Business Challenge
A leading baby food manufacturer wanted to analyze its current and potential suppliers of packaging products to develop a best cost sourcing strategy and improve its vendor sourcing practices.
Situation
In order to control its sourcing costs, the client wanted to benchmark its existing and potential suppliers with a comprehensive overview of suppliers landscape specific to revenue streams, customer segmentation, capital expenditure and profiling of top 10 customers.
Approach
We conducted a detailed supplier intelligence study to understand the factors such as supply market and industry trends, supplier profiles, supplier risk analysis, supplier margin analysis, key industry cost drivers, and pricing benchmarks.
Impact
Our vendor margin analysis helped the client to implement a focused supplier strategy, by assessing their own procurement practices and find the best vendors to improve their sourcing processes.
Our vendor margin analysis helped the client to implement a focused supplier strategy, by assessing their own procurement practices and find the best vendors to improve their sourcing processes.
