Tag: sourcing solutions

IR36

Top 5 PCI Compliance Solutions Provider Securing Digital Payments

The world is moving towards a cashless economy with debit and credit cards being the preferred mode of payments over cash. The number of transactions processed by the card industry is growing significantly, and so is the concern for the security of payments and cardholder’s information. As a result, Payment Card Industry (PCI) compliance laws are put in place to reduce the risk of debit and credit card data loss. PCI compliance solutions include consulting and remediation solutions that help to fulfill the Payment Card Industry Data Security Standard (PCI DSS) and other requirements of organizations. PCI compliance solutions are used across industries such as BFSI, manufacturing, technology, media and entertainment, construction, healthcare, and retail. However, the rapid increase in adoption of digital payments modes within the e-commerce industry is driving the demand for PCI compliance solutions. The procurement market intelligence report for global PCI compliance solutions market forecast a CAGR of 7.3% for the period 2017-2022.

Request Free SampleVerizon

Verizon is an American telecommunication conglomerate and the largest wireless communication service provider in the US. The key services offered by Verizon includes wireless communications, mobility, internet of things, IT solutions and cloud, and business communications. Verizon’s PCI compliance solutions help clients to understand the requirements that affect business, avoid common pitfalls that increase risk, and navigate the road to compliance. In 2017, Verizon released a Payment Security Report, which demonstrated the correlation between organizations PCI compliance standard and their ability to defend themselves against cyber attacks.

AT&T

AT&T provides network, cybersecurity, and mobility services to businesses. The company provides services and solutions to end-user industries such as finance, healthcare, retail, hospitality, consumer goods, and transportation. AT&T offers a robust suite of solutions for PCI compliance including consulting, managed security, strong authentication, and project planning and management services. Here are some of the detailed solutions offered by the company:

Build and maintain a secure network·         AT&T Consulting Firewall Assessment Services

·         AT&T Managed Security Services

·         AT&T Managed Firewall Service

Protect cardholder data·         AT&T Encryption Services

·         AT&T VPN Services

·         AT&T Web Security Services

Maintain a vulnerability management program·         AT&T Endpoint Security Services

·         AT&T Managed Endpoint Security

·         AT&T Consulting Application Services

Implement strong access control measures·         AT&T Token Authentication

·         AT&T Consulting Secure Network Integration

·         AT&T Managed Hosting

Regularly monitor and test networks·         AT&T Internet Protect

·         AT&T Security Event & Threat Analysis

·         AT&T Security Device Management

Cisco

Cisco manufactures and sells networking hardware equipment and telecommunications equipment. It also provides solutions to ensure compliance with standards such as PCI and HIPAA. The company is also a member of the PCI Board of Advisors, Technical Working Groups, and DSS Special Interest Groups. On June 26, 2017, Cisco announced new training and developer programs for its 28,000 networking professionals at the company’s annual user conference to accelerate the adoption of internet-based networking.

IBM

IBM is one of the oldest technology company that provides hardware, software, and middleware apart from hosting services in areas such as mainframe computers and nanotechnology. The company offers a range of services for businesses including cloud services, business consulting, financing, analytics, unified communication services, and compliance services. Recently, IBM announced that it is teaming up with Toronto-based FinTech company, Dream Payments to generate new revenue streams from mobile payment solutions. The partnership has allowed Dream Payments to maintain bank-grade security, scale its cloud infrastructure, and improve PCI compliance and data sovereignty.

Trustwave

Trustwave Holdings in an American company that offers solutions to help organizations fight cybercrime, protect data, and reduce security risks. The company caters to industries such as education, restaurants, payment services, financial services, retail, and government. The company offers around-the-clock support, a full suite of PCI services, access to world-class PCI experts, and security portfolio that enables compliance. In 2017, the company was named the best PCI compliance provider for the second year in a row at the CNP Expo held in Orlando, Florida.

Read more about the top vendors in the PCI compliance solutions market along with pricing models, procurement best practices, supply market insights, and category management in SpendEdge’s upcoming report on the global PCI compliance solutions market.

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IR39

Sourcing Analysis Helps Engineering Services Provider Streamline Sourcing and Procurement Process

Category Overview

Over the years, the Engineering Servicesindustry has proliferated due to the increasing demand for mining, oil, and gas projects across the globe. Additionally, the rising commercial and industrial construction activity have led to rising demand for engineering services industry. However, the lack of government spending on large infrastructure projects and the high cost involved in the sourcing and procurement of raw materials has caused the engineering services industry players to seek out revenue in other industrial segments. Subsequently, to streamline their procurement processes across the supply chain, players in this industry have started adopted sourcing analysis solutions.

