LONDON--(BUSINESS WIRE)--SpendEdge, a leading provider of category market intelligence solutions, has announced the completion of their latest success story on identifying profitable projects for a company in the mining equipment industry.
The company wanted to improve their growth rate by identifying profitable projects. The key objectives they aimed to achieve through this engagement are mentioned below:
- Objective 1: The company wanted to understand market dynamics to analyze the key factors affecting mining equipment sales.
- Objective 2: They also wanted to gain real-time insights to profile the right suppliers for their business.
- Wondering how you can assess the key factors impacting the category sales and identify growth opportunities for your business? Request a proposal today to access our customized solution portfolio for FREE.
“Despite the augmented use of smart and connected solutions, companies in the mining equipment industry need to assess market drivers and factors impacting the equipment sales to sustain in the market,” says Srinivas R, Procurement Manager at SpendEdge.
Want to analyze market drivers impacting the mining equipment sales? Get in touch with our experts today!
Key findings and solutions offered
In collaboration with SpendEdge, the client – one of the leading mining equipment manufacturers – assessed market dynamics, improved category forecasting, and developed successful category plans. The solution offered helped them to:
- Determine appropriate supply markets and profile potential suppliers.
- Understand price fluctuations, identify profitable projects, and improve supplier efficiency.
- Analyzing supply markets is vital for companies to identify profitable projects. Request a free demo to access our category supply market insights today!
Outcome: With SpendEdge’s help, the mining equipment company was able to perform comprehensive SWOT and PESTLE analysis and analyze market drivers impacting their equipment sales. This helped the client to obtain detailed insights regarding the mining equipment market size and analyze competitors’ category strategies. Our comprehensive mining equipment industry report also helped the client to profile key suppliers and procure the right products and services at the right price levels. The solution offered helped the client to improve mining equipment sales and increase profits by 35%.
To gain detailed insights into the solution offered by our experts to the mining equipment firm, request more information.
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- Global Mining Equipment Market – Procurement Intelligence Report
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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.
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