Case Study: SPAR improves procurement efficiency and market price tracking with Expana

SPAR - Customer Case Study

SPAR International, a global network of retailers and wholesalers, required a comprehensive and reliable source of data to track fluctuating raw material prices across the food spectrum to support its procurement activities. Their challenge was accessing a consistent independent data source to provide the necessary insight for cost modeling and supplier negotiations across their international operations. To address this, they turned to the vendor Expana for its service.

By implementing Expana's commodity dashboards and analytical tools, SPAR gained access to the vast breadth of price data it needed. This solution enabled their procurement teams to track accurate market prices in a single location, freeing up valuable time for core strategic tasks like negotiation and supply strategy. The vendor Expana delivered significant results, with an estimated return on investment of up to a factor of 10 by driving procurement efficiencies and helping to reduce supplier costs.

SPAR