Adopting Best Contract Negotiation Levers and Reducing Supply Costs by 17% for a Solar Energy Firm | SpendEdge's Latest Engagement

SpendEdge, a leading provider of procurement market intelligence solutions, has announced the completion of their latest success story on adopting best contract negotiation levers and reducing supply costs by 17% for a solar energy firm.

The solution offered helped the solar energy company to gain detailed information across a wide array of proprietary sources such as paid industry databases, engagement and pricing models, and the relationship of key suppliers with competitors. This information enabled the client to analyze the strengths and weaknesses of suppliers and adopt the best contract negotiation levers. The solution offered reduced the supply costs by 17% and helped the client to generate savings of $1.5 million in three months. Also, it empowered the client to better prepare for contingencies and predict supplier risks.

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