Printed Shipping Boxes Category Procurement Intelligence Report

Business practices within Printed Shipping Boxes market are heavily influenced by changing trends across the category as well as within the broader Warehousing and Storage market. Sustainability has emerged as a pivotal theme for procurement decisions related to supply chain. Companies are expecting their suppliers to internalize globally accepted sustainability practices and demonstrate a solid history of putting in practice similar principles. It is worth noting that practices of sustainability are not limited to only environmental impact but has taken a greater meaning of practices that can reduce the overall cost of operations in the long term.

Managing the logistics risks and building a resilient supply chain has taken the centerstage among corporate priorities. Companies are investing heavily to be able to detect disruptions in time and respond in a manner which does not put the core operations at risk. All suppliers within the ecosystem are expected to play their part and embrace the processes, tools and technologies that their customers have implemented to build a resilient supply chain.

Large global suppliers are entering into JVs and M&As with vendors that can provide them a solid footing for regional play.

As a result, category managers need to closely monitor the Printed Shipping Boxes procurement trends and identify changes required in their procurement environment for the category.

The report discusses in detail the best practices that have served well the category managers responsible for Printed Shipping Boxes procurement.

For example, It is important for category managers to track and measure supplier performance against a defined set of KPIs that are agreed upon by both parties during contract negotiation, including inventory accuracy, dock-to-stock, and on-time shipment. This is critical to ensure the optimal level of service. Suppliers' performance can also be linked to a part of their fee, which can be paid depending on the level of services rendered.

Buyers should enter in long-term partnerships and collaborative relationships with service providers to benefit from economies of scale and reduced cost. Long-term contracts are established to avoid renewal costs and avoid time spent on renegotiation.

Buyers need to discuss business goals and strategic imperatives with service providers to understand their mode of operation and establish control over important parameters of the supply chain.

Printed Shipping Boxes procurement managers also need to proactively identify and mitigate potential risks that can arise in the supply chain or contracts for Printed Shipping Boxes procurement. Some examples include: