The report provides a comprehensive coverage on Non-Digital Display Media category spend growth and regional spend segmentation insights, Non-Digital Display Media price trends and Non-Digital Display Media supply market analysis.
GET FREE SAMPLEOur category grouping process defines that the overall Communication Services market includes all spend related to mass communication services, such as television and radio broadcasts and internet. The spend on production and content generation is also included, but related consultancy or advisory is excluded. Dynamics of the global Non-Digital Display Media market play out within this wider arena of Communication Services market. Therefore, our coverage of the Non-Digital Display Media category also operates within this broader boundary of the overall Communication Services market.
Business practices within Non-Digital Display Media market are heavily influenced by changing trends across the category as well as within the broader Communication Services market. Buyers are moving towards longer contract durations and strategic partnerships with suppliers to benefit from value-based discounts, integrated services, low renewal cost and lesser expenses on contracting activities. Rising cost of workforce possessing core skill sets is expected to offset some of the cost savings that suppliers are expecting through implementation of lean and technology-based operations. In the broader industry, automated tools and advanced technology is making inroads and even replacing some of the non-core workforce of suppliers. As a result, overall cost structure of suppliers has become more favorable across the industry and buyers of Non-Digital Display Media can expect to benefit from lower costs of suppliers once they break even with their investments in technology. As a result, category managers need to closely monitor the Non-Digital Display Media procurement trends and identify changes required in their procurement environment for the category.
Non-Digital Display Media 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 Non-Digital Display Media procurement strategy. For example, Service providers often hire subcontractors to assist in certain aspects of a project. Buyers must ensure that subcontractors are bound by the same terms and conditions that main service providers adhere to. Buyers should also ensure that the project budget does not exceed while negotiating with subcontractors. Buyers should engage with service providers that can consolidate multiple marketing, advertising and communications disciplines such as SEO, SEM, social media management, and traditional advertising. Such consolidation increases cost savings, convenience, and facilitates supplier performance benchmarking. It is customary for service provider to charge buyers on a project basis. The project costs are often based on payroll costs incurred by service providers on the various levels of personnel involved in the project. In a bid to derive higher profits, service providers may allocate more senior staff than required. Therefore, buyers must scrutinize the staffing needs of the project and limit the presence of senior staff to not more than 30% of the total allocated staff. This, in turn, providers buyers' advantages such as enhanced cost savings, streamlined execution, and faster delivery time.
Activate your free account to gain easy access to cutting edge research and insights on consumers, emerging price trends, global and regional suppliers.
Non-Digital Display Media procurement managers also need to proactively identify and mitigate potential risks that can arise in the supply chain or contracts for Non-Digital Display Media procurement. Some examples include:
For detailed insights and complete access to our report library, activate your free account!
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!!
You may have just initiated your research to design a winning Non-Digital Display Media procurement strategy, or you may be a category expert looking for strategic insights and updated data.Either ways, the report has your requirements covered.
The report is intended to serve as a one-stop reference guide for Non-Digital Display Media 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 “Non-Digital Display Media: Procurement Report 101” as well as for category experts actively tracking the global Non-Digital Display Media procurement market.
Unlock SpendEdge's comprehensive procurement report collection with ease through our procurement platform.
The Non-Digital Display Media 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 Non-Digital Display Media 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 Non-Digital Display Media procurement spend and pricing trends. The report further delves deep into the aspects of cost structure, total cost of ownership and supplier margins for Non-Digital Display Media. 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 Non-Digital Display Media 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 Non-Digital Display Media 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 Non-Digital Display Media 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 Digital Stock Images Market - Procurement Intelligence Report
Global Non-Digital Artwork Production Market - Procurement Intelligence Report
Global Managed Network Products and Services For Telecom Operators Market - Procurement Intelligence Report
Global Digital Display Media Market - Procurement Intelligence Report
Global Online Images Market - Procurement Intelligence Report
Global Corporate Entertainment Market - Procurement Intelligence Report
Global Studio Usage Market - Procurement Intelligence Report
Global Photography Services Market - Procurement Intelligence Report
Global Final Artwork/ Proof 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.