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.
Read more to see the spendedge blogsThe beverage industry faces intensifying competition driven by rapidly shifting consumer preferences and regulatory p...
Read More to see the spendedge blogsIdentifying, evaluating, and implementing the right procurement best practices can serve as the major differentiator ...
Read More to see the spendedge blogsStaying ahead of the curve in an evolving industry is incredibly challenging, and companies often face various challe...
Read More to see the spendedge blogsIn the rapidly evolving financial services sector, efficient procurement processes are crucial for maintaining compet...
Read More to see the spendedge blogsSpendEdge emphasizes the value and importance of risk assessment and mitigation and encourages businesses to develop ...
Read More to see the spendedge blogsClient Overview Our client is a renowned alcoholic beverage manufacturing company that produces a wide range of produ...
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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