Supplier Shortlisting

Maximize growth and drive cost savings by identifying and engaging with the best-fit suppliers leveraging our thorough supplier shortlisting insights.

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How your business benefits

Identify suppliers based on business needs

  • Narrow down the potential supplier base by clearly defining business outcomes
  • Sift through the pool of suppliers to effectively understand the available options
  • Streamline your search to include only suppliers that can meet all or most requirements

Evaluate key supplier KPIs

  • Identify criteria that are crucial to achieve supplier engagement objectives
  • Gauge supplier capabilities based on these criteria
  • Gain detailed information about supplier performance specific to each KPI

Classify suppliers using a positioning matrix

  • Sort suppliers into quadrants based on operational and functional capabilities
  • Rank them to identify best-fit suppliers
  • Get additional information about the most suitable suppliers for engagement

Select suppliers that generate desired value

  • Comprehensively understand what each supplier brings to the table
  • Condense the search to only a select few with the potential for long-term relationships
  • Engage with suppliers by heading straight to the RFP stage

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

Finding a reliable supplier tops the list of challenges faced by any Procurement Manager so their best bet is to be equipped with dependable and well-founded supplier intel.

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