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Maximizing profit is one of the key priorities for businesses. We analyze all aspects related to production cost, overhead costs, storage costs, inventory handling costs, lead time, supply disruption, and quality problems, among others, in terms of insourcing and outsourcing to offer a comprehensive approach that helps companies determine the most cost-effective manufacturing method
Our experts work relentlessly to check certifications and analyze business processes to identify cost-draining elements, research and development costs, while establishing the pros and cons of make vs buy strategy and the competitive advantage it may offer. To improve feasibility. we offer alternatives for expensive row materials, sustainable substitutes, and suppliers with lower profit margins, such suggestions aid businesses to improve their ESG and avoid supply chain disruption
Make vs buy is not a one-time decision for businesses. To ensure profitability, businesses need to regularly assess their make vs buy decision based on changes in demand and regulatory requirements. We offer the latest updates on commodity pricing billing rates, and changes in taxes and regulatory requirements
We are experts in insight generation. We often compare the strength of our clients and their partners with potential external suppliers and perform a detailed cost-benefit analysis before offering make vs buy advice. Our insights have helped businesses to play based on their strengths and outsource aspects that they lack expertise in
It is essential to have a feasibility report and a cost-benefit analysis (CBA) for a project. This analysis lies within a range of project and plan appraisal methods that seek to apply monetary value to costs and benefits. It is more comprehensive in scope, taking a long view of the…
Read More to see the spendedge blogsThe factors to consider during make vs buy decision are too many and any failure to accurately assess them can lead to cost overrun. Our expertise in insight generations can help you in making informed decisions.
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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.