Non-Digital Creative Development Market Procurement Intelligence Report

A purchasing guide for Non-Digital Creative Development – rich advisory on spend outlook in Non-Digital Creative Development, pricing analysis for Non-Digital Creative Development procurement cost benchmarking, negotiation strategies and key vendors of Non-Digital Creative Development.

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Scope of the report

Our category grouping process defines that the overall Advertising market includes all spend related to the provision of advertising services and distribution of advertising. The production of printed advertising materials is typically excluded unless the advertising service provider is also responsible for production. Dynamics of the global Non-Digital Creative Development market play out within this wider arena of Advertising market. Therefore, our coverage of the Non-Digital Creative Development category also operates within this broader boundary of the overall Advertising market.

KEY PROCUREMENT INSIGHTS COVERED

Strategic Sourcing Guide to Non-Digital Creative Development Procurement

Overview

The market for Advertising and its sub-segments such as Non-Digital Creative Development are at an interesting intersection. In recent years, the market has witnessed a significant number of strategic collaborations, mergers, and acquisitions. Such developments have enabled the suppliers to expand their portfolio of offerings, geographic presence, and value chain. Moreover, suppliers have also gained access to new technologies and resources.

Price rise in certain essential assets and supplies required to deliver Non-Digital Creative Development is making a significant addition to the supplier's overall expenditure. This could have an inflationary impact on buyer's procurement expenditure in the Non-Digital Creative Development market.

An intense competition in the supply market owing to new entrants is expected to provide more procurement options to buyers for Non-Digital Creative Development and offer significant negotiation leverage.

Trends like these and many others discussed in this report are necessitating a relook at the way Non-Digital Creative Development is procured and the procurement cost saving opportunities that exist.

Non-Digital Creative Development Procurement Best 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 Non-Digital Creative Development. To help quick decision making, this report advises on several procurement best practices that have worked well for category managers.

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

Having dedicated on-site staff from the service provider is a highly recommended measure for reducing category lead time for buyers.

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.


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Risks in Non-Digital Creative Development procurement

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


  • Suppliers may face a situation where they are unable to honor a contract in its entirety due to shortage of resources, finances or capabilities. While contractual terms safeguard buyers from the non-performance, their operations could still face massive disruptions due to suppliers' non-performance
  • Procurement without consulting the actual users of Non-Digital Creative Development may result in a mismatch in expectations of the buyer's internal stakeholders versus the actual contract executed
  • Communication service providers operating across regions can be easily affected by fluctuations in exchange rates. Even though they use foreign currency derivative instruments to reduce risks, the inflated state of currency in certain economies can affect the business of communication houses

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Who should read this report

  • 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 Non-Digital Creative Development 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 Non-Digital Creative Development 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 “Non-Digital Creative Development: Procurement Report 101” as well as for category experts actively tracking the global Non-Digital Creative Development procurement market.

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Key questions on Non-Digital Creative Development procurement answered by this report


    The Non-Digital Creative Development 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:

     

    • What is the spend potential in the Non-Digital Creative Development market?
    • What is the correct price to pay for Non-Digital Creative Development? What are the key trends and factors that influence current and future pricing?
    • Which selection criteria are the most important for Non-Digital Creative Development Suppliers Market?
    • Who are the top Non-Digital Creative Development suppliers? What are their cost structures?
    • What are supplier margins in Non-Digital Creative Development market?
    • Which negotiation levers can reduce Non-Digital Creative Development procurement cost ?
    • What are the best practices for Non-Digital Creative Development procurement and what are the potential risks?

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!

Non-Digital Creative Development Category Insights: What is inside

The Non-Digital Creative Development 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.

Data

A key highlight of this report is the in-depth outlook created on Non-Digital Creative Development procurement spend and pricing trends. The report further delves deep into the aspects of cost structure, total cost of ownership and supplier margins for Non-Digital Creative Development. A dedicated section to supplier profiles and evaluation helps decision makers cast a wider procurement net and identify gaps in existing relationships.

Insights

Along with specific category and supplier intelligence, the publication also includes curated insights on Non-Digital Creative Development 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.

Advisory

Additionally, the report also advises on the best practices and strategies to manage the Non-Digital Creative Development 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.

Category Ecosystem

  • Buyer and supplier ecosystem
  • Competitiveness index
  • Buyer and supplier power
  • Threat of new entrants and substitutes

Global and Regional Sourcing Insights

  • Category spend
  • Spend growth
  • Dynamics
  • Opportunities

Pricing and Cost Analysis

    • Pricing outlook and data
    • Drivers of pricing
    • Cost structure and inputs cost
    • Total cost of ownership
    • Pricing models and margins

Cost Saving Opportunities & Negotiation Strategies

  • Buyer and supplier side levers
  • Quantified cost saving opportunities
  • Negotiation strategies and quantified outcome

Procurement Best Practices, Strategy and Enablers

  • Procurement excellence
  • Sustainability and innovation
  • KPIs and category enablers
  • Risk management and outsourcing

Vendor Analysis

  • RFx essentials and selection criteria
  • SLAs
  • Supplier evaluation metrics
  • Detailed supplier profiles

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?”

Category Research Framework


SpendEdge presents a detailed picture of Non-Digital Creative Development 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.

Information Sources


Primary research
Secondary research
Procurement heads
Industry journals and reports
Category managers
Periodicals and new articles
Sourcing consortium professionals
Category webinars
Industry experts and thought leaders
Internal categiry playbooks
Procurement managers
Industry/government websites on regulations, compliance
Category heads of suppliers
Internal databases
Client account heads/managers
Industry blogs/thought leader briefings
Client and industry consultants

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