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SpendEdge Empowers US-Based FMCG Client with Comprehensive Starch Category Analysis

SpendEdge (PRNewsfoto/SpendEdge)

News provided by

SpendEdge

Sep 21, 2023, 11:00 ET

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NEW YORK, Sept. 21, 2023 /PRNewswire/ -- Starch, a versatile ingredient, plays a pivotal role in the Fast-Moving Consumer Goods (FMCG) industry, serving as a thickening agent, stabilizer, and source of carbohydrates in various food and non-food products. Beyond these functions, starch enhances texture, extends shelf life, and contributes to the overall mouthfeel of products, all while remaining a cost-effective ingredient in manufacturing processes.

Client's Quest for Starch Insights

Best Ways to Evaluate Starch Manufacturer’s Performance
Best Ways to Evaluate Starch Manufacturer’s Performance

In the heart of the FMCG sector, a US-based client recognized the vital role of starch and the complexities surrounding its procurement. They sought to gain a comprehensive understanding of native starch and modified starch categories used in the FMCG industry. The client's ambitions extended to exploring various facets of the starch market, including the supplier landscape, price fluctuations, and potential risks.

SpendEdge's Expertise in Action

To navigate this intricate landscape, the client turned to SpendEdge's team of experts. Our experts embarked on a meticulous assessment of the situation, leveraging their deep industry knowledge and analytical capabilities to provide invaluable insights.

Uncovering Emerging Trends and Managing Risks

The insights provided by SpendEdge went beyond the surface, uncovering emerging trends and potential risks that could impact the client's supply chain. Armed with this information, the client was equipped to proactively address potential challenges before they could disrupt business operations. Additionally, our experts highlighted sustainable practices adopted globally, positioning the client to embrace responsible sourcing methods. This assessment also identified gaps in the client's sustainability efforts, paving the way for improvements.

Effective Sourcing and Risk Mitigation

The solutions delivered by SpendEdge empowered the client to manage the sourcing of scarce and perishable materials such as corn, wheat, and potatoes effectively. By reducing the risk of delays in starch development and ensuring a consistent supply of materials, our partnership ensured that the client's FMCG operations remained resilient and responsive to market dynamics.

To read the full resource: Click here!

About SpendEdge

SpendEdge is a global leader in procurement market intelligence and advisory services, dedicated to driving procurement excellence for businesses across industries.

SOURCE SpendEdge

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