4 Effective Steps to Successful Supplier Selection

4 Effective Steps to Successful Supplier Selection

Selecting suppliers is one of the most critical aspects of any organization. Any inaccuracy in the supplier selection process can lead to poor supplier performance, supply disruptions, and inefficiencies in the business process. However, not many organizations adopt a...
A Market Overview of the Corrosion Inhibitors Market

A Market Overview of the Corrosion Inhibitors Market

Corrosion inhibitors are widely used across many industries to decrease the corrosion rate of a metal or alloy. They are also available in over-the-counter products in the form of a spray with a lubricant or penetrating oil. It is also used in industrial applications,...
Supply Market Overview: Fiber Optic Cables

Supply Market Overview: Fiber Optic Cables

Optical fibers are extensively used in fiber-optic communications, where they permit the transmission of data over longer distances and at higher bandwidths than electrical cables. Fibers are preferred over metal wires because signals travel along them with lower...

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SUPPLY MARKET ANALYSIS FOR A METAL MANUFACTURING COMPANY HELPS ACHIEVE ANNUAL SAVINGS OF $15 MILLION

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INCREASING LOCAL PROCUREMENT BY 28% FOR A COMPANY IN THE METALS AND MINING INDUSTRY – A CASE STUDY BY SPENDEDGE

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Transitioning your category procurement strategy beyond cost-saving and into a strategic function of the organization.

Procurement Trends to Implement in 2023 – Insights by SpendEdge

Procurement Trends to Implement in 2023 – Insights by SpendEdge

Over recent years, there have been various industry developments that served as or caused trends in procurement. These procurement trends include technology changes, novel strategic approaches, new processes, and necessary adaptations to change. As supply chains become increasingly complex, procurement has become highly crucial and influential in the production process and continues to grow.

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Essential Procurement KPIs Every Organization Must Measure in 2023

Essential Procurement KPIs Every Organization Must Measure in 2023

Leveraging insights gained from procurement KPIs can help companies substantially reduce costs, improve quality, significantly enhance speed-to-market, ensure better supplier relationships, and overcome internal organizational shortcomings. However, various procurement KPIs are assigned to evaluate multiple factors, processes, and systems. Still, companies and supply chain managers must learn to identify and focus on the KPIs most imperative to their business, apart from seven necessary procurement KPIs.

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SUPPLY CHAIN MANAGEMENT HELPS AN IMPORT AND EXPORT INDUSTRY CLIENT ENHANCE SUPPLY CHAIN VISIBILITY

REALIZING SAVINGS OF $15 MILLION IN PACKAGING SPEND FOR AN FMCG CLIENT – PACKAGING SOURCING STRATEGY

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