Supplier Risk Analysis
Leaning on timley proprietary and secondary marketing research and intelligence to evaluate the supplier risk profile in order to control and mitigate risks.
Overview
The importance of supplier risk analysis cannot be understated. By identifying the advantages and weaknesses of each supplier’s performance, critical insights into sourcing and supply chains across the industry can be better understood. SpendEdge’s risk analysis experts can proactively assist your organization by providing continuous evaluation of the performance and health of each supplier and their associated operational value chain in order to control and mitigate supplier risk. In the case of single-source suppliers, SpendEdge helps protect against potential disruptions to your organization’s supply chains by providing a thorough industry analysis of business, financial, and sourcing stabilities to identify potential bottlenecks and plan for risk mitigation and worst-case scenarios.
Our on-demand team of experts can help your organization:
- Evaluate the global landscape of suppliers relevant to your product(s) with respect to reputation, production capacity, and performance track record
- Assess the business, regulatory, geo-political, quality, and financial statuses of suppliers
- Perform growth assessment, efficiency, and profitability analyses
- Identify advantages and weaknesses of each supplier
- Make recommendations regarding risk mitigation strategies
- Establish processes to identify, assess and mitigate future risks across suppliers
- Get the most value of out your suppliers to maintain or increase your profitability
SpendEdge is a full-service procurement market intelligence advisory firm with 16 years of experience and presence across the globe. Our team of 550+ analysts has helped procurement teams better understand supplier risk across all stages of the procuring life cycle, and has assisted in devising strategic approaches that result in profitable execution. Our comprehensive insights empower your procurement experts to deliver results in alignment with corporate objectives and KPIs, as well as to better understand leading-edge industry and technology trends. SpendEdge’s procurement intelligence solutions provide actionable insights to enable your organization to adopt a proactive approach to supplier risk analysis.
Connect with one of our industry experts today to discuss your specific needs and gain a better understanding of the services provided by SpendEdge.
SUPPLIER RISK ANALYSIS
Typical Coverage Areas and Key Questions Answered
Typical Coverage Areas
- Growth assessment
- Profitability assessment
- Liquidity assessment
- Efficiency assessment
- Solvency assessment
- Financial restructuring
- Litigations
- Reputational aspects of supplier
- Bankruptcy Possibilities
- Industry analysis
Typical Coverage Areas
- Currency and interest rate risks
- Macro and micro-economic risks
- Regulatory environment
- Quality issues
- Production capacity utilization
- Share price performance
- Risks associated with subsidiaries
- Geo-political risks
- Supply disruptions
- Supplier/sub-contractor risks
Key Questions Answered
- How is the market performing?
- What are the latest trends and developments?
- How is the market likely to shape up in the near and far future?
- What are the key risks?
- What are the procurement best practices?
Results & Testimonials
The insights were quite granular in nature and were very useful to the category strategy, especially the supplier risk assessment exercise.
The SpendEdge reports are very well structured and help us gain quick insights into leading suppliers, pricing models and negotiation strategies. Our team always wanted quick access to such insights, and now is made possible with subscription to the SpendEdge platform.
We appreciate your attention to detail, your prompt responses, your ability to give us updates and information…
Case Studies
Enabling a Construction Materials Company to Unlock Value from Strategic Suppliers through Specific Supplier Insights
SpendEdge’s Supplier Risk Analysis Helped a Leading Transportation Services Provider Mitigate Supply Chain Risks
Supplier Risk Analysis: Helping a Leading Mineral Oil Manufacturer Evaluate and Manage the Ever-Changing Risk Environment
Featured Blog:
Best Ways to Evaluate Suppliers in the Global Active Pharmaceutical Ingredients Market Amid the COVID-19 Outbreak
Featured Blog:
A Step-By-Step Guide for Effective Supplier Risk Management
Featured Case Study:
How Supplier Risk Analysis Helped an FMCG Company Improve Product Quality through the Supply Chain
Featured Blog:
Why is Supplier Risk Management Essential for Organizational Success?
Our Expertise
Category Market Intelligence
Transitioning your category procurement strategy beyond cost-saving and into a strategic function of the organization.
Supply Market Analysis
Enabling companies to achieve procurement maturity, enhanced savings and reduced risks through supply market intelligence.
Low-Cost Country Sourcing/Best Cost Country Sourcing
Empowering you to select the most optimal cost sourcing locations, by understanding prime cost advantages and the associated risks.
Benchmarking
Developing a competitive edge and winning strategy through supplier, price and procurement best practice benchmarking.
Spend Analysis
Optimizing an organization’s spend, by effectively identifying, categorizing, visualizing and evaluating in to order identify savings across the supply chain.
Cost Modeling and Should-Cost Analysis
Obtaining visibility of costs across the value chain to make informed suppliers, pricing, risks and budget-related decisions.
Total Cost of Ownership (TCO) Analysis
Estimating the true cost of doing business, including all direct and indirect costs as the foundation for price negotiations.
Supplier Risk Analysis
Leaning on timely proprietary and secondary market research to evaluate the supplier risk profile in order to mitigate risks.
Supply Chain Risk Assessment
Future-proofing operations and profitability against predictable and unpredictable surprises across the supply chain.
Sustainability Practices Assessment
Transforming businesses and procurement practices with a focus on the triple bottom line value generation: financial, environmental and social.
Commodity Price Forecasting
Activating data-driven procurement planning, assessing pricing-related risks, and supply chain disruptions due to price volatility.
Category Management
Transitioning your category procurement strategy beyond cost-saving and into a strategic function of the organization.
Supplier Negotiations
Positioning sourcing and procurement teams for winning negotiations with current and prospective suppliers.
Contract Management
Increasing confidence and efficiency in contract negotiation and execution, through analysis, insights and best practices.
