Being an industry that is constantly changing, enterprises in the media and entertainment industry are facing the need to embrace new technologies. Inefficient spend management and difficulties in contract negotiation are some of the challenges for procurement in the media and entertainment industry. With the increased necessity to achieve improved cost savings, procurement managers have the need to deduce mature supply chain and risk management processes that are capable of rapid yet cost-effective adaptations. With the aim to enhance the visibility across the supply chain, our sourcing and procurement market intelligence solutions identify key stake holders across the supply chain, analyze the import/ export scenario across the key trading countries, and offer procurement market intelligence and category specific insights that will help buyers make informed procurement decisions.
Categories we Cover
Media and Entertainment Sectors we Serve
With rapid technological advancements challenging the tried-and-true business models, IT hardware companies are facing the constant need for large capital investments, which demands new sourcing and procurement strategies to mitigate supply chain risks. With a detailed analysis of our clients’ requirements, we at SpendEdge, identify supply chain risks and offer strategic insights that will help sourcing specialists save millions on direct and indirect spend. We also identify cost elements and develop a quantitative cost model that will help enterprises identify efficient suppliers across various geographies.
Though intense competition from the increasing number of tech companies pose a major threat for enterprises in the IT services sector, identifying able suppliers and achieving reduced costs or improved cost savings continues to be the major challenge. By considering different weighted variables and identifying efficient suppliers in various categories, SpendEdge’s procurement market intelligence specialists offer actionable intelligence solutions that will help purchase decision makers minimize overall costs and make decisions that will help them reduce their supplier management costs.
With constantly changing customer preferences and the emergence of innovative technologies, media and entertainment companies are faced with the constant need to source advanced technologies to gain a competitive edge over their competitors. By employing experts in the industry, we offer actionable procurement market intelligence insights that will help clients realize the risks involved in sourcing equipment from suppliers and identify cost-efficient procurement opportunities.