Supplier Risk Analysis Study for a Prominent Chemical Supplier – A case study on mitigating supply chain risks by offering better visibility into the supply chain

LONDON–(BUSINESS WIRE)–#chemicalindustry–SpendEdge, a global procurement intelligence advisory firm, has
announced the release of their new ‘supplier
risk analysis study on the chemical industry’. A renowned
chemical supplier with business operations spread across economies,
wanted to recognize, evaluate, and reduce supplier risk and ascertain
better visibility into the supply chain process. The client also wanted
to develop a risk segmentation analysis to evaluate each supplier to
rationalize the supplier process and reduce the time-to-market for the
products offered.

According to the procurement analysts at SpendEdge,
“Stakeholders in the chemical industry have started focusing on core
competencies by realigning their product portfolios to extend their
value chains and pursue growth opportunities.”

In the chemical industry, leading firms are leveraging the use of
supplier risk analysis to gain enhanced visibility into the supply chain
network. These solutions offered include current insights into the
supplier performance from the engineering of the products to the
delivery of the same to the target audience.

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

The supplier risk analysis solutions offered by the experts at SpendEdge
helped the chemical industry client to ensure better delivery of the
products by catering to the business requirements. The solutions
provided also helped the chemical supplier client to revisit the risk
models and eliminate the potential bottlenecks in the supply chain.

This supplier risk analysis solutions offered
benefits that helped the client to:

• Reduce the time-to-market for the products offered
• Gain accurate insights into the risks associated with the chemical
  suppliers
• To read more, request
  a free proposal

View the complete supplier risk analysis case study here:

https://www.spendedge.com/casestudy/chemical-suppliers-supplier-risk

About SpendEdge

SpendEdge shares your passion for driving sourcing and procurement
excellence. We are a preferred procurement market intelligence partner
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]