The report provides a comprehensive coverage on Plums category spend growth and regional spend segmentation insights, Plums price trends and Plums supply market analysis.
GET FREE SAMPLEThis report on global Plums category is part of a larger series of reports on global Environmental Goods market. The scope of Environmental Goods spans multiple categories and is typically identified as a procurement category that includes all spend related to the provision of materials used for or procured from agricultural, horticultual and animal-related activities.
Several macro changes in the dynamics of overall Environmental Goods as well as Plums procurement trends are poised to change the business practices and procurement thumb rules. Buyers are moving towards longer contract durations with suppliers of Plums to benefit from value-based discounts, integrated products and services, lower renewal cost and lesser expenses on contracting activities. Many suppliers are trying to enhance the efficiencies and productivity within their operations through investment in new technologies and an overhaul of processes. Some of these initiatives are likely to influence their cost structure adversely till the time they recover their investments. However, a successful implementation of these programs can benefit them with a better cost proposition in the longer run. Technology is improving productivity and creating fresh demand. Convergence of data science, automation tools, 3D printing, robotics, AI and big data has opened up multiple possibilities to better serve customers at a lower operational cost. Category managers need to take note of the potential of these developments and reassess the changes required in their procurement 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 Plums. To help quick decision making, this report advises on several procurement best practices that have worked well for category managers. For example, Buyers can consider engaging suppliers that use advanced technologies such as automation, robotics, and lean manufacturing in their manufacturing process. The use of such technologies enables suppliers to control their OPEX and reduce TAT, which will help buyers avail volume-based discounts on category purchases.Buyers should proactively manage relations with Plums suppliers and have pre-determined intervention criteria for onboarding or replacing a supplier, changing specifications or terms and conditions.Buyers need to evaluate the in-depth expertise of suppliers in the Plums industry. This can be assessed by considering factors such as the years of experience, number of resources that have multi-year experience of working in the same industry and at least 3 to 5 credentials for the supplier.
Activate your free account to gain easy access to cutting edge research and insights on consumers, emerging price trends, global and regional suppliers.
Plums procurement managers also need to proactively identify and mitigate potential risks that can arise in the supply chain or contracts for Plums procurement. Some examples include:
For detailed insights and complete access to our report library, activate your free account!
The report is intended to serve as a one-stop reference guide for Plums 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 “Plums: Procurement Report 101” as well as for category experts actively tracking the global Plums procurement market.
You may have just initiated your research to design a winning Plums procurement strategy, or you may be a category expert looking for strategic insights and updated data.Either ways, the report has your requirements covered.
Unlock SpendEdge's comprehensive procurement report collection with ease through our procurement platform.
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 Plums 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 Plums 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 Plums procurement spend and pricing trends. The report further delves deep into the aspects of cost structure, total cost of ownership and supplier margins for Plums. 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 Plums 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 Plums 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 Plums 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 Stone Fruit Market - Procurement Intelligence Report
Global Spinach Market - Procurement Intelligence Report
Global Plants For Insecticides And Fungicides Market - Procurement Intelligence Report
Global Gooseberries Market - Procurement Intelligence Report
Global Tangerines Market - Procurement Intelligence Report
Global Cucumbers Market - Procurement Intelligence Report
Global Broccoli Market - Procurement Intelligence Report
Global Flower Bulbs Market - Procurement Intelligence Report
Global Agricultural Products 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.