A purchasing guide for Ancillary Training Services – rich advisory on spend outlook in Ancillary Training Services, pricing analysis for Ancillary Training Services procurement cost benchmarking, negotiation strategies and key vendors of Ancillary Training Services.
GET FREE SAMPLEThis report on global Ancillary Training Services category is part of a larger series of reports on global Development and Training market. The scope of Development and Training spans multiple categories and is typically identified as a procurement category that includes all spend related to the provision of training and tuition that leads to skills development. The category may include spend on training and development materials if the contract includes goods and services.
Several macro changes in the dynamics of overall Development and Training as well as Ancillary Training Services procurement trends are poised to change the business practices and procurement thumb rules. Buyers that have multiple locations under management are increasingly opting for a single supplier who can deliver L&D services in a consistent manner across locations. Often global L&D suppliers are preferred in such cases. Integration of the latest technology in learning requires significant investments and therefore procurement costs are expected to rise for learning modules based on advanced technologies. In the long run, buyers could see stable pricing as suppliers recover their technology cost. The market for e-learning services is exploding in developed and developing economies alike. L&D possibilities enabled by gamification, LMS apps and new content delivery methods have impacted the procurement of Ancillary Training Services in a massive way. Category managers need to take note of the potential of these developments and reassess the changes required in their procurement practices.
It has become imperative for category managers to remain as agile as possible in terms of their procurement practices. However, it is not always easy to quickly spot and implement alternative practices in a category like Ancillary Training Services. To help quick decision making, this report advises on several procurement best practices that have worked well for category managers. For example, Buyers should engage with service providers that offer interactive training solutions such as gamification, VR, and interactive videos to simulate real-world applications. These solutions are known to improve the effectiveness of learning programs.Buyers need to adopt renegotiation strategies with existing service providers to receive better quotes and discounts. Negotiation can take place based on the supplier's previous performance, performance of employees after the completion of L&D program or technology adoption by suppliers.Buyers can collaborate with their suppliers based on a reward-sharing basis. This can be done by providing special recognition to them at the annual meetings of buyers for high performance or mentioning their brand name on own websites.
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Ancillary Training Services procurement managers also need to proactively identify and mitigate potential risks that can arise in the supply chain or contracts for Ancillary Training Services procurement. Some examples include:
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The report is intended to serve as a one-stop reference guide for Ancillary Training 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 “Ancillary Training Services: Procurement Report 101” as well as for category experts actively tracking the global Ancillary Training Services procurement market.
You may have just initiated your research to design a winning Ancillary Training 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.
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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!!
The Ancillary Training 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 Ancillary Training 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 Ancillary Training 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 Ancillary Training 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 Ancillary Training 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 Ancillary Training 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 Ancillary Training 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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