Automotive and Tire


Get in Touch
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 helps 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 offers 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 solutions that will help procurement managers 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 as major challenges to procurement managers in the tire industry towards achieving improved cost savings. Employing experienced sourcing specialists with expertise across various categories, SpendEdge 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

Supply Chain Analysis Helps an Automotive Industry Client Improve Forecasting Capabilities

Category Overview Over the past few years, players in the automotive industry have started working towards improving supplier relationship and building trust with suppliers to boost their profits and ROIs. Additionally, automotive industry players are deploying robust supply chain analysis studies to establish an effective procurement strategy and improve the quality and delivery of supply […]

Read more

The Imperative Need of Procurement Process in the Pharma Industry

Today, we can see an increasing trend amongst top companies opting for better procurement management to save costs and remain competitive in the marketplace. Procurement is more than just a cost-cutting tool. By reducing waste and optimizing resources, pharma companies can significantly boost their efficiency. The pharma industry has to tackle a lot of modern-day […]

Read more
Request free proposal