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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Author: George Mathew Key Takeaways Procurement involves acquiring goods and services from external suppliers through...
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SpendEdge helps companies understand their market, evaluate risks and factors impacting business, adopt or develop th...
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Developing a contract and maintaining a robust relationship with suppliers is incredibly challenging, and companies o...
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ClientIndustrySolutionUS-based CPG GiantRetail, CPG, F&B, and PackagingStreamline Contract Manufacturer Selection...
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ClientIndustrySolutionTire ManufacturerManufacturing, Transportation, Logistics, and AutomotivesStreamline Supply Cha...
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Category overview Over the past five years, the electronic components industry has experienced substantial growth, dr...
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From 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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