Redundant Array of Independent Disk (RAID) Market Procurement Intelligence Report

A complete buyer's guide that provides comprehensive insights on Redundant Array of Independent Disk (RAID) category spend, spend growth and regional segmentation; in-depth price trends; negotiation levers and analysis of Redundant Array of Independent Disk (RAID) suppliers.

This report on global Redundant Array of Independent Disk (RAID) category is part of a larger series of reports on global End User Software and Hardware market. The scope of End User Software and Hardware spans multiple categories and is typically identified as a procurement category that includes all spend relating to the provision of off the shelf software, computer equipment, components, upgradation and replacement.

Key questions on L4 procurement answered by this report

Strategic Sourcing Guide to Redundant Array of Independent Disk (RAID) Procurement

Overview

Business practices within Redundant Array of Independent Disk (RAID) market are heavily influenced by changing trends across the category as well as within the broader End User Software and Hardware market. Rise in the cost of certain essential assets and supplies required to deliver Redundant Array of Independent Disk (RAID) is making a significant addition to the supplier's overall expenditure. This could have an inflationary impact on buyer's procurement expenditure in the Redundant Array of Independent Disk (RAID) market.

The cut-throat competition in the category is compelling suppliers to go aggressive on their pricing structure and increase their spend on sales and marketing activities. As a result, most suppliers are feeling a pressure on their margins and trying to offer higher margin value added services to have a better control on their profitability.

The supply market has undergone several structural changes including introduction of several new vendors every year, M&As and vertical integration efforts of suppliers. This has resulted in some issues such as erosion of previously established supplier relationships but has also opened new opportunities to onboard new suppliers that offer a solution with better fitment or a wider range of offerings in .

As a result, category managers need to closely monitor the Redundant Array of Independent Disk (RAID) procurement trends and identify changes required in their procurement environment for the category.

Redundant Array of Independent Disk (RAID) Procurement Best Practices

It has become imperative for category managers to remain as agile as possible in terms of their procurement practices. However, it is not always easy to quickly spot and implement alternative practices in a category like Redundant Array of Independent Disk (RAID). To help quick decision making, this report advises on several procurement best practices that have worked well for category managers.

For example, Procurement functions should develop custom processes to gain better visibility and involve Redundant Array of Independent Disk (RAID) suppliers early in the procurement process.

Buyers must clearly define clauses pertaining to the ownership of subcontracting services that are not a part of preferred suppliers' portfolios. Subcontractors should be bound by the same terms and conditions as the main contractor to ensure consistency in quality and manage any adverse event such as data breach.

Investing in benchmarking studies not only helps category managers to improve their knowledge about market pricing or billing rates but also in negotiating with suppliers. In fact, this holds true for all technology procurement sub-categories.


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Risks in Redundant Array of Independent Disk (RAID) procurement

Redundant Array of Independent Disk (RAID) procurement managers also need to proactively identify and mitigate potential risks that can arise in the supply chain or contracts for Redundant Array of Independent Disk (RAID) procurement. Some examples include:


  • Natural disasters can sometimes impact the entire industry to a significant extent and disrupt supply chains. For example, during the floods that ravaged Thailand in 2011, many electronic manufacturing facilities were flooded and the prices of peripherals shot up by more than 100%
  • Contract-related risks where unfavorable credit terms may severly penalize buyers for delayed payments or entitle the supplier to demand pre-payments or shorten the payment terms are not very common in the category but they do exist in certain situations where buyers' liquidity or financial health is in question
  • 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 Redundant Array of Independent Disk (RAID) 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 “Redundant Array of Independent Disk (RAID): Procurement Report 101” as well as for category experts actively tracking the global Redundant Array of Independent Disk (RAID) procurement market.

     

    You may have just initiated your research to design a winning Redundant Array of Independent Disk (RAID) 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 Redundant Array of Independent Disk (RAID) 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 Redundant Array of Independent Disk (RAID) 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 Redundant Array of Independent Disk (RAID) market?
    • What is the correct price to pay for Redundant Array of Independent Disk (RAID)? What are the key trends and factors that influence current and future pricing?
    • Which selection criteria are the most important for Redundant Array of Independent Disk (RAID) Suppliers Market?
    • Who are the top Redundant Array of Independent Disk (RAID) suppliers? What are their cost structures?
    • Which negotiation levers can reduce Redundant Array of Independent Disk (RAID) procurement cost ?
    • What are supplier margins in Redundant Array of Independent Disk (RAID) market?
    • What are the best practices for Redundant Array of Independent Disk (RAID) procurement and what are the potential risks?

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Redundant Array of Independent Disk (RAID) Category Insights: What is inside

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

    The Redundant Array of Independent Disk (RAID) 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 Redundant Array of Independent Disk (RAID) procurement spend and pricing trends. The report further delves deep into the aspects of cost structure, total cost of ownership and supplier margins for Redundant Array of Independent Disk (RAID). 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 Redundant Array of Independent Disk (RAID) 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 Redundant Array of Independent Disk (RAID) 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 Redundant Array of Independent Disk (RAID) 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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