Digital Offset Equipment | Suppliers | Pricing Trends , Best Practices

Strategic Sourcing Guide to Digital Offset Equipment Procurement

Overview

Printing Machinery and Equipment market around the world is undergoing rapid transitions that have a massive potential to influence the way companies strategize for Digital Offset Equipment procurement and the cost they have to incur. Digital printing has made significant in-roads at the expense of offset printing owing to its benefits such as order flexibility, optimized stock handling, and minimization of time-to-market for printed content.

Rapid digitization of workspace and work processes has significantly reduced the use of paper in corporate world and therefore, industry has seen a consistent decline of print volumes. Still, the term \"paperless office\" will take years to become a common phenomenon. Print is here to stay and will co-exist with the digital document solutions in a \"paper-light\" corporate world.

Buyers prefer to engage suppliers whose offerings span beyond Digital Offset Equipment. The practice brings in several advantages such as rationalization of supplier base, economies of scale and reduced category management cost.

Digital Offset Equipment Procurement Best Practices

Digital Offset Equipment 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 Digital Offset Equipment procurement strategy.

For example, Personalization of posters, cards, and messages have a high impact on end-consumers during marketing campaigns and therefore, preferred suppliers must have the capabilities to offer personalization in digital printing.

Buyers should compare critical capabilities of suppliers based on security policies regarding materials provided, types of printers used, print color guarantees and TAT and onboard those that can offer a one-stop solution.

Buyers should engage with service providers that offer binding and finishing services in a short TAT. This helps in eliminating issues related to scoring, folding, perforating, and binding within the digital printing process.

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Risks in Digital Offset Equipment procurement

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

Procurement without consulting the actual users of Digital Offset Equipment may result in a mismatch in expectations of the buyer's internal stakeholders versus the actual contract executed
Commercial printing is considered as a manufacturing activity in many countries, and they are required to comply with various laws with respect to environment and human safety. However, non-adherence to any of the international or regional laws can impact the brand image of the supplier as well as result in hefty fines or removal of operating license
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

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Who should read this report

The report is intended to serve as a one-stop reference guide for Digital Offset 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 “Digital Offset Equipment: Procurement Report 101” as well as for category experts actively tracking the global Digital Offset Equipment procurement market.

You may have just initiated your research to design a winning Digital Offset 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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Key questions on Digital Offset Equipment procurement answered by 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!!

The Digital Offset 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:

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

Digital Offset Equipment Category Insights: What is inside

The Digital Offset 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.

Data

A key highlight of this report is the in-depth outlook created on Digital Offset 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 Digital Offset Equipment. 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 Digital Offset 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.

Advisory

Additionally, the report also advises on the best practices and strategies to manage the Digital Offset 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.

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?”

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Category Research Framework

SpendEdge presents a detailed picture of Digital Offset 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.