Supply Chain Risk Assessment

SpendEdge’s supply chain risk assessment is designed to create the most sustainable supply chain management for your organization.

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Overview

SpendEdge assesses both known (predictable) and unknown (unpredictable) supply chain risks to provide up-to-date and precise intelligence on vulnerabilities in terms of the availability of raw materials, fluctuations of global supply and demand, pandemics, and natural and/or man-made disasters, to name a few. Importantly, the impact on each specific supply chain structure can be short- or long-lasting, and will depend on the supplier’s ability to pivot and adjust to address immediate pressures and industry trends. Our team can help your organization proactively evaluate and forecast the resiliency of each supplier’s value chain so that potential detrimental impacts can be identified and mitigated. By better understanding the variables and stakeholders affecting supply chain risk assessment via SpendEdge’s comprehensive datasets from globally relevant sources, your organization’s costs and revenues can be prioritized and maintained.

Our on-demand team of experts can help your organization:

  • Identify, evaluate, and prioritize potential supply chain risks and the impact to your business with respect to import/export logistics and supply/demand pricing models
  • Identify the advantages and weaknesses of your current supply chain, and make recommendations regarding potential risk mitigation strategies
  • Assess the business, regulatory, geo-political, operational, and financial statuses of supply chains
  • Develop contingency plans to ensure continuity of material/product supply
  • Map tier 1 to tier n suppliers of your critical suppliers and assess risk associated with them
  • Establish processes to continuously identify, assess, and mitigate future risks
  • Get the most value of out your supply chains to maintain or increase your profitability

SpendEdge is a full-service procurement market intelligence advisory firm with 17 years of experience and presence across the globe. Our team of 550+ analysts has helped procurement teams better assess supply chain risks and has assisted in devising strategic approaches that result in a sustainable supply chain management. 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 solutions provide actionable insights to enable your organization to adopt a proactive approach to supply chain risk assessment.

Connect with one of our industry experts today to discuss your specific needs and gain a better understanding of the services provided by SpendEdge.

SUPPLY CHAIN RISK ASSESSMENT

Disruption to supply markets during Covid-19 has impacted many SMBs and large corporations. Our Sourcing and Procurment Intelligence service is assisting clients with Covid-19 Impact Assessment.

Typical Coverage Areas and Key Questions Answered

Typical Coverage Areas

  • Supply chain structure
  • Supply trends and forecasts
  • Import/export scenario
  • Current prices and forecasts
  • Profitability across supply chain
  • Supply side risk assessment
  • Demand side risk assessment
  • Geo-Political risk assessment
  • Overall Impact on global supply chain
  • Impact on global commodity/product prices
Key Questions Answered
  • What is the structure and current state of the supply chain?
  • What are the typical risks associated with the supply chain?
  • How are these risks likely to impact the business?

Testimonials

SpendEdge Reports provide every piece of information we look for. Cost Saving Opportunities, Procurement Best Practices, Details on Key Suppliers etc. Very useful for our decision making.

Manager, Procurement Analytics, Leading Pharma Company

The insights were quite granular in nature and were very useful to the category strategy, especially the supplier risk assessment exercise.

VP Procurement, Leading Power & Energy Company

SpendEdge Insights is a very easy tool. I like how easy it is to find reports and the way information is laid out.

Procurement Analytics Manager, Leading Medical Devices Company

Case Studies

CPG Company Utilizes SpendEdge’s Supply Chain Risk Management Solution to Achieve Cost Savings of
Over 11%

Supply Chain Risk Assessment : SpendEdge’s Risk Assessment Engagement for a Food Industry Client

Devising an Effective Supply Chain Governance System for a Mining Industry Client through Supply Chain Risk Assessment

Featured Blog:

5 Key Coronavirus Risk Assessment Strategies to Overcome Healthcare Supply Chain Challenges

Featured Whitepaper:

Impact of COVID-19 on the Medical Device Market: Insights into Top Alternate Sourcing Options to Overcome Supply Chain Risks in the Medical Device Market

Featured Blog:

Battling Supply Chain Risk in Five
Simple Ways

Featured Whitepaper:

Why is Supply Chain Risk Management Important and How Can it be Improved?

Sourcing and Procurement Market Intelligence Services

Products and Tools

Featured

Services Overview

Category Market Intelligence

Supply Market Analysis

Low-Cost/Best-Cost Country Sourcing

Benchmarking

Spend Analysis

Cost Modeling and Should-Cost Analysis

Total Cost of Ownership (TCO) Analysis

Supplier Risk Analysis

Supply Chain Risk Assessment

Supplier Sustainability Assessment

Commodity Price Forecasting

Category Management

Supplier Negotiations

Contract Management

Procurement Store

Purchase Ready-to-use Reports

SEinsightsTM

Our Robust Procurement Platform

BizVibeTM

Suppliers and Buyers Marketplace

SUPPLY MARKET ANALYSIS FOR A METAL MANUFACTURING COMPANY HELPS ACHIEVE ANNUAL SAVINGS OF $15 MILLION

Industries

Industries Overview

Automotive and Tire

Banking, Financial Services and Insurance

Biotechnology, Pharmaceutical and Life Sciences

Chemicals

Energy

Food and Beverage

Industrial and Manufacturing

ICT, Media and Entertainment

Mining, Metals and Minerals

Retail and CPG

Transportation

INCREASING LOCAL PROCUREMENT BY 28% FOR A COMPANY IN THE METALS AND MINING INDUSTRY – A CASE STUDY BY SPENDEDGE

Resources

Featured

Resources Overview

Blogs

Case Studies

Whitepapers

Webinars

Press Releases and Media Mentions

Infiniti Research, Inc. BBB Business Review

Better Business Bureau

Transitioning your category procurement strategy beyond cost-saving and into a strategic function of the organization.

Procurement Trends to Implement in 2023 – Insights by SpendEdge

Procurement Trends to Implement in 2023 – Insights by SpendEdge

Over recent years, there have been various industry developments that served as or caused trends in procurement. These procurement trends include technology changes, novel strategic approaches, new processes, and necessary adaptations to change. As supply chains become increasingly complex, procurement has become highly crucial and influential in the production process and continues to grow.

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Key and Effective Procurement Strategies in the Pharma Industry | SpendEdge

Key and Effective Procurement Strategies in the Pharma Industry | SpendEdge

Technology, procurement, sourcing, and innovation have transformed industry significantly, and companies are struggling to keep pace with the new expectations, standards, and stipulations within the market. As the pharmaceutical industry continues to rapidly grow, companies must leverage sustainable, data-driven, and robust procurement strategies to overcome risks, optimize supplier performance, reduce costs, and increase efficiency. SpendEdge helps businesses develop and leverage unparalleled procurement strategies to gain and maintain a competitive edge, high profitability, increasing efficiency, and reduced costs.

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Clients

Featured

Clients Overview

Who We Serve

Case Studies

SUPPLY CHAIN MANAGEMENT HELPS AN IMPORT AND EXPORT INDUSTRY CLIENT ENHANCE SUPPLY CHAIN VISIBILITY

REALIZING SAVINGS OF $15 MILLION IN PACKAGING SPEND FOR AN FMCG CLIENT – PACKAGING SOURCING STRATEGY

About Us

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About SpendEdge
Why SpendEdge?
Vision, Mission and Values
Clients
Social Impact
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Press Releases and Media Mentions

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