A buying guide for Metering Services category – enriched with research on Metering Services procurement spend patterns, Metering Services pricing intelligence, market dynamics and top suppliers of Metering Services.
GET FREE SAMPLEOur category grouping process defines that the overall Energy market includes all spend related to the provision of energy including electricity, gas and alternative energy. This includes management related services such as meter reading and any levies, but does not include the provision of infrastructure installations for energy. Dynamics of the global Metering Services market play out within this wider arena of Energy market. Therefore, our coverage of the Metering Services category also operates within this broader boundary of the overall Energy market.
Several macro changes in the dynamics of overall Energy as well as Metering Services procurement trends are poised to change the business practices and procurement thumb rules. Price volatility is creating multiple challenges that impact the Metering Services category such as benchmarking and budgeting the procurement costs. Suppliers have put greater emphasis on evaluation of their traditional business models and find opportunities that can create value for themselves as well as their clients. Digitization of assets, processes and systems has enabled new value propositions and cost saving opportunities within the Metering Services category. Category managers need to take note of the potential of these developments and reassess the changes required in their procurement practices.
Metering Services procurement best practices are moving towards a level of sophistication which is typically seen in traditional procurement categories. Category managers now have an attractive opportunity to adapt the best practices seen within this category as well as those being leveraged in other non-related categories. This report summarizes the best practices picked from across multiple categories that could work well for category managers involved with Metering Services procurement strategy. For example, Buyers should proactively manage relations with Metering Services suppliers and have pre-determined intervention criteria for onboarding or replacing a supplier, changing specifications or terms and conditions. Buyers need to employ robust should-cost models and total cost of ownership models to aid Metering Services supplier selection and pricing negotiations. Buyers of fuels must adopt regional sourcing model to obtain the benefits of reduced logistics costs, reduced inventory costs and lower turnaround times.
Activate your free account to gain easy access to cutting edge research and insights on consumers, emerging price trends, global and regional suppliers.
Metering Services procurement managers also need to proactively identify and mitigate potential risks that can arise in the supply chain or contracts for Metering Services procurement. Some examples include:
For detailed insights and complete access to our report library, activate your free account!
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 Metering 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 Metering 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 “Metering Services: Procurement Report 101” as well as for category experts actively tracking the global Metering Services procurement market.
Unlock SpendEdge's comprehensive procurement report collection with ease through our procurement platform.
The Metering 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:
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 Metering 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 Metering 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 Metering 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 Metering 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 Metering 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 Metering 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.
Global Gas Cylinders and Accessories Market - Procurement Intelligence Report
Global Bulk Gases Market - Procurement Intelligence Report
Global Liquid Petroluem Market - Procurement Intelligence Report
Global Liquid Oxygen Market - Procurement Intelligence Report
Global Special Gasses Market - Procurement Intelligence Report
Global Calibration Gas Market - Procurement Intelligence Report
Global Cylinder Gases Market - Procurement Intelligence Report
Global LPG Market - Procurement Intelligence Report
Global Fuel Tank Accessories Market - Procurement Intelligence Report
Access this report and our entire procurement platform | Plans starting from USD 3000/ Year Buy Now
Copyright © 2024 Infiniti Research Limited. All Rights Reserved. Privacy Notice – Terms of Use – Sales and Subscription
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. You may change your settings based on a legitimate interest at any time, by selecting “Manage Settings” on our site. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
