Best-in-Class Market Intelligence
Decentralised market intelligence gathering is inherently inefficient – similar research may be being carried out by different departments, previous research isn’t effectively reused and managers end up spending too much time doing research, rather than delivering value.
Creating a single market intelligence process allows you to engineer in efficiencies that drive down cost and increase performance.
Best in class Market Intelligence means:
- Accessing up-to-date intelligence from across the globe
- Quickly turning this intelligence into useful sourcing information to meet business needs
- Fully integrated with your procurement process – embracing key tools and techniques and delivering consistent results
- Tailored, from top-level analysis to intelligence, to feed into Category Plans
Four Pillars of Procurement Intelligence
Springtide have developed the four pillars of procurement intelligence, ensuring a complete range of information is delivered to inform and drive effective procurement decisions:
A best-in-class Market Intelligence process collates MI requests from across the business, understanding the precise need and using a huge array of third party, open source and company information sources to deliver tailored outputs that allow fast and effective decision making:
Such a process provides a faster response, significant cost savings and allows managers to focus on delivering strategic benefit.
To find how better MI can help drive your business, call SpringTide now on +44 (0) 7495 468488 or fill in this form.