“The breadth of data provided by Mintec enables Spar to keep track of various raw material prices across the food spectrum.”

Spar International needed to have access to the breadth of data provided by Mintec to enable them to keep track of various raw material prices across the food spectrum. As a company buying internationally, Spar was keen to implement the solution across both SPAR International as well as to advocate the systems used across the various sites globally.

Access to Mintec services has enabled SPAR to implement a range of commodity dashboards providing access to price data that support analysis including Cost modelling and Price change reporting. Since the introduction of the combination of price data and analytical tools SPAR International has been able to track accurate and reliable market prices on relevant raw materials in one, easy to access location reducing internal time spent collating data and performing analysis.

Mintec data has become an integral part of SPAR International procurement and product strategies. It is the breadth of data and access to insight Mintec provides that support the SPAR International commercial teams and free up valuable time resources so they can focus on their core roles - negotiations, formulating products and supply strategy. Using Mintec has saved customers like Spar International time and money by driving procurement efficiencies and helping to reduce supplier costs.