Furthermore, SpendEdge’s sourcing analysis solutions help engineering services industry players cut down the turnaround time for their procurement processes.

The Procurement Pain Point and Insights Offered

A global engineering services industry player was facing predicaments in establishing a flexible and quick resource deployment model to increase their efficiency of internal operations. The client also wanted to achieve efficiency and effectiveness across the supply chain through centralization and standardization of their sourcing and procurement processes.request free proposal

To cater to the specific business requirements of the client and help the client streamline their sourcing and procurement processes, the sourcing analysts at SpendEdge tailored a comprehensive blended research methodology, which included primary and secondary research coupled with qualitative and quantitative data collection methods.

This sourcing analysis engagement helped the engineering services industry client devise a robust, standardized, and centralized procurement process across the supply chain. Additionally, the client was able to identify the low and best cost country locations across the globe. This helped them cut down on their maverick spends and achieve significant cost savings.

Fundamental questions answered in this sourcing analysis engagement include

Engineering ServicesBusiness Outcome  

The sourcing analysis engagement helped the engineering services industry client gain insights into robust supplier negotiation strategies to efficiently source and procure engineering services raw materials. This helped the client achieve superior cost savings.

To know more about our sourcing analysis solutionsrequest free proposal

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Strategic Sourcing Solution Helps an Oil Field Equipment Supplier to Identify the Best Cost Sourcing Locations

Category Overview

The demand for oil field equipment is expected to be driven by the rising refining activities and oil extraction coupled with its growing demand across the globe and increasing regional consumption. Additionally, the ongoing effort to discover new oil fields across various untapped regions is promoting the use of different oil field equipment across the globe.

However, according to SpendEdge’s strategic sourcing experts, it has been noted that oil field services in various countries are provided on a contract basis, often with fixed-price contracts. Moreover, unexpected hikes in equipment or material prices, unforeseen logistical or technical challenges, can result in cost overruns for oil field equipment companies. As a result of such challenges, many oil field equipment companies have started adopting for strategic sourcing studies to identify the best cost sourcing locations.

Moreover, the strategic sourcing solutions offered by SpendEdge, help oil field equipment companies devise sourcing best practices.

The Procurement Pain Point and Insights Offered

A leading oil field equipment company wanted to identify the low-cost countries (LCC) and best-cost countries (BCC) locations for its sourcing activities. Additionally, the client also wanted to assess the sourcing suitability across the LCC and BCC locations. They also wanted to gain insights into the cost drivers and risk elements across the supply chain. Furthermore, the client wanted to gain a deeper understanding about their peer company benchmarking by conducting a local supplier base analysis.request free proposal

To cater to the business requirements of the client, the strategic sourcing experts at SpendEdge carried out a comprehensive research methodology, which included primary and secondary research coupled with qualitative and quantitative data collection methodologies.

During the course of this strategic sourcing engagement, the oil field equipment client was given insights about the LCC and BCC locations to carry out their sourcing activities. Additionally, the client was able to assess the suitability of the LCC and BCC locations and gain insights on the cost drivers and risk elements. Furthermore, the client was able to gain a deeper understanding about peer company benchmarking through SpendEdge’s local supplier base analysis.

Key questions answered in this strategic sourcing engagement include

oil field equipmentBusiness Outcome

The strategic sourcing engagement helped the oil field equipment client identify the best cost sourcing locations. Additionally, the client was able to create and implement processes and tools to identify and leverage opportunities for superior sourcing across the supply chain.

Want to know more about our strategic sourcing solutions?

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cyber security

Sourcing Analysis Helps a Car Accessories Manufacturer to Streamline Procurement Efforts

Category Overview

The global car accessories industry is expected to witness significant growth in the coming years as it is primarily driven by the increasing demand for cars and increasing inclination towards vehicle customization. According to SpendEdge’s specialists, it has been noted that the high cost of quality car accessories is one of the factors restricting the growth of car accessories industries as advanced technologies are pricier than the conventional accessories. As a result, many car accessories firms have started adopting strategic sourcing studies to standardized, centralized, and streamline their procurement process.

