A complete buyer's guide that provides comprehensive insights on Off Road Equipment category spend, spend growth and regional segmentation; in-depth price trends; negotiation levers and analysis of Off Road Equipment suppliers.
GET FREE SAMPLEOur category grouping process defines that the overall Purchase market includes all spend related to the purchase of non - military fleet comprising of vehicles, vessels, aircrafts or other such transportation means. The spend may include bulk purchase or purchase of limited number of vehicles. Dynamics of the global Off Road Equipment market play out within this wider arena of Purchase market. Therefore, our coverage of the Off Road Equipment category also operates within this broader boundary of the overall Purchase market.
Purchase market around the world is undergoing rapid transitions that have a massive potential to influence the way companies strategize for Off Road Equipment procurement and the cost they have to incur. Regulatory changes are taking place more frequently and, in some cases, randomly. It is getting difficult to align procurement with all the new regulations, especially when category managers are responsible for multiple regions with different regulations. Accident prevention features are more effective and cost friendly then they were even three years ago, opening opportunities to reduce Total Cost of Ownership. Many suppliers are reeling under pressure from a lack of sufficiently trained manpower in enough numbers.
The report discusses in detail the best practices that have served well the category managers responsible for Off Road Equipment procurement. For example, The adoption of advanced technologies such as telematics and IVMS enables buyers to track vehicles, increase fuel efficiency, reduce carbon emissions, and increase cost savings. These technologies ensure buyers safety and increase the efficiency of their fleet. Buyers should engage with service providers that utilize technologies to generate reports with respect to fleet condition and services delivered. Vehicle replacement cycles is a mechanism used to calculate maintenance and depreciation-related costs associated with a vehicle. Service providers perform such calculations on behalf of buyers. Vehicle replacement cycles enable end-users to follow safety measures and minimize operating costs. These are calculated after a certain mileage or specific years of use. Furthermore, buyers should engage with service providers that offer analysis with respect to fuel consumed as well as provide maintenance and repair services.
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Off Road Equipment procurement managers also need to proactively identify and mitigate potential risks that can arise in the supply chain or contracts for Off Road Equipment procurement. Some examples include:
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The report is intended to serve as a one-stop reference guide for Off Road Equipment 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 “Off Road Equipment: Procurement Report 101” as well as for category experts actively tracking the global Off Road Equipment procurement market.
You may have just initiated your research to design a winning Off Road Equipment 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 Off Road Equipment 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:
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The Off Road Equipment 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 Off Road Equipment procurement spend and pricing trends. The report further delves deep into the aspects of cost structure, total cost of ownership and supplier margins for Off Road Equipment. 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 Off Road Equipment 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 Off Road Equipment 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 Off Road Equipment 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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