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Press release content from Business Wire. The AP news staff was not involved in its creation.

Performing Supply Market Analysis to Help a Premium Automobile Company Analyze the Market and Identify Suitable Suppliers | Request a FREE Proposal for In-depth Insights

December 27, 2019 GMT

LONDON--(BUSINESS WIRE)--Dec 27, 2019--

SpendEdge, a leading provider of procurement market intelligence solutions, has announced the completion of their latest success story on leveraging supply market analysis solutions to help a premium automobile company to balance between Tier -1 and Tier-2 suppliers.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191227005153/en/

Project background

The company wanted to analyze the market and find suitable suppliers to source from. The key objectives of the engagement are mentioned below.

“Companies must focus on knowledge-based partnerships and innovation processes to devise strategies to secure and develop their position as a leading firm in the Swedish automobile industry,” says a procurement expert from SpendEdge.

Key findings and solutions offered

In collaboration with SpendEdge, the client – a Swedish premium automobile company – adapted the test equipment to suit their testing activities and controlled the product quality. The solution offered helped them to:

Outcome: With SpendEdge’s supply market analysis solution, the client gained specific insights into the key market players and their role in the market. They analyzed supplier competition and identified prominent suppliers in the market. New geographical markets and possible product supplements or substitutes were identified to secure the supply of the test equipment. The solution offered also helped the client to establish partnershipswith several Tier-2 suppliers and pool complimentary skills.

To access the complete case study on how our supply market analysis solutions helped a premium automobile company to share risks and costs, read the complete case study here!

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About SpendEdge:

SpendEdgeshares 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 gain more information, https://www.spendedge.com/get-more-info

View source version on businesswire.com:https://www.businesswire.com/news/home/20191227005153/en/

CONTACT: SpendEdge

Anirban Choudhury

Marketing Manager

US: +1 630 984 7340

UK: +44 148 459 9299




SOURCE: SpendEdge

Copyright Business Wire 2019.

PUB: 12/27/2019 11:45 AM/DISC: 12/27/2019 11:45 AM