Moreover, the strategic sourcing studies offered by SpendEdge, help car accessories manufacturing firms decrease turnaround time for their procurement processes.

The Procurement Pain Point and Insights Offered

A leading car accessories manufacturing firm wanted to achieve effectiveness and efficiency through standardization, centralization, and spend management capabilities while tracking key savings metrics. They also wanted to establish a flexible and fast resource deployment model and improve the productivity of internal operations. Furthermore, the client wanted recommendations on metrics and standardized reporting tools. request free proposal

To cater to the specific category requirements of the client, the strategic sourcing specialists at SpendEdge carried out a blended research methodology, which included primary and secondary research coupled with qualitative and quantitative data collection methodologies.

During the course this strategic sourcing study, the client was able to achieve a centralized and standardized procurement process. Additionally, the client was recommended tools and processes to establish a quick strategic procurement process. This helped the car accessories manufacturer achieve significant cost savings.

Key questions answered in this strategic sourcing study include

strategic sourcing

Business Outcome

The strategic sourcing study helped the client create and implement processes and tools to identify and leverage opportunities for strategic sourcing. Additionally, the client was able to significantly streamline their firm’s procurement efforts. Furthermore, the client was able to streamline numerous operations across their suppliers and reduce costs.

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IR7

E-Sourcing: An Essential Component in Devising a Good Sourcing Strategy

E-sourcing is simply the digitization of the sourcing process which involves consolidating proposals, quotes, and e-tenders from various suppliers. Traditional sourcing processes are time-consuming and tedious and are unable to handle a large volume of information. As a result, sourcing of goods and services is carried out with limited available information and is based on the relationship with the supplier. However, the advent of modern technology has changed this trend as organizations have now realized the cost saving potential of a good sourcing strategy.

Implementation of an appropriate e-sourcing tool can help optimize productivity and lower annual spends in the following ways:

More Data Leads to Informed Decision Making

Data and information on supplier prices and offerings are easily recorded within the e-sourcing application, which also facilitatesGet more info digital quotations, catalogs, and e-tenders. A procurement manager is equipped with vast information to base his decision on as it enables him to invite multiple bids from different suppliers, analyze product and price offerings, and contract terms of multiple suppliers. The data collection process should start right from the spend analysis, which gives the procurement manager information on most important categories and best cost saving opportunities. This paves the way for e-sourcing project selection by evaluating top opportunities with regard to organization goals and Time to Value (TTV).

Cost Savings and Improved Efficiency

Access to a large number of suppliers, analysis of their offerings, and process digitization helps organizations maximize on cost-saving opportunities. It also speeds up the procurement process by reducing the time for the tender process, reducing the person hours required for sourcing and procurement activities, and eliminating lengthy paperwork.

Improvement in Supplier Relationship

E-sourcing provides transparency in transactions between buyers and sellers as suppliers can have a glance at all tender opportunities with all the details listed. The communication delay is eliminated as suppliers are fully aware of all the bids and tenders, which are directly processed through the portal. Since e-sourcing eliminates all geographical barriers, procurement managers can look forward to suppliers from much larger geographies.

Better Compliance and Risk Reduction

Digitization and systematic approach of e-sourcing eliminates lengthy paperwork for contract compliance adherence – facilitating internal audit. With the help of e-sourcing, procurement managers can create templates for sourcing activities, which ensures adherence to policies and conditions.

A purchasing manager is presented with a vast amount of data and information for his sourcing needs. It paves the way to devise a better sourcing strategy by helping the purchasing manager to decide on the appropriate RFx document.

To know more about e-sourcing and how it can help in effective procurement:

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Related Articles:

  1. Building A Strategic Partnership Between Procurement and Marketing
  2. Strategic Sourcing and Supply Market Intelligence – Best Friend’s In The Making?

 

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Analyzing the Trends in the Food Preservatives Sector Through Supply Market Assessment

SpendEdge’s supply market assessment on food preservatives helps companies in the food and beverage industry to gain a holistic overview of the market and to understand the decisive factors on shortlisting the suppliers.

