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How Supply Management Solutions Helped a Sporting Goods Company to Improve Their Business Cost Structure | SpendEdge

LONDON–(BUSINESS WIRE)–lt;a href="https://twitter.com/hashtag/MarketIntelligence?src=hash" target="_blank"gt;#MarketIntelligencelt;/agt;–SpendEdge, a leading provider of procurement market intelligence
solutions, has announced the completion of their supply
management study for a sporting goods manufacturer
.


Project background

The client wanted to reduce the splurge and streamline inbound logistics
from different countries to ensure the timely supply of materials and
services. To do so, the client approached SpendEdge to leverage their
expertise in offering actionable supply management services.

  • Objective 1: The company wanted to enhance their operational
    efficiency and improve the bottom line.
  • Objective 2: They were also interested in exploring the new
    methods of obtaining and managing raw materials.
  • Looking for detailed insights? Request
    a free demo
    from our experts and analyze the factors
    affecting the supply of materials and services.

“A supply management system is a must for companies to ensure timely
supply of materials and services. It allows them to meet companies’
strategic plans and add value to their businesses by reducing excess
spend,” says a procurement expert from SpendEdge.

Key findings and solutions offered

In collaboration with SpendEdge, the client – a leading sporting
goods manufacturer
– enabled the client to identify key factors
driving prices and improve the purchasing decisions. The solution
offered helped them to:

  • Reduce the two-third of its revenues spent on buying goods and
    services by identifying appropriate suppliers.
  • Analyze the suppliers’ financial condition and negotiate the specific
    purchasing items.
  • Improving purchasing decisions require the identification and
    classification of capable suppliers and negotiation of contracts.
    Request
    a free proposal
    and access our complete portfolio of supply
    management solutions now!

Outcome: The supply management strategy implemented by experts at
SpendEdge helped the client to identify the best cost sourcing locations
offering prime cost advantages. The detailed insights on supplier
landscapes from specialized databases helped the client to leverage
prime cost benefits associated with suppliers. The solutions offered
also reduced excess spend for the company and improved their business
cost structure.

To access the complete case study on how we helped a sporting goods
manufacturer implement a supply management strategy,
get
in touch with our experts
.

About SpendEdge:

SpendEdge
shares your passion for driving sourcing and procurement excellence. We
are the preferred procurement market intelligence partner for 120+
Fortune 500 firms and other leading companies across numerous
industries. Our strength lies in delivering robust, real-time
procurement market intelligence reports and solutions.

Request free proposal to know more, https://www.spendedge.com/request-free-proposal

Contacts

SpendEdge
Anirban Choudhury
Marketing Manager
US: +1 630
984 7340
UK: +44 148 459 9299
https://www.spendedge.com/contact-us

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