Category Analysis
Benefit from ‘X-Ray visions’ of costs by category and make that your bargaining chip the next time you negotiate with suppliers.
Contact usHow 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?
Best cost management approaches
Our experts work with more than 200 clients, including several Fortune 500s, to curate high-quality data, so CXOs can make critical choices to minimize multiple risks - financial, operational, and reputational. Our cutting-edge tools go over supplier cost structures to examine them in great detail and figure out the real cost to client businesses.
Leadership in procurement market intelligence
Our experts work relentlessly to push the limits of contextual market research. The success of each client fills us with a certain sense of achievement. Behind every success story is our experience, 20 years and counting, in insights generation. This, along with our automated data tools, will see you through the worst markets.
Rapid and demonstrable ROIs
Measuring returns on market research is hard, but doable. Many of our clients assess potential returns on the dollars they invest in market intelligence. Clients keep coming back to us because the evidence speaks for itself. Metrics indicate their relationship with our specialists is worth the time, money, and effort.
One-stop category management services
Our platform was conceived in the first place as a one-stop for all things sourcing and procurement. So, clients looking for supply-side insights can find all of it in one place. Businesses keen on continuously improving interactions with their supplier network now source cutting-edge market intelligence from our all-under-one-roof hub.
Competitive intelligence for opportunistic growth
We deliver incisive analyses of competitors’ supplier networks, giving up-close views of how they are performing and their risk-taking tendencies. Our experts make sure to build in these and more insights on competitors into our intelligence reports. This is for CXOs who are keen to know what the competition is up to.
Commitment to quality – It’s non-negotiable
Our experts deliver high-quality research outcomes, and they go the extra mile to make things happen fast while ensuring a hassle-free client experience. The research model we live by converges data from multiple sources. The idea is to spare no effort to help clients see the bigger picture of supply-side dynamics.
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.
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.
Talk to Our ExpertsInsights
Explore Our Other Services
Category Intelligence
Gain insights related to your key spend categories, ranging from important updates, outlook, and engagement models, to in-depth supply-chain risk analysis.
Supplier Intelligence
Improve supplier selection decision making and supplier relationship management through our services covering supplier identification, supplier updates and alerts, and risk and sustainability analysis.
Strategy Support
Improve strategic decision making through our services related to negotiation advisory, best practices, risk mitigations, supplier KPIs and SLAs, and cost optimization mechanisms.
Category Cost and Pricing
Keep a close look at price movements and forecasts for key commodities and the impact of different cost drivers to formulate effective cost reduction strategies.