Food preservatives – market a glance

Food preservatives reduce the growth of microorganisms and changes in texture, color, and taste that eventually make the food unsafe and inedible. These products are extensively used in the food and beverage industry to prevent premature decomposition and preserve texture, essence, edibility, and nutritive value of food products. Food preservation is used to extend the shelf life and prevent bacterial formation in dairy products, bakery products, beverages, snacks, meat, and seafood items.  The growing need for expediency and increasing complexities in the food supply chain is augmenting the market for food preservation. The side effects of chemicals and other additives is driving the demand for natural preservatives, and growing awareness about these products will revolutionize the food and beverage industry. Moreover, natural or organic preservatives are gaining popularity in the meat, poultry, and seafood segments as it reduces that risk of food poisoning. The supply market assessment by SpendEdge help companies in the industry to improve their supplier relationship management and cost components for superior contractual terms.

The demand for frozen, packaged, and ready-to-eat food products are driving the demand for food preservation in the market. Urbanization has resulted in new habits and preferences for international food trends that are raising the requirement for products with extended shelf-life. Ready-to-eat meals reduce the cooking, preparation, and clean-up time and are prepared using a microwave in minutes. These meals are prepared in advance and stored in freezers; food preservatives are added to extend the shelf life and ensure the original texture, color, and taste is maintained.

Introduction of predictive microbiology

Predictive microbiology is a food preservation technique with the use of natural ingredients and processed such as salting, drying, and fermentation. The modern model studies the behavior of a bacterial population exposed to a specific environmental condition and then are used in various food and beverages to preserve these products naturally. These new techniques are developed to reduce the use of harmful chemical products and develop sustainable ways to cater to the demands of the industry. The method also focuses on food safety and quality to ensure that there are no side effects of consuming these products.

Solutions SpendEdge offer to businesses

SpendEdge’s recent supply market assessment on food preservation analyzes data from different industry journals and reports, industry databases, white papers, and company presentations to derive important insights into the market.  The solutions offered includes:

  • Identify the key suppliers in the food preservatives market and negotiate contractual terms
  • Provide a thorough understanding of the supplier relationship management and crucial cost components
  • Evaluates the decisive factors price negotiation strategies and supplier’s performance criteria
  • Help the client build strong and robust supplier relationship model and pricing models
  • Provide a complete breakdown of the supply landscape of the food preservatives market in terms of service level agreements

Read our complete case study titled – Supply Market Assessment for Food Preservatives Helps a Food and Beverage Company

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IR19

Automotive Manufacturers Leverages Digital Marketing Platforms for Business Expansions

The latest supply market intelligence study by SpendEdge on digital marketing helps companies in the automotive industry identify cost-saving opportunities and primary cost components in digital marketing and advertising.

Digital marketing in the automotive sector

The extensive use of the internet and wireless media to promote products and services across industries is creating a market for digital marketing. Leading automotive suppliers are investing in the development of the effective digital marketing strategies to expand their business and market share. Advertising on digital platforms including online, electronic, and digital platforms accelerates the rate at which vendors can access a larger customer base and increase their visibility. These platforms are competitive advertising channels as it offers cost-effectiveness and flexibility to the suppliers. Online advertising and branding are transforming the automotive industry, suppliers understand the customer behavior and assimilate their target audience through these online portals. The websites or social media platforms are used by vendors to announce the launch of new product lines and create a curiosity amongst its customers. Moreover, suppliers are also using content marketing to increase the product options for the customer and help them select the best vehicle that matches their requirements and specifications.

SpendEdge’s supply market assessment on digital marketing for the automotive industry provides detailed understanding of the supplier engagement models, supplier performance evaluation criteria, supplier relationship management, and price negotiation strategies. The study also offers comprehensive information on the regional and global supply market landscape and the standard cost structure. The manufacturers are focusing on building a strong social media presence to evaluate the level of competition and understand the needs of the customers. Discussion boards on Facebook, Twitter, Pinterest, and LinkedIn can be utilized to create a better brand image and increase their popularity in the market.

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Personalizing ad campaigns

Automotive suppliers are personalizing the digital experience for their existing and target customers. The manufacturers are integrating social network newsfeeds with the advertisements of products that they viewed and showed interest in. This way, the suppliers can personalize the advertisement that matches the requirements of the customer. Some of the companies are sending email offers and discount coupons that are designed specifically for a particular customer. Evaluating customer data from social networking sites will help companies to streamline and design more intuitive marketing and advertisement campaigns.

