SpendEdge, a global procurement market intelligence firm, has announced the release of their Global Warehousing Services Category - Procurement Market Intelligence Report.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190109005645/en/
Global Warehousing Services Category - Procurement Market Intelligence Report. (Graphic: Business Wire)
The recent developments made in the pharmaceutical industry has led to the emergence of biologic drugs that need to be stored under controlled temperature. Catering to this specific need, the refrigerated warehousing services are projected to witness substantial demand growth in the years to follow. The consumer’s increasing preference for online shopping is compelling the e-retail companies to develop adequate warehousing facilities, which is subsequently contributing to the category spend momentum. Download the free sample of this market intelligence report on warehousing services.
Europe is witnessing a flux in the online retail sales, thus leading the e-commerce industry to improve their warehousing facilities to keep up with the demand. This is driving the category demand in several European countries to a great extent. The growth of the automotive manufacturing industry in regions such as North America, Europe, and APAC is also driving the demand for warehousing services. The thriving e-commerce industry is also responsible for the category demand in the US. The months of November and December is the primary shopping season during which the spend rate increases considerably.
Insights offered in this warehousing services procurement research report will aid in forecasting the spend growth of this category. Such information is relevant for both the buyers and the suppliers who seek a risk-free but a profitable procurement strategy. Insights on category spend segmentation will guide the investors in identifying the best investment areas as well as help them in identifying cost-saving opportunities. Get free customization of this market intelligence report on warehousing services to get information tailored to your every requirement.
“It is advised that before partnering with suppliers, buyers must compare the number of employees that a supplier has with the size of the facility to avail efficient services,” says SpendEdge procurement expert Tridib Bora.
This warehousing services procurement research report has estimated the following cost drivers to influence the category growth in the coming years:
- Engaging with suppliers offering service bundling will maximize buyers' cost savings
- Adoption of latest technology is expected to reduce suppliers' labor requirements
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SpendEdge’s procurement market intelligence reports for the logistics, warehousing, and transportation category provide detailed supply market forecasts and cost drivers that impact category growth. Such information will help procurement managers as well as the suppliers to determine the total cost of ownership and change their procurement strategies accordingly. Additionally, SpendEdge’s reports provide category management insights and information on the procurement best practices for the category.
Report scope snapshot: Warehousing services
Category pricing insights
- Pricing outlook
- Total cost of ownership analysis
- Supplier cost structure
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Cost-Saving Opportunities
- Supplier-side levers
- Buyer-side levers
- Quantifying cost savings by negotiation strategies
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Category ecosystem
- Competitiveness index for suppliers
- Buyer power
- Supplier power score
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Related Reports:
- Global Drayage Services Category - Procurement Market Intelligence Report
- Global Automated Container Terminal Category - Procurement Market Intelligence Report
About SpendEdge:
SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions. To know more, https://www.spendedge.com/request-free-proposal
View source version on businesswire.com: https://www.businesswire.com/news/home/20190109005645/en/
