Supplier Shortlisting

Maximize growth and drive cost savings by identifying and engaging with the best-fit suppliers leveraging our thorough supplier shortlisting insights.

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How your business benefits

Identify suppliers based on business needs

  • Narrow down the potential supplier base by clearly defining business outcomes
  • Sift through the pool of suppliers to effectively understand the available options
  • Streamline your search to include only suppliers that can meet all or most requirements

Evaluate key supplier KPIs

  • Identify criteria that are crucial to achieve supplier engagement objectives
  • Gauge supplier capabilities based on these criteria
  • Gain detailed information about supplier performance specific to each KPI

Classify suppliers using a positioning matrix

  • Sort suppliers into quadrants based on operational and functional capabilities
  • Rank them to identify best-fit suppliers
  • Get additional information about the most suitable suppliers for engagement

Select suppliers that generate desired value

  • Comprehensively understand what each supplier brings to the table
  • Condense the search to only a select few with the potential for long-term relationships
  • Engage with suppliers by heading straight to the RFP stage

Why Choose SpendEdge?

Featured Case Study

How We Helped a Leading CPG Client Optimize Their Supply Chain

Challenge: The client struggled with limited supply chain visibility, inefficient communication, and outdated processes that hindered operational efficiency.

Solution: SpendEdge implemented automation tools, enhanced communication channels, and fostered strong supplier relationships to improve collaboration and transparency.

Result: The engagement led to streamlined operations, reduced errors, increased efficiency, and significant cost savings, ultimately enhancing the client’s competitiveness in the market.

Read the full case study Know about SpendEdge Procurement

Talk to One of Our Experts

Finding a reliable supplier tops the list of challenges faced by any Procurement Manager so their best bet is to be equipped with dependable and well-founded supplier intel.

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