AP NEWS

Leveraging supply chain risk assessment services can help businesses to decrease production cycles and maximize ROIs – Request a free proposal from SpendEdge

February 12, 2019
SpendEdge's case study on how supply chain risk assessment services helped a mining company. (Graphic: Business Wire)

LONDON--(BUSINESS WIRE)--Feb 12, 2019--SpendEdge, a well-known procurement intelligence solution provider, has announced the completion of their latest . The study highlights how companies can effectively manage supply chain risks, address economic unrest, and demand fluctuations. It also highlights the importance of supply chain risk assessment in reducing the production cycles and improving the production capacity for businesses.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190212005600/en/

SpendEdge’s case study on how supply chain risk assessment services helped a mining company. (Graphic: Business Wire)

Fluctuating commodity prices are compelling companies in the mining industry to invest in new programs and techniques that can enhance their efficiency significantly. Also, it is creating the need for enterprises to decrease disruptions in the supply chain and implement industry best practices. This requires companies to conduct a and minimize the negative impact of disruptions on revenues, costs, and customers.

According to the procurement experts at SpendEdge, “It is critical for businesses to have a resilient supply chain risk assessment process to minimize the negative impact of disruptions on revenues and customers.”

The Business Problem: The client is a well-established company in the mining industry and generates annual revenue of over $27 billion. Based out the United States, the company was planning to reduce production cycles without hindering their profitability. This compelled them to leverage SpendEdge’s supply chain risk assessment solutions to identify, monitor, and detect threats and ensure supply chain continuity. Moreover, they also wanted to collect, analyze, and manage supplier information, and employ advanced technologies to forecast potential risks.

Want to forecast potential business risks? and know how our supply chain risk assessment services can assist you.

The Solution Offered: With the help of SpendEdge’s supply chain risk management solutions, the mining company gained detailed insights into how they could streamline their financial structure and allocate resources in an effective manner. The insights helped them analyze macro and micro-economic risks and enhance their productivity. The supply chain risk management solutions also helped the client gain better control over their supply chain activities and improve the overall ROI.

Wondering how can you gain better control over your supply chain activities? Not anymore! and know how our supply chain risk management solutions can help you.

SpendEdge’s supply chain risk management solutions helped the client to:

Improve operational efficiency and production capacity. Decrease production cycles and maximize the ROI. Interested in analyzing supply chain risks for your business? and know how our portfolio of supply chain risk assessment services can help you with actionable insights.

SpendEdge’s supply chain risk management solutions also offered predictive insights on:

Analyzing typical risks associated with the supply chain. Predicting the potential risks in terms of cost volatility, material shortages, and supplier financial issues. Read the complete article to know more:

About 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. To know more,

View source version on businesswire.com:https://www.businesswire.com/news/home/20190212005600/en/

CONTACT: SpendEdge

Anirban Choudhury

Marketing Manager

US: +1 630 984 7340

UK: +44 148 459 9299

https://www.spendedge.com/contact-us

KEYWORD:

INDUSTRY KEYWORD: TRANSPORT LOGISTICS/SUPPLY CHAIN MANAGEMENT NATURAL RESOURCES MINING/MINERALS

SOURCE: SpendEdge

Copyright Business Wire 2019.

PUB: 02/12/2019 10:09 AM/DISC: 02/12/2019 10:09 AM

http://www.businesswire.com/news/home/20190212005600/en

AP RADIO
Update hourly