of our expertise in supply market intelligence, procurement strategy, category management, and supply chain risk assessment.

Recent Case Studies

Four Pillars of Procurement Excellence

Four Pillars of Procurement Excellence

How can procurement excellence help businesses improve cost efficiency In recent years, companies have started focusing on procurement excellence to capitalize on their core competencies and keep pace with the rapid rate of globalization and stringent regulations....

read more

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