Supplier Shortlisting
Maximize growth and drive cost savings by identifying and engaging with the best-fit suppliers leveraging our thorough supplier shortlisting insights.
Contact usHow 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?
Get Optimized Insights Leveraging our Vast Network of Industry Experts
With their strong business acumen, our analysts break down the supplier landscape at a granular level to help you quickly study the capabilities of suppliers in the market. We use refined primary and secondary research tools to help you identify suppliers that not only meet your basic criteria but also possess the potential for a profitable, long-term business relationship.
Long and Proven Track Record in Supplier Intelligence Excellence
With nearly two decades of experience in delivering reliable supplier intelligence, our insights have helped clients with varying business sizes and scopes find the right match and generate maximum value from their supplier relationship management. This forms the basis for sustainable and healthy engagements during these highly volatile times.
Navigate the Supplier Selection Process the Right Way
Ensuring you select the right supplier plays a vital role in more ways than one. Choosing a supplier for your requirements goes way beyond simply looking at cost alone, and that’s where our team’s expertise will help you distinguish between the importance and impact of each criteria on your business objectives.
Speed Up Business Engagement to get a Head Start
The process of finding a suitable supplier may appear to be a simple task at the outset, but the complexity and nuances involved may result in second-guessing decisions. Our timely and scope-specific insights will make sure you don’t waste any precious time in this pursuit to ensure business continuity.
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.
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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Gain insights related to your key spend categories, ranging from important updates, outlook, and engagement models, to in-depth supply-chain risk analysis.
Supplier Intelligence
Improve supplier selection decision making and supplier relationship management through our services covering supplier identification, supplier updates and alerts, and risk and sustainability analysis.
Strategy Support
Improve strategic decision making through our services related to negotiation advisory, best practices, risk mitigations, supplier KPIs and SLAs, and cost optimization mechanisms.
Category Cost and Pricing
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.