Deal Benchmarking

Compare potential contracts and partnerships with suppliers by analyzing how they fare against competitors on parameters such as pricing, discounts, SLAs, etc.

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How your business benefits

Identify cost-effective option

  • Helps companies identify the most cost-effective options and ensure their potential partnerships and business deals have the same standard as them
  • High demand, strict regulations, and constant innovation lead to high expenses

Strengthen business decisions and strategies

  • As part of deal benchmarking, businesses can analyze their competitor and industry leaders’ strategies and technology, among others
  • Such analysis aids CPOs and supply chain managers to make research-driven business decisions and strategies

Stay ahead of competition

  • Deal benchmarking process can help companies stay ahead of the competition by closely evaluating competitors’ strategies, goals, and current or potential deals and partnerships
  • Such evaluations aid in formulating data-driven strategies

Identify best-fit suppliers

  • Deal benchmarking enables companies to identify, analyze, and prepare comprehensive strategies
  • They can also identify major needs and requirements, the ideal industry standard for deals and contracts, and the best suppliers and vendors to partner with.

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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Talk to One of Our Experts

Our experts help to mitigate the constant changes in demand, requirement for innovations, and consumers’ changing needs, especially in this post-pandemic era.

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