The traditional method of analyzing demand seems to be nearing obsoletion, especially with the rapidly accelerating sales volumes – this calls for significant amendments to demand planning and the subsequent procurement processes.
Navigating the complexities associated with multi-channel marketing requires procurement teams to quickly and seamlessly transition to cloud procurement solutions.
Consumers have never cared more about brand values and corporate and social responsibilities than they do today! Here’s what you can do.
With the unprecedented growth of e-commerce and evolving consumer preferences, retail players have to be on their toes to keep costs down without compromising customer satisfaction.
Responsible sourcing, use of all-natural, healthy ingredients, animal welfare activism – the list of factors F&B companies need to be wary of is endless.
Despite favorable market tailwinds, rising inflation, global conflicts, supply chain disruptions, etc. are overwhelming CPG companies. Reliable procurement intelligence can help be well-equipped to tackle these challenges.
Internet of packaging is at the forefront of the industry’s evolution today. Learn about this and other latest developments to tower above your peers.
Surmounting the tricky terrain of the retail, CPG, and packaging industry landscape is easier than you think!
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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.
Read Moreto see the more on spendedge insightsClassical models of supply-chain resilience don’t seem to be making the cut against unplanned disruptions. This is prompting businesses to build supply lines for the longer term with high bounce-back 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.