Category Analysis

Benefit from ‘X-Ray visions’ of costs by category and make that your bargaining chip the next time you negotiate with suppliers.

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How your business benefits

Put cost drivers at the center of category experience

  • Make category decisions based on precise data on cost drivers
  • Accurately estimate the real cost of whatever you are buying
  • Negotiate better supplier rates, especially in times of market volatility

Drive business value with workable insights

  • Obtain relevant patterns extracted from large volumes of data
  • Get a dashboard view of cost drivers and market-shaping trends
  • Drill down to cost elements, raw material prices, and best practices

Ensure category savings with integrated procurement

  • Streamline the purchasing process to uncover hidden savings opportunities
  • Do away with the cost and risks of “dark purchasing”
  • Save the dollars associated with manual validation of transactions

Raise the bar on supplier cost performance

  • Perform comparative studies of suppliers on multiple parameters
  • Undertake supplier cost comparisons for diverse “country sourcing markets”
  • Gain more visibility on supplier costs and predict cost movements

Make fact-based category data a key differentiator

  • Leverage category market intelligence as a dominant differentiator in highly contested markets
  • Anticipate and respond more proactively to cost and price movements
  • Get cost mileage by engaging certified vendors from emerging markets

Increase satisfaction ratings of supply chain participants

  • Ensure fair and reasonable prices for suppliers
  • Speed up discount passthroughs to downstream players
  • Achieve improved demand/supply balance and equitable prices

Why Choose SpendEdge?

Featured Case Study

How SpendEdge Helped CPG Giant Streamline Contract Manufacturer Selection Process

Challenge: Faced with intense competition and the need to improve profit margins, our client turned to SpendEdge for assistance in overcoming their business challenges. One of the main strategies involved migrating cost-intensive operations to low-cost destinations.

Solution: Our team at SpendEdge assisted the client in streamlining their contract manufacturer selection process. Leveraging our expertise and market research methodology, we identified key contract manufacturers for the client’s ready-to-eat product line.

Result: The client successfully addressed their business challenges and achieved improved profit margins and reduced operating costs. All the while, also enhancing product quality and expanding manufacturing capabilities.

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Successfully convince your supplier to sign on the dotted line

Businesses are losing their dominance in the negotiation rooms as power shifts to the supply side. Nevertheless, independent and verifiable cost assessments are solid data points to move suppliers toward win-win closures. A fact-based cost assessment by our experts is sure to get you more legroom in the upcoming negotiation.

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