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Ferrous Metal Supplier Profiles the Most Prominent Supplier with the help of Supplier Identification Solution

Ferrous Metal Supplier Profiling
LONDON:
Infiniti Research, a global market intelligence solutions provider, has announced the completion of their latest supplier identification and profiling solution for a ferrous metal supplier. The metal industry has been seeing continuous changes due to disruptive technologies, new entrants, and political changes. Leading organizations in the ferrous metal industry have been investing heavily in technologies that automate operations, improve product quality, and drive efficiencies.

 

“Supplier identification and profiling solutions provide greater insights into the ferrous metal manufacturing space and helps companies identify key suppliers and categorize them based on their strengths and weaknesses. Additionally, it also helps companies identify performance gaps and understand their relative position in the market,” says an expert at Infiniti Research.

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The supplier identification and profiling solution offered helped the ferrous metal supplier to understand the current suppliers and their characteristics. The solution also helped the client to understand the current pricing models and compare performance against their competitors.

Additional benefits of the supplier identification and profiling solution

  • Profile the most prominent supplier and their market position
  • Understand the potential bottlenecks in terms of purchasing overlaps and prices.

 

To know more about how our supplier identification and profiling solutions helped the ferrous metal supplier

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Leveraging Supplier Identification and Profiling Solutions for a Global Thermal Interface Materials Manufacturer to Identify New Suppliers

In today’s dynamic market space, a simple and the challenging task that any manufacturing industry face is to identify the right partner channel to scale their marketing opportunities efficiently. Also, to stay relevant in the marketplace, leading manufacturing companies should identify optimal suppliers and analyze their capabilities. Moreover, in the thermal interface materials space, choosing the right suppliers involves the consideration of a wide variety of factors in terms of quality, reliability, and service. In this context, identifying and shortlisting suppliers spurs the need for a robust supplier selection solution. In the thermal interface materials space, supplier selection helps businesses understand the business needs and characterize the suppliers in terms of their quality, lead times, and deliveries. In this supplier-oriented space, selecting and organizing supply management helps companies reduce deficiencies such as inventory costs, storage expenses, and additional costs associated with transferring materials.

To seize potential opportunities and improve operational efficiency, renowned companies in the thermal interface materials space are approaching companies like Infiniti. With years of expertise in offering a plethora of services, Infiniti’s supplier selection solution helps leading firms gain the benefit of cost reduction while improving their overall profit margins.IR_Brochure

The Business Challenge

A renowned thermal interface material manufacturer with a considerable number of manufacturing units spread across the globe was facing certain predicaments profiling the right suppliers and improving their products in terms of quality and performance. The client wanted to save unnecessary transportation costs and reduce additional costs associated with inventory. With the help of the supplier selection solution, the client further wanted to profile various vendors with exceptional technical capabilities to further streamline their quality and performance.

Supplier identification

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Our Approach

To help the client remain profitable and stay relevant in the market, Infiniti’s supplier selection experts carried out extensive research comprising both qualitative and quantitative techniques. To identify the profitable suppliers, the client also compiled information across a wide array of proprietary sources such as paid industry databases, company presentations, and industry forums.

Benefits of Supplier Selection Solution:

  • Built stronger and more collaborative relationships with the suppliers and reduced additional costs
  • Lowered administration costs, increased delivery and improved supplier relationships
  • Evaluated different purchasing categories and determined top suppliers
  • Effectively tracked supplier performance and maintained purchasing contracts
  • Defined the potential needs of the customers and delivered products in an agile and seamless manner

Benefits of Our Integrated Approach

The supplier selection solution helped the client increase the quality and speed of delivery while enhancing supplier relationship. Moreover, the engagement also helped the client address concerns related to supplier tracking and improved the overall supply chain visibility. Moreover, the client was further able to determine the potential suppliers and reduce the overall supplier costs. The engagement also helped the client increase quality and the overall supplier responsiveness.

A must-read case study for strategy experts and decision makers looking to target potential suppliers in the metals and mining space.

