Challenge: Faced with intense competition and the need to improve profit margins, a CPG business turned to SpendEdge for assistance in overcoming its 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 its 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 its business challenges, realized improved profits, and reduced operating costs. That’s not all. The business also enhanced product quality while expanding its manufacturing capabilities.
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Read More to see the spendedge blogsBeing proactive, data-reliant, and efficient is the most effective way to tackle potential and current risks along th...
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Read More to see the spendedge blogsAuthor: Associate Vice President, Marketing and Procurement Strategy, SpendEdge. The increasing competitive pressure ...
Read More to see the spendedge blogsFrom retail to healthcare, businesses are scraping the bottom of the barrel hoping to find the next opportunity for topline growth or spending cutbacks. Contextualized category intelligence is increasingly the key differentiator.
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