Paper Procurement | Market, Trends, Growth | Suppliers Analysis

Strategic Sourcing Guide to Paper Procurement

Overview

Warehousing and Storage market around the world is undergoing rapid transitions that have a massive potential to influence the way companies devise Paper market procurement strategies and the cost they have to incur. Rise in minimum labor wages across countries such as the US and China will result in increased employee expenses for Paper suppliers who will be forced to pass on a part of this increase to their buyers.

Service providers have begun to use advanced technologies and tools such as loT, predictive analysis and big data for optimal asset utilization, geofencing, warehouse management, and smart inventory management. The efficiencies gained by using new technology and improvement in customer service capabilities are significant. More and more suppliers are moving towards adopting these technologies to realize significant efficiency gains in the longer run, however, it may also increase their OPEX in the short run.

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

Paper Market Procurement Best Practices

As market conditions become more dynamic and procurement practices get more sophisticated, category managers need to be cognizant of the best practices that work for their Paper category procurement. The report offers a succinct analysis of Paper market procurement best practices.

For example, It is important that buyers assess the operating model of service providers to determine the best-fit case for their organizations. Buyers need to determine if services offered by the providers are comprehensive and involve adequate resource support and a well-defined customizable execution plan.

Service providers have begun to use advanced technologies and tools such as loT, predictive analysis and big data for optimal asset utilization, geofencing, warehouse management, and smart inventory management. The efficiencies gained by using new technology and improvement in customer service capabilities are significant. More and more suppliers are moving towards adopting these technologies to realize significant efficiency gains in the longer run, however, it may also increase their OPEX in the short run.

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

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Risks in Paper procurement

Procurement managers responsible for Paper market procurement strategies also need to proactively identify and mitigate potential risks that can arise in the supply chain or contracts for Paper procurement. Some examples include:

IT risks related to security breach and malfunction and disruption in the operation of the systems pose significant risks in the category market. Also, there is an increasing competition from startups and technology providers that implement emerging technologies such as big data analytics and IoT that offer platform-based and dedicated delivery solutions pose significant risks to the suppliers
The volatility in fuel prices and capacity constraints affect the cost structures of suppliers. Fuel costs account for the largest part of the operational costs for the suppliers. Therefore, an increase in the fuel costs significantly increases the suppliers' operating expenditure
When requirements of the buyers are not absolutely clear or usage patterns are not stable or predictable, suppliers often build in \"cost buffers\" for unforeseen risks due to a lack of complete understanding on buyer's requirements. This increases the risk of overspending on Paper

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Who should read this report

The report is intended to serve as a one-stop reference guide for Paper market procurement strategies and offers a perfect blend of category basics with deep-dive category data and insights. Therefore, it is ideal for category beginners looking for “Paper Market: Procurement Intelligence Report 101” as well as for category experts actively tracking the global Paper procurement intelligence market.

You may have just initiated your research to design winning Paper market procurement strategies, or you may be a category expert looking for strategic insights and updated data.Either ways, the Paper market procurement intelligence report has your requirements covered.

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Key questions answered by Paper procurement intelligence report

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

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Paper Procurement Intelligence Report: What is inside

The Paper market procurement intelligence 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, Paper market 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 Paper procurement spend and pricing trends. The report further delves deep into the aspects of cost structure, total cost of ownership and supplier margins for Paper. 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 Paper 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 Paper market procurement best practices and strategies to manage the 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 Paper 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 carried out with paper market procurement intelligence tools.