Services
Supplier & Market Intelligence
Turn data into decisions with actionable supplier and market insights.
Overview
Our Supplier & Market Intelligence Service is an independent service that delivers actionable insights on suppliers, market trends, and competitive positioning. Beacon Consulting equips clients with the information needed to make informed procurement decisions, benchmark performance, and identify opportunities, without requiring a full sourcing engagement. By combining proprietary data, analytics, and AI-driven tools, this service allows organisations to assess supplier capabilities, understand market dynamics, and optimise procurement strategies with confidence.
Key Offerings
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Market-insights reporting
Local and global trends, supply-chain risks and industry-specific analysis
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Supplier benchmarking
Commercial, contractual and technical comparisons across vendors using Beacon's knowledge base and template libraries
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Vendor-performance scorecards
Performance, quality, risk and sustainability metrics
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Risk & spend analytics
Analysis of spend patterns, risk exposure and savings opportunities
Our Team
The Supplier & Market Intelligence service is powered by a blend of procurement experts, data scientists, and legal advisors, working together to provide comprehensive and actionable market insights. Our team follows a structured process: data gathering, cleansing, analysis, and insight generation. Insights are derived from historical data, LightHub analytics, AI-driven benchmark models, and market research tools, ensuring decisions are informed by both quantitative and qualitative intelligence.
We prioritise secure data handling and anonymisation, safeguarding sensitive information while delivering insights that enable clients to make confident, informed procurement decisions.
Beacon Consulting combines global benchmarks with local market intelligence, ensuring that insights are relevant, actionable, and tailored to each client's operating environment. Unlike standard global data, our analysis accounts for regional nuances and market dynamics. We prioritise data quality, anonymisation, and regulatory compliance, giving clients confidence that the intelligence they rely on is accurate, secure, and responsibly sourced.
Outcomes & Benefits
Clients using Supplier & Market Intelligence gain clear, actionable insights that improve procurement outcomes. Key benefits include better sourcing decisions based on robust data and market trends, identification of new suppliers and alternative sourcing options, cost benchmarks tailored to local conditions ensuring realistic and relevant comparisons, and risk mitigation through evaluation of supplier performance, compliance, and market dynamics.
By combining AI-driven analytics, LightHub data, and expert interpretation, this service enables organisations to make informed decisions.