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

Supply management study for a sporting goods manufacturer. (Graphic: Business Wire)

LONDON--()--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

Release Summary

The case study highlights how supply management can help companies to reduce excess spend by identifying the best cost sourcing locations.

Contacts

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