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Driving Higher Efficiency and Savings for an Automotive Parts Store: SpendEdge’s Supply Market Engagement

December 3, 2018

LONDON--(BUSINESS WIRE)--Dec 3, 2018--SpendEdge, a well-known procurement intelligence solution provider, has announced the completion of their . The client is one of the world’s foremost automotive parts stores. Based out of the United States, the client generates an annual revenue of over USD 30 billion and has offices spread across various regions. As companies in the automotive industry adapt to a future that includes autonomous technology, connectivity, and mobility opportunities, the client realized the need to leverage a supply market assessment strategy to make precise decisions related to business functions, profit objectives, budgets, and pricing strategies. Additionally, they were looking to employ a supply market assessment strategy to analyze the global supply market scenario and make holistic and unbiased business decisions.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181203005679/en/

Supply market assessment for an automotive client (Graphic: Business Wire)

By examining the supply market and keeping a consistent awareness of the challenges or barriers to entry or growth, companies will have the data they need to build accurate go-to-market strategies and business plans. Also, the strategic use of supply market assessment paves way for organizations to confront the accelerating procurement challenges.

see for yourself why we’re the preferred partner for leading Fortune 500 companies when it comes to supply market analysis and procurement intelligence.

According to the procurement experts at SpendEdge, “ Access to timely and precise supply market assessment offers a huge strategic advantage for businesses across industries. ”

The supply market assessment offered by SpendEdge’s experts helped the client to gain better visibility into the procurement process. This helped them profile and shortlist the key risks in the market space and implement procurement best practices to remove bottlenecks and improve service efficiency. This subsequently helped them enhance productivity and achieve tighter control and compliance. Moreover, this empowered the automotive parts store to thrive in a hyper-competitive environment.

To know more about the complete scope of this engagement and the real benefits of supply market analysis for businesses,

SpendEdge’s supply market analysis strategies helped the client to:

Gain insights about the supplier’s strategies Study the global supply market scenario and make unbiased business decisions To know more about the cost analysis strategies followed by different firms,

The supply market analysis engagement also offered predictive insights on:

Tackling the ever-increasing procurement challenges Mastering the new market environment and achieving immediate savings Read the complete article to know more: https://www.spendedge.com/casestudy/automotive-parts-supply-market-assessment

Are you interested in purchasing procurement reports? Our subscription platform, , provides ready-to-use procurement market research reports for multiple categories. Now access latest supplier news, innovation landscape, markets insights, supplier tracking, and much more at the click of a button. .

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/20181203005679/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: SUPPLY CHAIN MANAGEMENT MANUFACTURING AUTOMOTIVE MANUFACTURING AUTOMOTIVE OTHER AUTOMOTIVE RETAIL SPECIALTY

SOURCE: SpendEdge

Copyright Business Wire 2018.

PUB: 12/03/2018 11:37 AM/DISC: 12/03/2018 11:37 AM

http://www.businesswire.com/news/home/20181203005679/en

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