Gain competitive advantages and expand sourcing from new and profitable markets through our insights on low cost country sourcing and best cost country sourcing.

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How your business benefits

Improve profit margins

  • Reduction in overhead, labor, and production expenses can improve profit margins
  • Low-cost country offers abundant workforce at low wages, and raw material cost is also low

Diversify supplier base

  • Choose from a wide range of suppliers that are emerging in LCCs as governments in these nations are taking initiatives to attract investors
  • Increase production capabilities and reach scale at lower cost by migrating manufacturing to LCCS/BCCS

Abundant labor at low cost

  • Wages in most LCCs are just a fraction of the first world, and they have high population
  • We analyze businesses and recommend suppliers in LCCs based on their wages rate and skill of laborers

Lower production expenses

  • Sourcing from LCCs helps businesses to cut labor and production expenses as well as increase the volume of production
  • Similarly, economies of scale are larger when sourcing from LCCs

De-risking supply chain

  • Engaging with dual or multiple suppliers can avert supply chain disruption to a great extent
  • LCCS helps analyze cost benefits of engaging with multiple suppliers, thereby averting such disruption

Why choose SpendEdge?

Featured Case Study

How SpendEdge Helped CPG Giant Streamline Contract Manufacturer Selection Process

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.

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The geopolitical volatility in the post-COVID era has drawn importance to sourcing strategies, especially in terms of ensuring a secure supply chain while keeping costs low. Our LCCS/BCCS analysis helps you maximize cost savings.

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