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.
