Automotive and Tire


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Digitization, increasing automation, and new business models have revolutionized many industries, and the automotive sector is hardly an exception. However, this industry is facing major challenges in terms of vehicle customization, which consequently increases the cost of integrating new technologies to meet the requirements of end-users. Moreover, regulatory bodies are raising the standard on safety, fuel efficiency, and emissions, which also demands the need to adopt technological advancements. With an in-depth analysis of the present and future requirements and the supplier landscape and forecasting price changes in the short and long term, SpendEdge's procurement market intelligence solutions help category managers make informed procurement decisions and achieve improved cost savings.

Categories we Cover

Direct Materials and
Equipment
  • Metals and alloys
  • Castings
  • Forgings
  • Fabricated structures
  • Sheet metal
  • Cooling system
  • Machined parts
  • Reactors and pressure vessels
  • Heat exchangers, boilers, and cooling towers
  • HVAC systems
  • Hydraulic and mechanical pitch systems
  • Electronic and electrical equipment
Direct Materials and
Equipment
  • Mechanical equipment and components
  • Turbines, pumps, and compressors
  • Motors and drives
  • Electronic components
  • Electrical components
  • Material handling equipment
  • Capital machinery and equipment
  • Process automation and control equipment
  • Construction and building materials
  • Heat exchangers, boilers, and cooling towers
  • Waste management
  • Packaging materials
Indirect Spend
  • Facility Management Services
  • Facility Equipment and Supplies
  • Corporate Services
  • Professional Services
  • Marketing
  • Travel and Entertainment
  • Telecom and Networking
  • IT Services
  • Office Supplies and Equipment
  • Computers and Peripherals
  • Logistics and Transportation
  • Utilities

Sectors we Serve

Automotive Manufacturing

With technological advancements such as the introduction of connected cars to better fuel efficiency and improved powertrains and the changing consumer expectations, automotive manufacturers and suppliers are under constant pressure to innovate their offerings in a limited span of time. However, identifying appropriate supply markets to procure the right products and services at the right price levels comes as the major challenge to procurement managers. Aimed at helping clients make improved sourcing and procurement decisions, SpendEdge's procurement market intelligence solutions offer customized sourcing solutions to identify efficient suppliers across various geographies.

Automotive Components

To achieve improved cost savings, automotive component manufacturers have the need to procure the right automotive parts at the right cost and also ensure their compliance with the industry and government standards. By realizing the complexities associated with procuring raw materials, our procurement specialists make a detailed analysis of the clients’ requirements and offer procurement market intelligence solutions that will help sourcing professionals identify latent saving opportunities and effectively manage sourcing and procurement challenges across various business units.

Tire

In addition to the intensifying competition, the volatile prices of raw materials and the adoption of sustainable green practices pose major challenges to procurement managers in the tire industry towards achieving improved cost savings. Employing experienced sourcing specialists with expertise across various categories, SpendEdge's procurement market intelligence solutions helps businesses identify their cost elements, forecast changes in raw material prices in the short and long-term, and identify suppliers for faster sourcing.

Case Studies

How we have helped our customers

US Metal Enclosures Market: Are Your Spend Management Goals Attuned to the Current Market Trends?

In the backdrop of a tumultuous US healthcare industry, the medical devices sector in the US is raging towards a double-digit consumer spend mark. Such a rapid increase in the spend is paving the way for the advent and sustenance of markets such as the US metal enclosures market, which is now making its mark in the [...]
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SpendEdge’s Tridib Bora on Whether Investing in the Current US Healthcare Industry is Equivalent to Wading in Troubled Waters

A lion’s share of the self-containment in the US economy can be attributed to the thriving healthcare industry in the region. Featuring in the list of the top five best-performing industries, the US healthcare industry is currently witnessing a steady increase in consumer spend and is well on its way towards eclipsing some of the […]

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