Non-Digital Artwork Production Market Procurement Intelligence Report

Communication Services market around the world is undergoing rapid transitions that have a massive potential to influence the way companies strategize for Non-Digital Artwork Production procurement and the cost they have to incur. An intense competition in the supply market owing to new entrants is expected to provide more procurement options to buyers for Non-Digital Artwork Production and offer significant negotiation leverage.

Rising cost of workforce possessing core skill sets is expected to offset some of the cost savings that suppliers are expecting through implementation of lean and technology-based operations.

In the broader industry, automated tools and advanced technology is making inroads and even replacing some of the non-core workforce of suppliers. As a result, overall cost structure of suppliers has become more favorable across the industry and buyers of Non-Digital Artwork Production can expect to benefit from lower costs of suppliers once they break even with their investments in technology.

Non-Digital Artwork Production 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 Non-Digital Artwork Production procurement strategy.

For example, Buyers must ensure that service providers cater to their requirements by implementing centralization of content to maintain the project objective.

Buyers should engage with service providers that can consolidate multiple marketing, advertising and communications disciplines such as SEO, SEM, social media management, and traditional advertising. Such consolidation increases cost savings, convenience, and facilitates supplier performance benchmarking.

Buyers should engage with service providers that provide services through an hourly based pricing model. Within an hourly based pricing model, buyers would have a fair idea of the exact time required for the work done by service provider. Consequently, billing rates will be implemented accordingly.

Non-Digital Artwork Production procurement managers also need to proactively identify and mitigate potential risks that can arise in the supply chain or contracts for Non-Digital Artwork Production procurement. Some examples include: