Supply Chain Intelligence
As suppliers play a critical role in a company’s success, it is imperative for organisations to choose suppliers who best meet their needs and align with their values. Selecting the right suppliers can increase profits and boost efficiency while minimising financial risks.
We gather and present significant data in a user-friendly format leveraging our clients to confront the international and domestic challenges that involve supply chains. Our reports provide crucial information on the supply chain in a specialized business that helps our clients to manage their operations smoothly and competently and make smart strategic decisions to ensure profits.
At Procurement Resource, we follow an all-inclusive methodology that delivers valuable insights regarding the different facets of a supplier’s business. We identify, map, analyse and benchmark suppliers, their margins, recent developments, level of backward integration, and performance. Adapting Carter’s 10 Cs model according to our client’s needs, we analyse the following aspects of potential suppliers:
- Competency
- Capacity
- Commitment
- Control
- Cash
- Cost
- Consistency
- Culture
- Clean
- Communication
Evaluating these elements gives a broad understanding of a supplier’s effectiveness, ability to deliver, production capacity, technical capabilities, quality of management, etc. This assists our clients in identifying the suppliers best-suited to their needs while avoiding risks. The major sub-categories covered under our supplier analysis services include:
- Supplier Identification
- Supply Chain
- Supplier Mapping
- Supplier Performance
- Supplier Margins
- Price Analysis and Benchmarking