ICT, Media and Entertainment
The fast pace and disruptive nature of technology in the ICT, media, and entertainment industry is putting focus on ensuring an informed procurement decision.
Contact usChallenges faced by the procurement team
Identifying best-fit supplier
Presence of multiple players having similar product offerings drives focus on identifying the best-fit suppliers.
- We assess the capabilities, pricing, and customer satisfaction of multiple suppliers to identify the ones that would provide you with a competitive edge
- Based on our analysis of your needs, we identify suppliers that align with your objectives. Such collaborations will result in long-term engagements and cost benefits
- Engaging with us will also help in consolidating your supply chain as we can identify suppliers with multiple offerings, thus streamlining the purchase process
Rapid advancements in technology
Rapid changes in technology, especially its disruptive nature, make it difficult for players to stay up to date and assess its long-term impact.
- Technology is fast evolving in this industry. This makes it difficult for players to keep track of the updates and exploit the disruptive technology
- We help to identify technologies that are best suited to your needs, are cost effective, and help meet sustainability goals
- We also analyze the long-term value and viability of the technology, apart from ensuring its compatibility with the existing systems, before offering advice
Effective cost management
Finding the right balance between purchasing a high-quality product and the most cost-effective one is vital.
- We can provide detailed spend analysis, which includes identifying unforeseen expenses such as licensing, equipment maintenance, and software upgrade fees
- We can also help to navigate through complex contracts and offer strategies that can help in negotiating during pricing agreements
- Our cost models not only provide a detailed cost break up, but also provide insights on supplier margins which pave the way for effective negotiation
Industries
IT Hardware
With green buzz gaining popularity, sustainable procurement is going to be the mantra in the IT hardware sector
IT Software
We offer solutions that not only ensure cost-effective procurement of IT software but are also in compliance with the licensing requirements
Media and Entertainment
We can equip you with resources to navigate the ever-changing requirements, complex procurement processes, and budgeting of the media and entertainment industry
Talk to one of Our Experts
Worried about high cost, navigating through disruptive technology, and selecting the best-fit suppliers? Then connect with us today!.
Talk to Our ExpertsFeatured 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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Mismatches between your needs and what your supplier delivers could weaken business performance. By collaborating intensely with suppliers, you can ensure your penchant for KPIs grows on them as well.
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