Procurement Research

Since the COVID-19 outbreak, raw material prices have surged dramatically across various sectors. Supply chain challenges have also intensified due to regulatory changes and shifts in manufacturing bases, complicating the procurement and availability of essential materials for businesses.

How We Help with Procurement Research

Nexdigm’s procurement and supply chain practice helps companies optimize their global supply chain and procurement operations while identifying vendors for Best Cost Country Sourcing models. This ensures enhanced efficiency and cost-effectiveness in sourcing strategies.

Key Areas of Focus

Why Nexdigm?

Our procurement team collaborates closely with clients to identify and achieve sustainable cost savings across all spend categories and procurement levers over the long term. As a leader in procurement research and consulting, Nexdigm assists enterprise procurement teams in developing a more efficient operating model—one where strategy, technology, and operations seamlessly integrate to deliver transformative business outcomes.

Primary Elements of a Successful Pricing Analysis Strategy

Procure Sustainably

Focus on environmentally and socially responsible sourcing to minimize impact and promote ethical practices.

Supplier Management

Foster strong relationships with suppliers to ensure quality, cost efficiency, and compliance, thereby reducing risks and encouraging mutual growth.

Supply Market Intelligence

We deliver comprehensive analysis of market demand and supply trends, enabling clients to assess fluctuations, identify current and future commodity prices, reduce costs, and diversify their supplier base.

Procurement Analytics

Our services empower clients to implement cost-saving opportunities, organize and prioritize suppliers, uncover sourcing potential, address supply risks, monitor sustainability performance, enhance supplier relationships, and drive innovation.

Spend Analysis and Benchmarking

Through detailed segmentation and analysis of spending drivers, we help clients develop optimal sourcing plans to create cost-saving opportunities, boost efficiencies, and strengthen supplier relationships.