How We Help Buyers
Buyer sourcing and procuring activities have been deeply impacted by the coronavirus pandemic, demand fluctuations, supply limitations, and labor market lockdown. At SpendEdge we understand the critical need to respond swiftly to ever-changing market dynamics in order to ensure business continuity for procurement and supply chain during COVID-19. Our sourcing and procurement market intelligence is helping companies define and transition to the new ‘normal.
Our team has over 17 years of expertise in providing on-demand procurement market intelligence solutions and ready-to-use market intelligence reports. We develop customized intelligence studies that could help you assess potential risks, understand the level of impact, see what others in the industry are doing and also develop effective mitigation strategies to overcome challenges posed by COVID. We are here to help your sourcing and procurement teams make informed business decisions, manage risks, and maximize value during these uncertain times.
Market Intelligence Services
Sourcing and Procurement Market Intelligence Services
Our procurement market intelligence solutions help businesses to closely monitor supply market conditions and devise effective strategies for sourcing and procurement excellence. By offering in-depth procurement and supply market intelligence insights, we help businesses maximize their ROI.
- Ongoing credible updates on the current situation and developments
- Mitigation measures for overall country-specific supply chain operations
- Travel restrictions at a country level
- Government policies (import/export bans) & implications at a country level
- Second/dual/alternate sourcing options to mitigate supply chain risks
- Quick audit of second source supply chain
- Predictive models to assess country/region-wide scale of impact
- Long-term assurance of supply consulting for direct materials
- Tracking commodity price movements and shortages
- Enterprise-level business continuity roadmap consulting
Access to BizVibe – a tool that revolutionizes supplier tracking
In addition to our custom advisory solutions to help you navigate the challenges in procurement and supply chain during COVID-19, we assist our clients with valuable access to BizVibe Buyers Network. We will maximize the potential of BizVibe to identify and source suppliers for your products and/or services. The end result will be a suppliers’ intelligence report to equip your team with actionable decision-making in no time.
Client Testimonial on COVID-19 Impact Assessment
“I was impressed with the quality of market analysis information, procurement strategies comparison, pricing insights and also the non scope added material regarding COVID-19 impact on Fuel procurement. This information has been very useful for us to decide best procurement strategy.”
Sourcing Director, Leading F&B Company
Examples of SpendEdge Impact Assessment
Our team has been at the forefront of assessing the COVID-19 impact across industries. We are working with clients to provide real-time accurate data and insights on their procurement activities, short- and long-term strategies, and supply chain risks.
Building Resilience. Adapting to the New Normal
Let us continue to be there for you, as your strategic partner to guide you through our market intelligence research, insights and data to make the most effective and strategic decisions in the face of global uncertainty.
More about COVID-19 Impact
See how we help buyer’s procurement teams with category management.
Identify new supplier sources, assess risks, and lower costs while maximizing value.