To understand changes in market dynamics and constant industry developments, it is essential to analyze factors such as raw material availability, changes in trends and regulations, and future risks. As part of the deal benchmarking process, we assess the above factors, their potential impact on deals and how to tackle challenges and capitalize on growth drivers
As part of our deal benchmarking service, we load our clients with comparable data on transactions and use them for favorable negotiations. We identify negotiation points and aid in justifying proposed deal terms based on market standards. This data would also enhance your chances of reaching a mutually beneficial agreement.
We analyze different deals that are similar to our clients’ requirements to spot potential risks and challenges. Such comparisons also help our clients to develop contingency plans, make informed risk assessments, and improve the possibility of successful execution.
We evaluate various transactions of our clients and their peers against industry standards. Such evaluations help us to identify and suggest areas of improvement to our clients. Benchmarking services also help to evaluate the effectiveness of deal strategies, financial terms, and overall deal performance.
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.
Read More Know about SpendEdge ProcurementOur 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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Gain insights related to your key spend categories, ranging from important updates, outlook, and engagement models, to in-depth supply-chain risk analysis.
Improve supplier selection decision making and supplier relationship management through our services covering supplier identification, supplier updates and alerts, and risk and sustainability analysis.
Improve strategic decision making through our services related to negotiation advisory, best practices, risk mitigations, supplier KPIs and SLAs, and cost optimization mechanisms.
Keep a close look at price movements and forecasts for key commodities and the impact of different cost drivers to formulate effective cost reduction strategies.