A complete buyer's guide that provides comprehensive insights on 3D Printing & Rapid Prototyping Services category spend, spend growth and regional segmentation; in-depth price trends; negotiation levers and analysis of 3D Printing & Rapid Prototyping Services suppliers.
GET FREE SAMPLEThis report on global 3D Printing & Rapid Prototyping Services category is part of a larger series of reports on global Operation of Industrial Facilities market. The scope of Operation of Industrial Facilities spans multiple categories and is typically identified as a procurement category that includes all spend related to the operations of industrial facilities excluding costs incurred on salary, materials or consultancy.
The market for Operation of Industrial Facilities and its sub-segments such as 3D Printing & Rapid Prototyping Services are at an interesting intersection. The category has historically lagged in tech adoption due to inadequate skillsets of majority of workforce and the perennial requirement to reduce facilities related cost. Therefore, suppliers who have demonstrated technological prowess to achieve efficiencies are being preferred over traditional vendors.Suppliers are shedding the category expert tag and moving up the value chain to offer an integrated approach to their services. With this new approach, suppliers can offer a wide portfolio of services and position themselves for large contracts that go beyond just 3D Printing & Rapid Prototyping Services.Outsourcing of 3D Printing & Rapid Prototyping Services now represents a significant part of the global spend on this category, driven by value derived and a growing number of vendors who keep innovating with new services and value propositions.Trends like these and many others discussed in this report are necessitating a relook at the way 3D Printing & Rapid Prototyping Services is procured and the procurement cost saving opportunities that exist.
The report discusses in detail the best practices that have served well the category managers responsible for 3D Printing & Rapid Prototyping Services procurement. For example, Investing in benchmarking studies that help category managers enhance their knowledge on pricing or billing rates of suppliers allows them to not only save costs, but also negotiate better with suppliers. For example, while negotiating for bundled services, they can save significantly on a single service by cross-verifying rates quoted by suppliers against industry benchmarks. Buyers must ensure the participation and collaboration of all related cross-functional teams (procurement, electrical, engineering, and housekeeping) in category management and planning activities. This is crucial, as these teams will be the primary end-users of the services offered by suppliers, and this step will ensure consistency in services. Buyers should set a baseline against which the performance of suppliers can be benchmarked along with setting measurable/quantifiable KPIs. Defined KPIs provides suppliers with clarity on the scope. Besides setting standards for operations, pricing, and performance, KPIs must provide tangible goals in terms of the quality of solutions.
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3D Printing & Rapid Prototyping Services procurement managers also need to proactively identify and mitigate potential risks that can arise in the supply chain or contracts for 3D Printing & Rapid Prototyping Services procurement. Some examples include:
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Procurement decisions can prove to be costly in the absence of careful deliberation and evaluation of every available option. In fact, more than 90% of the decision makers we work with acknowledge that timely availability of up-to-date category intelligence can help them make better purchasing decisions. More than 80% of them believe that in-house category intelligence needs to be updated periodically to achieve full benefits. If you have read so far, we are quite sure you agree!!
You may have just initiated your research to design a winning 3D Printing & Rapid Prototyping Services procurement strategy, or you may be a category expert looking for strategic insights and updated data.Either ways, the report has your requirements covered.
The report is intended to serve as a one-stop reference guide for 3D Printing & Rapid Prototyping Services procurement strategy and offers a perfect blend of category basics with deep-dive category data and insights. Therefore, it is ideal for category beginners looking for “3D Printing & Rapid Prototyping Services: Procurement Report 101” as well as for category experts actively tracking the global 3D Printing & Rapid Prototyping Services procurement market.
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The 3D Printing & Rapid Prototyping Services procurement report helps take more informed decisions by placing all the critical information and advice at the fingertips of a decision maker. It also specifically answers some of the key questions that we have been routinely asked during our industry outreach initiatives:
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The 3D Printing & Rapid Prototyping Services market report offers a complete picture of the supply market and analyzes the category from the perspective of both buyers and suppliers. Analysis of the category trends, procurement best practices, negotiation levers and overall category management strategy advisory are interspersed with in-depth data and commentary on spend outlook, pricing ecosystem and supplier landscape drilled down to a region-level coverage.
A key highlight of this report is the in-depth outlook created on 3D Printing & Rapid Prototyping Services procurement spend and pricing trends. The report further delves deep into the aspects of cost structure, total cost of ownership and supplier margins for 3D Printing & Rapid Prototyping Services. A dedicated section to supplier profiles and evaluation helps decision makers cast a wider procurement net and identify gaps in existing relationships.
Along with specific category and supplier intelligence, the publication also includes curated insights on 3D Printing & Rapid Prototyping Services market trends, price influencers and inherent risks. These insights help the decision makers prepare for market shaping trends in advance and create alternative strategies for changes in the market conditions.
Additionally, the report also advises on the best practices and strategies to manage the 3D Printing & Rapid Prototyping Services category efficiently. Negotiation levers and opportunities are explained in detail along with quantification of their potential. Benchmark KPIs for supplier and buyer performance management are also aggregated to better organize the category objectives. Other themes of advisory include ideal procurement organization structure, enablers to achieve KPIs or category objectives and ideal SLAs to have with suppliers.
Our research is complex, but our reports are easy to digest. Quantitative analysis and exhaustive commentary is placed in an easy to read format that gives you an in-depth knowledge on the category without spending hours to figure out “what does it mean for my company?”
SpendEdge presents a detailed picture of 3D Printing & Rapid Prototyping Services procurement solutions by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key category influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
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