Business Challenge: A leading client in the chemical industry wanted to understand spend patterns, key sourcing destinations and competitors’ sourcing strategies specific to 6 categories.
The client wanted to do an assessment of Global Commercial, Operations, R&D, Corporate and IS/IT categories and understand spend levels, emerging sourcing destinations and competitors’ strategies.
We conducted deep dive assessment on each category market to obtain insights on the supply market landscape
. We shortlisted 5 major competitors and obtained insights on their sourcing patterns and strategies.
The client in the chemical industry was able to fine-tune its sourcing strategies based on insights specific to recent supply market trends, emerging sourcing destinations and competitors’ spend patterns.