Trace Data Research

  Client Background  The client is a tier-1 automotive component manufacturer supplying to leading OEMs across North America and Europe. With a complex global supply chain and a wide range of direct material inputs, the client faced growing pressure to optimize sourcing decisions without compromising on quality or compliance. Their  procurement  team had historically relied on legacy vendor relationships and internal cost benchmarks but was now seeking a more data-backed, agile approach to sourcing. Challenges They Faced Despite operating at scale, the client struggled with few critical sourcing challenges: Fluctuations in the prices of metals and synthetic components created instability in procurement budgets across quarters. The client was dependent on multi-region suppliers but lacked access to actual cost breakdowns, making it difficult to assess margin fairness or renegotiate effectively. With 70% of direct material so...

Procurement research  is the backbone of smarter sourcing. It is not just about comparing supplier prices—it is about making data-driven decisions that cut costs, reduce risk, and strengthen supplier relationships. At TraceData, our  top   procurement research services   provide  actionable intelligence that transforms procurement into a growth driver. Here is what it covers: Cost structure analysis : Break down materials, labour, and margin costs to identify negotiation levers. Supply market intelligence : Track global vendors, new sourcing hubs, and shifting supply-demand dynamics. Supplier due diligence : Assess certifications, delivery performance, financial stability, and ESG compliance. Price and trend forecasting : Predict category and commodity cost movements for proactive planning. Procurement benchmarking : Compare your current sourcing strategy against industry best practices to uncover g...