Dry Erase Boards Category Procurement Intelligence Report

The report provides a comprehensive coverage on Dry Erase Boards category spend growth and regional spend segmentation insights, Dry Erase Boards price trends and Dry Erase Boards supply market analysis.

Our category grouping process defines that the overall Office Supplies market includes spend on all general office supplies and consumables - both movable and immovable. However, ICT consumables and printing supplies are excluded from the category. Dynamics of the global Dry Erase Boards market play out within this wider arena of Office Supplies market. Therefore, our coverage of the Dry Erase Boards category also operates within this broader boundary of the overall Office Supplies market.

Key questions on L4 procurement answered by this report

Strategic Sourcing Guide to Dry Erase Boards Procurement

Overview

A changing ecosystem within the Office Supplies market also affects the procurement process, cost dynamics and supplier attractiveness for the buyers of Dry Erase Boards. Globalization has opened new markets for suppliers. Dry Erase Boards market was historically a localized industry, but many geographies have seen introduction of new, foreign players who brought with them a new set of business practices and value propositions. Influx of this new competition has forced the traditional local suppliers to innovate and enhance their offerings to match the new benchmarks.

Service providers are incurring incremental expenditure on technology with the procurement and operation of advanced technologies and software to improve efficiencies and better serve the customers. Increasing technology-related expenditure is expected to have an inflationary impact on the procurement price offered to the buyers.

Recent advances in information technology and online commerce have allowed buyers to increasingly utilize e-auctioning as a mechanism to reduce costs across the value chain. E-auctioning allows buyers to reduce the procurement lead times, increase their supplier base and connect with sellers and intermediaries simultaneously.

Dry Erase Boards Procurement Best Practices

Dry Erase Boards 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 Dry Erase Boards procurement strategy.

For example, Buyers should engage with suppliers that can offer environment-friendly solutions that help reduce the carbon footprint. Some examples are products made from natural resins, recycled plastics, and wood from managed forests which are often ignored by SMEs/unorganized suppliers.

Instead of customarily fixing the contract length to one or two years, buyers should determine the contract length based on market conditions and their likely impact on cost in future.

Buyers must accumulate essential data across their information systems and suppliers to create benchmarks for cost, quality and service levels for Dry Erase Boards suppliers.


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Risks in Dry Erase Boards procurement

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


  • Offsite storage facilities face the risk of natural disasters such as earthquakes and floods that can lead to huge business losses. Hence, buyers should choose storage facilities based on climate control measures adopted, location of facilities, and fire suppression systems
  • 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
  • Pricing terms in the contract could prove to be inadequate to safeguard the buyer from impact of a sudden increase in supplier's cost, often arising from a lack of clarity on scope of products or services to be delivered

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Who should read this report

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

     

    You may have just initiated your research to design a winning Dry Erase Boards 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 Dry Erase Boards 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 Dry Erase Boards 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 Dry Erase Boards market?
    • What is the correct price to pay for Dry Erase Boards? What are the key trends and factors that influence current and future pricing?
    • Which selection criteria are the most important for Dry Erase Boards Suppliers Market?
    • Who are the top Dry Erase Boards suppliers? What are their cost structures?
    • Which negotiation levers can reduce Dry Erase Boards procurement cost ?
    • What are supplier margins in Dry Erase Boards market?
    • What are the best practices for Dry Erase Boards 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!

Dry Erase Boards Category Insights: What is inside

  • A comprehensive drill down on category sourcing execution: Data, insights, advisory

    The Dry Erase Boards 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 Dry Erase Boards procurement spend and pricing trends. The report further delves deep into the aspects of cost structure, total cost of ownership and supplier margins for Dry Erase Boards. 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 Dry Erase Boards 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 Dry Erase Boards 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.

  • Unrivalled breadth of category analysis: at your fingertips

    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
  • A lucid, easy to read format: Enabling fast decisions

    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 Dry Erase Boards 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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