CASE STUDY

Supply Market Intelligence Engagement: How an Organic Food Store Achieved an Annual Savings of $15 Million

Dec 12, 2018

Organic Food Market Analysis

Over the past decade, the organic food market in the U.S has witnessed significant growth. The growth of this market is driven by fundamental factors such as developments in the organic farming sector, consumers’ awareness of the advantages of organic foods, and the implementation of favorable government regulations. Though several new opportunities are expected to accelerate the shift from a niche to a more mainstream market segment, certain factors still pose major challenges for players in the  US market. This not only indicates the high-level of competitiveness in the organic food market but also hints at the fact that new opportunities will eventually help players to overcome such challenges. The challenges in the organic food market generally revolve around the following factors:

Pricing: High prices of organic food, when compared to their conventional counterparts coupled with their short shelf life, are expected to hinder the growth prospects of organic food store.

Inflation: With evolving customer preferences, global organic food stores must stay updated with the latest trends and evolve strategies to meet the customers’ needs.

SE Demo

Why Supply Market Intelligence is Important for Businesses?

With increasing uncertainty in economic markets, organizations across industries are looking at leveraging supply market intelligence to closely monitor the supply market. By analyzing the supply market and enhancing awareness of market challenges, companies will have the data they need to build accurate market strategies and business plans. Also, the strategic use of supply market intelligence paves way for organizations to confront the accelerating procurement challenges.

About the Client 

The client is one of the world’s foremost organic food manufacturer and supplier. The company is based out of the US. 


To know more about the complete scope of this supply market intelligence engagement, Request for a FREE proposal!

request proposal

 

Predicaments Faced 

The client, a prominent organic food store with business units spread across the globe, had a primary objective of improving efficiency and productivity of their procurement function. With the help of SpendEdge’s supply market intelligence, the client wanted to migrate from their current multiple stage procurement process to a robust and automated procurement approach, with the aim of achieving improved productivity and higher savings. Moreover, the organic food market client wanted to enhance integration with the suppliers and manage indirect spend across the supply chain.

SE Demo

Solutions Delivered 

With the help of SpendEdge’s supply market intelligence solution, the organic food store achieved- tighter control and compliance across their business units, obtained better visibility on corporate spend across suppliers and subsequently improved their overall capability and productivity. The supply market intelligence engagement also helped the client cut down direct and indirect costs across their business units by establishing a centralized sourcing and procurement process. The solutions and recommendations altogether helped the organic food store enhance market share, improve ROI and achieve an annual cost savings of $15 million.


Wonder how our supply market intelligence engagement can benefit your business? Get in touch today!

Contact US

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