Solutions SpendEdge offer to businesses

The supply market intelligence study on digital marketing for automotive companies analyzes data from industry blogs, reports, and journals and provides a deep-dive assessment of the supply market for the digital marketing domain. The solutions offered includes:

  • Provide overview of the pricing models, supplier relationship management, and service level agreements to help shortlist suppliers
  • Offer strategies to result in efficient supplier relationship management and improve contractual terms
  • Deliver insights on price negotiation strategies to ease the overall process of selecting and evaluating suppliers
  • Offer insights into the supplier cost breakup and suppliers’ performance evaluation criteria

Read our complete case study titled – SpendEdge’s Supply Market Intelligence Helps a Leading Automotive Company

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IR23

Innovative Outbound Telemarketing Practices to Boost Sales in the Automotive Industry

SpendEdge’s latest supply market intelligence on outbound telemarketing helps companies in the automotive sector identify and find the right supplier and procurement partner that will optimize their productivity and reduce the roadblocks.

Demand trends for outbound telemarketing

Phone calls to potential customers to buy products and services is a direct marketing technique called outbound telemarketing. Leading service providers in the market are providing multi-channel services such as digital marketing and face-to-face trade marketing with telemarketing services. Outbound telemarketing services comprise of telesales, lead generation, and up-selling and cross-selling activities. Suppliers are adopting telephone, e-mail, and SMS services that provide higher conversion rates and increases productivity. Additionally, service providers are leveraging technology to help enhance agent productivity, offer value-added services such as database scrubbing, and post-call analytics. Outbound telemarketing in the automotive industry helps manufacturers boost their sales revenue and offer aftermarket services to customers. These services help suppliers increase the customer satisfaction and result in higher retention rates. The supply market intelligence study by SpendEdge helps companies in the automotive sector to enhance their procurement practices. The study also assesses suppliers, identifies cost-saving opportunities, and improves category management.

The integration of omnichannel marketing and outbound telemarketing will help manufacturers in the automotive industry to increase the response rates and boost customer loyalty. These strategies are designed to have multiple touch points that result in better customer engagement. Telemarketing is an effective tool used as a follow-up method for posts on the different social media platforms and SMS services used by the suppliers. This integration effectively augments the productivity among the selling agents and helps them analyze the customer buying pattern.

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Big data analytics for call monitoring

The adoption of call data analytics and historical trend analysis are conducted to improve the productivity of the campaign and increase the sale per contract. Big data analytics aims to reduce the cost associated with each sale and improve the productivity of the agents. Analyzing the call patterns and conducting market research reports on call history helps the sale force to gain insights into the time that is ideal to contact prospective leads. Furthermore, the companies are leveraging new technology such as automation that boosts the efficiency, accuracy, flexibility, and intellect of the agents.

Solutions SpendEdge offer to businesses

SpendEdge’s supply market intelligence study provides automotive companies a clear perspective of the supply market for outbound telemarketing services and analyzes the future growth prospect. The solutions offered includes:

  • Provide a detailed overview of the latest trends in sourcing and procurement, supply market, pricing models, and cost-saving opportunities
  • Offer a breakdown of the cost-optimization levers, price negotiation strategies, strategic sustainability practices, and sourcing and procurement best practices
  • Provide an understanding of the supply market landscape by identifying the different areas of improvement in terms of output, process, and automation
  • Design strategies for price negotiation, indicative pricing, cost-saving opportunities, and category risk analysis
  • Deliver insights into the supplier cost breakup and suppliers’ performance evaluation criteria

Read our complete case study titled – Supply Market Intelligence Study Helps a Leading Automotive Company

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Supply Market Intelligence Study Helps a Nutrition Product Manufacturing Company Identify Vitamin C Suppliers

SpendEdge’s recent supply market intelligence assessment for a leading nutrition product manufacturing company provides comprehensive information on supplier positioning, supplier cost-breakup, and performance evaluation process for the suppliers.

Nutritional trends in the market

The demand for natural, functional and organic ingredient food products is revolutionizing the food and beverage industry. The majority of food and beverage manufacturers and retailers are focusing on developing products that are rich in nutrients and are healthier alternatives to surgery and high-carb products. The new-age products introduced in the market are a good source of various fortified nutrients, including minerals, proteins, vitamins, carbohydrates, and fats. The increasing number of obesity cases and diseases associated with unhealthy food habits is encouraging manufacturers to launch products that promote the overall health and well-being of the consumers. These products are specifically designed to help with the well-being of the brain, heart, digestive, and immune health. The market for nutritional food and beverage items is also driven by the popularity of sports nutrition products and the promotion of sports nutrition in the consumer service sector.

