Facilities Management Software Development Services Suite Market Procurement Intelligence Report

The market for Consultancy and its sub-segments such as Facilities Management Software Development Services Suite are at an interesting intersection. Certain non-compliance scandals in the broader professional services industry has pushed both clients and suppliers to put in proper processes and protocols that reduce non-compliance, protect data and information and demonstrate ethical business practices.

The concept of virtual firms is getting popular. By placing the entire infrastructure in cloud services, and utilizing a small number of physical offices, Facilities Management Software Development Services Suite suppliers are trying to cut their costs and developing cost competitive propositions for buyers.

The market is rapidly showing signs of a great divide - at one extreme is a low-cost market with almost commoditized services and at the other end is the market for high cost specialized services. Facilities Management Software Development Services Suite vendors are adopting starkly different business models and cost structures in an effort to address both the markets.

Trends like these and many others discussed in this report are necessitating a relook at the way Facilities Management Software Development Services Suite is procured and the procurement cost saving opportunities that exist.

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 Facilities Management Software Development Services Suite. To help quick decision making, this report advises on several procurement best practices that have worked well for category managers.

For example, Buyers need to adopt a single sourcing model instead of sourcing from different consultants to strengthen their partnership with the selected service provider. This also reduces management complexity, as they need to deal with a single Point of contact.

Buyers should engage with service providers through a performance-based pricing model wherein consultants should be paid based on the quality of services delivered by them.

Buyers must request for breakup costs for each service to gain better visibility into service providers pricing.

Facilities Management Software Development Services Suite procurement managers also need to proactively identify and mitigate potential risks that can arise in the supply chain or contracts for Facilities Management Software Development Services Suite procurement. Some examples include: