A complete buyer's guide that provides comprehensive insights on Imaging category spend, spend growth and regional segmentation; in-depth price trends; negotiation levers and analysis of Imaging suppliers.
GET FREE SAMPLEEcosystem of the global Imaging category is intertwined with the larger parent market of Science and Environmental Research. Our category definition describes that overall Science and Environmental Research market includes all spend related to research of scientific, medical, technological and environmental subjects for commercial or social purposes.
Science and Environmental Research market around the world is undergoing rapid transitions that have a massive potential to influence the way companies strategize for Imaging procurement and the cost they have to incur. New locations and vendors are emerging as cost effective suppliers of Imaging, offering an opportunity to widen the supplier base and gain further negotiation leverage with incumbent suppliers. Most suppliers of Imaging are moving up the value chain and offering integrated services that go beyond just Imaging. Buyers are increasingly collaborating with vendors who can offer one-stop solutions as they now have fewer suppliers to manage and can achieve greater cost savings that arises out of awarding a larger contract to a supplier. There are only a handful of \"Tier 1\" vendors in the Imaging market and they have traditionally enjoyed a premium in their pricing. However, Tier 2 suppliers are giving them a tough competition now as they can provide similar services at a lower cost. Many tier 2 suppliers achieve this parity by finding right talent at a relatively lower cost and maintaining lean operations without any frills.
The report discusses in detail the best practices that have served well the category managers responsible for Imaging procurement. For example, Buyers can engage in pilot projects with interested service providers to assess their capabilities. This also helps buyers to assess the cost benefits and value proposition of the proposal. Buyers should invite bids from all potential service providers that can meet overall requirements. Bids must be evaluated based on pre-defined parameters such as reputation, service offerings, geographical knowledge and expertise, and track record. Buyers can use standard scorecards to evaluate service providers and provide necessary comments to rationalize the given scores. This helps effectively document the decision-making process for buyers. Adequate RFP response time should be built in for prospective suppliers to enable them understand the scope and performance requirements.
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Imaging procurement managers also need to proactively identify and mitigate potential risks that can arise in the supply chain or contracts for Imaging procurement. Some examples include:
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The report is intended to serve as a one-stop reference guide for Imaging 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 “Imaging: Procurement Report 101” as well as for category experts actively tracking the global Imaging procurement market.
You may have just initiated your research to design a winning Imaging 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 Imaging 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:
SpendEdge Insights has helped procurement professionals and sourcing teams manage multiple spend areas and achieve more than $2 billion in savings. Activate your free account today!
The Imaging 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 Imaging procurement spend and pricing trends. The report further delves deep into the aspects of cost structure, total cost of ownership and supplier margins for Imaging. 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 Imaging 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 Imaging 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 Imaging 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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