The supply market intelligence study by SpendEdge on nutrition products provides companies a thorough understanding of the aspects of the category in terms of the supply market and best practices adopted by the industry. The assessment also offers detailed insights on the supply market landscape in terms of supplier positioning, supplier cost-breakup, and price negotiation strategies. The demand for nutritional supplements that burn fat, regulate healthy blood glucose levels, and speed up the metabolism is encouraging suppliers to implement these solutions to gain access to a larger market.

Growth of plant-based and performance-boosting ingredients

The demand for natural products that have no side effects and that are derived from good food sources is gaining popularity in the market. These are nutraceuticals products that provide extra health benefits and help people to achieve their health goals faster. Performance-boosting products such as creatine, beta-alanine, nitrous oxide, androstenedione, and caffeine are very prevalent in the sports market. These products help athletes replenish, recover, and refuel at a faster rate and increases their performance levels. The suppliers are also investing in the development of raw, organic, and non-GMO (genetically modified organisms) sports nutrition products to increase their customer base and profitability.

Solutions SpendEdge offer to businesses

The supply market intelligence study by SpendEdge helps procurement managers and industry experts to analyze the demand trends and competition level in the market. The solutions offered includes:

  • Identify the right vitamin C suppliers across the globe with better long-term contractual terms
  • Provide a better understanding of the procurement best practices and cost reduction levers
  • Offer a holistic overview of the key parameters for selecting suppliers and assess the competitiveness in the market
  • Analyze the profit margins, supplier cost structure, and pricing benchmarks for a better supplier engagement model
  • Deliver information on market landscape in terms of supplier cost breakup and suppliers’ performance evaluation criteria

Read our complete case study titled – Supply Market Intelligence Solution Helps a Leading Nutrition Product Manufacturing Company

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IR26

Assessing the Supply Market for Pertinent Contracted Workforce for Manufacturing Companies

SpendEdge’s latest supply market intelligence on contractual temporary workforce helps manufacturing companies identify the top suppliers in terms of contract terms and agreements, service offerings, and revenue.

Temporary/contractual employment trends

The increasing requirement for skilled employees across industries is boosting the demand for temporary or contractual employment. The demand for temporary staff is usually attributed to the need for specific tasks or during specific periods and provides an opportunity to test new employees before hiring them permanently. Technological innovations such as applicant tracking system (ATS) and customer relationship management systems (CRM) tools are enabling organizations access to larger talent pools and results in a quick hiring process. Companies are also leveraging technological innovations to maintain a database of job applicants and use it to source candidates when the requirement is high or time sensitive. The supply market intelligence study by SpendEdge on temporary or contractual employment provides a comprehensive knowledge of the several aspects of supply market such as price negotiation strategies, supplier types, and performance evaluation criteria. The study also helps companies assess the supply market for contracted workforce and identify potential growth opportunities in both domestic and international markets.

In 2015, the industrial sector employed around 35% of the total temporary and contract employees in the market. The phenomenal growth of the industrial and manufacturing sector is creating immense employment opportunities for economically backward communities. This sector offers flexible and dynamic workspace and ensures higher mobility of the temporary employees. The growing need for skilled-based labor is driving the demand for temporary employees in this industry.

Developing centralized procurement solutions

The widening skill gap is encouraging organizations to implement centralized procurement solutions to adapt to the dynamic trends in the staffing market.  The introduction of these solutions will help companies to optimize their supply management operations and result in procurement transformation. These systems are designed to evaluate the metrics of the procurement business processes, current procurement talent management practices, performance metrics, and tools. Centralized procurement solutions help improve the talent management operations and ensure strategic sourcing processes.

Solutions SpendEdge offer to businesses

SpendEdge’s supply market intelligence on temporary or contractual employment helps manufacturing companies assess the supply market dynamics, price negotiation strategies, market trends, and key supplier engagement models. The solutions offered are listed below:

  • Offer comprehensive information on suppliers’ service offerings and cost structure, factors influencing contract terms, pricing, and service level agreements
  • Help shortlist the best-suited contracted workforce suppliers in the market
  • Provide a detailed overview on how to reduce the overall category spend, benchmark the pricing standards, and effectively identify the top suppliers
  • Deliver insights into the supplier cost breakup and suppliers’ performance evaluation criteria
  • Design and develop strategies to improve the sourcing and procurement process

Read our complete case study titled – SpendEdge’s Supply Market Intelligence Helps a Leading Manufacturing Company

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