Leveraging Supplier Profiling Solutions for a Leading Renewable Energy Provider to Identify the Prominent Suppliers

LONDON–(BUSINESS WIRE)–#energy—SpendEdge,
a global procurement intelligence advisory firm, has announced the
release of their new ’supplier
profiling study on the renewable energy industry’. A renowned
player in the renewable energy industry with business functions spread
across the globe wanted to identify the most profitable suppliers from a
pool of suppliers and alleviate the risks associated with them. The
renewable energy provider also wanted to seek ways to decrease excess
inventory and procurement costs by leveraging the use of supplier
profiling solutions.

According to procurement analysts at SpendEdge,
“The rising global population and energy efficiency improvements across
geographies are persuading establishments to shift toward renewable
sources of energy.”

Leading players in the renewable energy industry space are increasingly
leveraging the use of supplier profiling solutions, as it helps them in
identifying and profiling the potential suppliers across the industry
based on their abilities. Supplier profiling solutions also help the
renewable energy providers to improve cross-functional collaboration to
endure collaborative partnerships with key suppliers.

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a free proposal to see how SpendEdge’s procurement solutions
can help you.

Supplier profiling experts at SpendEdge helped the renewable energy
provider to identify the high-performing and low-risk suppliers and
service providers, thereby regulating costs associated with compliance.
Moreover, our supplier profiling solutions enabled the client to gain
enhanced visibility into the supply chain processes. Also, the client
was able to profile the suppliers better based on their performance and
efficiency.

The supplier profiling solutions offered
benefits that helped the client to:

• Differentiate the suppliers based on their categories
• Evaluate the supplier’s performance based on their risk management and
  cost management abilities
• To know more, view the complete supplier profiling case study here: https://www.spendedge.com/casestudy/renewable-energy-industry-supplier-profiling

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About SpendEdge

SpendEdge shares your passion for driving sourcing and procurement
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for Fortune 500 firms and other leading companies across numerous
industries. Our strength lies in delivering robust, real-time
procurement market intelligence that helps sourcing and procurement
professionals make informed decisions. These innovative procurement
solutions help enterprises transform structural capabilities, improve
execution efficiency, and fast-track time to savings.

Contacts

SpendEdge
Shilpa Balakrishnan
US: +1 (844) 746-0600
[email protected]