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Fleet Management

Supplier Identification and Profiling: How Supplier Selection can Help Improve Communication and Employee Scheduling Process

A simple challenging question that today’s advertising agencies are facing is identifying the right partner. With the availability of multiple options, identifying and targeting the right suppliers is like selecting a particular book from a heap of book collections. Organizations in the advertising space are focusing on targeting the right suppliers to promise better quality goods and services. To select the best suppliers from a pool of options, organizations are resorting to a robust supplier selection process. The effective supplier selection process involves dealing with people, processes, and technology capabilities. Furthermore, identifying the right suppliers also helps leading businesses to reduce procurement and excess inventory costs.

With years of expertise in offering a plethora of services, Infiniti’s competitive intelligence experts help clients deliver promising supply process. Also, the solutions offered by Infiniti aid businesses in identifying the competitors, their supply chain process, and the effective ways to control spend and improve savings. Infiniti’s competitive intelligence experts further helped the client measure and optimize their supplier performance and evaluate the suppliers with respect to their value at risk.

The Business ChallengeIR_Brochure

A renowned advertising agency with a considerable number of offices across the globe was facing predicaments identifying and profiling the suppliers. The client wanted to implement a reliable system to analyze their capabilities and identify the right suppliers to enhance the communication process. The client also wanted to gain a comprehensive understanding of the supplier landscape to optimize the employee scheduling process. The client further wanted to identify and shortlist robust suppliers, profile key suppliers, and monitor prices of products.

Our Approach

To gauge more information into the supplier selection process, the client approached Infiniti’s team supplier profiling experts. Infiniti’s team with expertise in offering supplier selection services carried out an extensive research comprising of interviews and discussions with top leading advertisers in the market space. In addition, to compile more information about the best practices for supplier selection, the experts compiled information across various proprietary sources such as paid industry databases, company presentations, magazines, and newsletters across various advertising space.

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Competitive Intelligence Solution Benefits:

  • Understand the competitive landscape in terms of the competitors, their offerings, and product positioning
  • Devise an effective product benchmarking and profiling in terms of financial performance, marketing spend, compensation and benefits
  • Gain real-time insights into the competitor pricing, promotions, and inventory
  • Effectively prepare for new product launches, new market entry or other strategic move
  • Robustly anticipate and plan future market opportunities
  • Minimize decision risk and reduce uncertainty

Benefits of Our Integrated Approach

In a span of six weeks, the client was able to gain a clear understanding of the suppliers and profile the suppliers based on price monitoring. The engagement also helped the client streamline their sources and procurement process and improve the company’s overall position in the market. The engagement also helped the client shortlist the major suppliers in the advertising space.

A must-read case study for strategy experts and decision makers looking to develop an understanding of the suppliers selection space.

IR_RFP

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Market Opportunity Assessment of the E-evaluation Software Module

Business Challenge

A leading vendor for commerce decisions was looking for market assessment attractiveness services for the eEvaluation software module. The primary objective of this study was to provide strategic insights for effective business decisions for the client by assessing key market dynamics and trends across all the major verticals and to understand the market shares of major brands within the market space. capture

The eEvaluation service market includes SaaS-based software tools that enable companies to carry out strategic or complex procurements in conjunction with eTendering. These include tender documentation, ability to set evaluation criteria with respective weightings, and tender comparison in a secure common working environment.

Outcome

With the help of our effective solutions, the client was able to understand the competitive market scenario for eSourcing in the US. E-evaluation is an integral part of eSourcing solutions and is not offered as a standalone product. Consequently, our study reveals that most suppliers are shifting toward bundled eSourcing solutions to save costs.

The client was also able to gain insights into supplier evaluation and selection to develop a pre-qualification strategy. Additionally, the client was also able to develop and launch tenders and assess and filter effective procurement processes to enter the US market.

Our Approach

Our approach involved carrying out an in-depth secondary research, comprising proprietary and other open secondary sources like paid industry databases, annual reports, media platforms, news aggregators, industry forums, and company presentations. This helped to develop fundamental market hypotheses and also identify stakeholders for primary research.

A comprehensive primary research was carried out to gather market and competitive information and develop actionable insights for the client. This comprised of in-depth interviews and discussions with industry experts, business executives, and market stakeholders to understand the market dynamics unique to the market in the US.

A must-read case study for all procurement and supply chain professionals looking to drive higher value from the use of eEvaluation software across various markets.

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