SpendEdge’s procurement intelligence solutions are designed to bring the best outcomes and value delivery from your supplier relationship management.Â
With the growing maturity of supplier relationship management functions and the increasing need for enhanced savings and reduced risks, Supply Market Intelligence (SMI) has become a critical strategic organizational need. Macro factors such as increased social and political instability, volatile market conditions, and increased labor market mobility have intensified the organizational need for reliable, timely, insightful procurement intelligence solutions.
Our supply market intelligence solutions focus on empowering procurement decision makers with powerful and insightful analysis on the overall market dynamics, key suppliers and their capabilities, pricing insights, procurement best practices, cost-saving opportunities, and much more in order to help procurement managers with strategic direction and process improvements for sourcing decisions, negotiation management, and contract sign off. We are capable of empowering procurement centers of excellence (CoE) with powerful market and supplier analysis based on primary and secondary research databases that we have been building since 2003 and continue updating on a regular basis. Whether be it through SpendEdge ready-to-use procurement intelligence reports, our on-demand custom reports generated through RFx processes, or a one-off engagement, our supply market intelligence has served as the backbone of many procurement and sourcing teams to drive great value to their supplier relationship management. We are proud to maintain a high client retention rate across the globe thanks to our very talented pool of 500+ procurement and industry experts and a results-driven approach where we commit to solving 100% of our clients’ problems through actionable solution-oriented insights and custom reports, further compounded by our global footprint and localized expertise.
Whether you are representing a company operating in the private or public sector or work in academia and not-for-profit, we have done it all.
Get in touch with our industry experts to discuss your supplier relationship management requirements and the various engagement models we offer for SMBs and large clients in all sectors and industries.
The process is very transparent, there were multiple touchpoints and feedback sessions arranged to meet our exact expectations and the report has turned out to be very helpful for our category teams.
I am really satisfied with their level of understanding of what our needs are and how the results are sharply focused on such without wasting time on peripheral subjects.
The information was very useful to the category strategy, especially the best sourcing practices model.
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Transitioning your category procurement strategy beyond cost-saving and into a strategic function of the organization.
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.
Keeping pace with rapidly growing competitors, new technologies, evolving trends, and a challenging market can be extremely demanding and complex. In the BFSI sector, companies can struggle to adopt digitization, stay ahead of competitors, and overcome industry risks while meeting consumer demand and preferences. Gaining insight into competitors’ strategies and initiatives, helps understand the market, expect certain changes, evaluate the target market’s reaction to various offerings, and make well-informed decisions. SpendEdge helps companies evaluate competitors’ performance, business plans, offerings, and consumer satisfaction levels, and leverage relevant, real-time data to make crucial changes to the system.
Download our latest whitepaper now to understand more on supply chain trends and best practices to be resilient.
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