Advising clients in supply chain strategy, optimization, and transformation and delivering 20%-30% savings to our clients through procurement transformation
Since the Covid outbreak, the prices for raw materials have skyrocketed for almost all raw materials. In addition, supply chain is also becoming an issue due to regulatory changes and shift in manufacturing base.
TraceData procurement and supply chain practice assists companies in optimizing their global supply chain and procurement operations, along with identifying vendors for Best Cost Country Sourcing models.
Continuously track performance to identify inefficiencies, risks, and opportunities. Use data-driven insights for real-time visibility and informed decision-making.
Implement innovations and streamline processes to enhance efficiency and agility. Leverage technology to create a responsive, optimized supply chain.
Prioritize environmentally and socially responsible sourcing to reduce impact and promote ethical practices.
Build strong supplier relationships to ensure quality, cost efficiency, and compliance, reducing risks and driving mutual growth.
Countries where we have executed Procurement Research and Intelligence Projects
Established Network with Vendors and Suppliers across Different Product and Geographies
Indian and Global Client Trust us with their Sourcing and Vendor Benchmarking Decisions
The client is a regional grocery chain with 50 stores across the Midwest. Established in 1995, the client focuses on providing fresh, locally sourced produce and groceries. The client was facing issues with high procurement costs and inconsistent supply of fresh produce. Our procurement research focused on supplier analysis, market trends, and cost optimization strategies.
Cost Reduction: Negotiated better terms with suppliers, resulting in a 12% reduction in procurement costs.
Improved Supplier Performance: Established a supplier scorecard system, leading to a 15% improvement in on-time delivery rates and quality standards.
The client is a leading manufacturer of automotive components, supplying major car manufacturers worldwide. Founded in 1980, the company operates several production facilities across SEA markets.
The client was struggling with rising raw material costs and supply chain disruptions. Our procurement research involved commodity price forecasting, risk assessment, and supplier performance evaluation.
Cost Savings: Implemented hedging strategies and long-term contracts to stabilize raw material costs, saving the company 8% annually.
Improved Supplier Performance: Established a supplier scorecard system, leading to a 15% improvement in on-time delivery rates and quality standards
The client operates network of hospitals and clinics providing comprehensive healthcare services. Established in 1990, it operates 30 hospitals and 50 clinics across the Northeast. The client was facing challenges with escalating costs of medical supplies and equipment. Our procurement research focused on supplier consolidation, demand forecasting, and strategic sourcing.
Cost Reduction: Achieved a 10% reduction in procurement costs through supplier consolidation and better-negotiated terms.
Inventory Optimization: Improved demand forecasting accuracy, reducing excess inventory by 15% and minimizing stockouts.
