Vendigital helps global Multi National Companies and Small to Medium Enterprise retailers transform their supply chain and business performance. Our specialists expect to reduce procurement spend by 8-10% in 18 months with category spends often reducing by more than 20%, even where already in low-cost countries. We use on the ground manufacturing and procurement expertise in the key sourcing markets and sophisticated software tools to optimise and execute winning supply chain strategies. This approach minimises risks while optimising total costs.
"For a global manufacturing business like Britax, having an agile and competitive supply chain is critical to our long-term growth in profitability. By working with Vendigital, we’ve had the highest-quality resource focused on achieving this across our procurement spend."
The retail sector is undergoing unprecedented change with modern supply chain management at its heart. In-store strategies focus on increasing customer choice, quality and value while expanding multi-channel routes to market. Modern supply chain management is becoming mission critical in supporting these.
Clients not untypically ask Vendigital how we can help them identify and mitigate increasing supply chain risk across their regional supply bases? Similarly, they ask how we can help bring new and differentiated products to the stores more quickly at market leading delivered costs?
We believe the solution often lies in widening the focus from the retail store to the supply factories. There remain huge opportunities in reducing free on board costs through fundamental review of specifications, cost breakdown and value engineering. We identify the best suppliers in the right overhead regimes with the right attitude to collaborative working. This transforms supply relationships from rebate driven trading ones to genuine partnerships.
Not all relationships need to be strategic. We use auctions and highly-effective negotiation skills to deliver cost leadership where appropriate; however, where innovation and differentiation matter, being the “customer of choice” to the “best” suppliers becomes a true competitive advantage.
Vendigital specialises in making this supply chain transformation happen and embedding new processes and leading-edge tools to make it sustainable within your organisation. We also work with and train your team to ensure they have the necessary capabilities and organisational resources to maximise and sustain the implemented benefits.
“Vendigital’s team enabled us to cast our net over a much larger market and helped us to identify a host of new procurement opportunities. Whilst we maintained full control of the project, Vendigital took over the management of the processes.”
Herr Joachim Tietz, Mueller Group.
“For a global manufacturing business like Britax, having an agile and competitive supply chain is critical to our long-term growth in profitability. By working with Vendigital, we’ve had the highest-quality resource focused on achieving this across our procurement spend.”
Andrew Stafford, Former Chief Executive Officer of Britax Childcare.
"The robustness of the processes used in the project were much greater than one normally associates with a purchasing exercise. It's no wonder that the results were so impressive."