SpendEdge, a leading provider of procurement market intelligence solutions, has announced the completion of their latest success story on minimizing inventory costs and optimizing cash flow for an automotive company. The case study highlights how our study helped the client to predict future demand patterns and withstand growing competition.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200327005296/en/
Project background
The company wanted to balance out the irregularities in the supply and demand curve. The key objectives of the engagement are mentioned below.
- Objective 1: The company wanted to ensure that their products are produced at the right time and delivered seamlessly.
- Objective 2: They also wanted to streamline the planning and marketing process to reduce operational inefficiencies.
- Interested in gaining comprehensive insights? Request a free demo to leverage supply market intelligence solutions.
“Companies in the automotive industry must develop a supply and demand forecasting strategy to help predict future demand patterns and respond in an agile manner to varying customer needs,” says a procurement expert from SpendEdge.
Key findings and solutions offered
In collaboration with SpendEdge, the client – an automotive company in the US – enhanced supply chain performance and optimized cash flow. The solution offered helped them to:
- Improve forecast accuracy.
- Devise a strong inventory replenishment plan.
- Are you looking for insights to improve your supply chain? Request a free proposal to access our customized solutions today!
Outcome: To cater to the specific requirements of the client. the experts at SpendEdge conducted a supply and demand forecasting study. They analyzed different supply markets and offered incisive insights to help the client gain comprehensive insights for informed decision making with regards to product development. The solution offered helped the client to understand latest trends, seasonality, cost of production, thereby, decreasing stock-outs and improving inventory management.
To access the complete case study on how we helped a US automotive company to improve supply chain performance, read the complete case study here!
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About SpendEdge:
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 gain more information, https://www.spendedge.com/get-more-info
View source version on businesswire.com: https://www.businesswire.com/news/home/20200327005296/en/
Contacts:
Anirban Choudhury
Marketing Manager
US: +1 630 984 7340
UK: +44 148 459 9299
https://www.spendedge.com/contact-us
