Surgical Stents Market Procurement Intelligence Report

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

GET FREE SAMPLE

Scope of the report

This report on global Surgical Stents category is part of a larger series of reports on global Medical and Surgical Equipment and Supplies market. The scope of Medical and Surgical Equipment and Supplies spans multiple categories and is typically identified as a procurement category that includes all spend related to any durable machine, instrument, implement or implant used by clinicians for the diagnosis, prevention, monitoring or treatment (whether invasive or non-invasive) of medical conditions. The products may also be used for life support, modification or replacement of part(s) of anatomy, conception control and disinfection of other medical equipment.

KEY PROCUREMENT INSIGHTS COVERED

Strategic Sourcing Guide to Surgical Stents Procurement

Overview

Business practices within Surgical Stents market are heavily influenced by changing trends across the category as well as within the broader Medical and Surgical Equipment and Supplies market. Many suppliers are expanding within the value chain to offer integrated solutions. With this new approach, suppliers can offer a wide portfolio of solutions and position themselves for large contracts that go beyond just Surgical Stents. Buyers also find the benefits of volume buying, consolidation of supplier base, efficient co-ordination in case of an event and less spending on category management.

Buyers that have multiple locations under management are increasingly opting for a single supplier who can deliver the preferred solutions in a consistent manner across locations. Often suppliers with a physical presence across key geographies are preferred in such cases.

New locations and vendors are emerging as cost effective suppliers of Surgical Stents, offering an opportunity to widen the supplier base and gain further negotiation leverage with incumbent suppliers.

As a result, category managers need to closely monitor the Surgical Stents procurement trends and identify changes required in their procurement environment for the category.

Surgical Stents Procurement Best Practices

The report discusses in detail the best practices that have served well the category managers responsible for Surgical Stents procurement.

For example, Before engaging in a contractual agreement with suppliers, buyers should focus on identifying and understanding various critical parameters along with their impacts on different procurement models.

Investing in benchmarking studies help category managers enhance their knowledge about market pricing or billing rates based on job roles and functions. This allows them to not only save costs but also negotiate with suppliers. For example, while negotiating on rates of bundled services, buyers can save significantly on a single service by cross verifying the rates quoted by suppliers against industry benchmarks.

Large organizations seek engagement with global category suppliers. However, they must try to achieve the right blend of regional and global suppliers in order to ensure the delivery at locations where global players do not have necessary capabilities.


Activate your free account to gain easy access to cutting edge research and insights on consumers, emerging price trends, global and regional suppliers.


Risks in Surgical Stents procurement

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


  • Long credit period provided to buyers for making payment and fluctuating exchange rates pose a risk to suppliers. Default in payment by buyers would impact suppliers' ability to operate efficiently and may create a liquidity risk
  • 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
  • Frequent changes in government regulations may lead to supplier operation disruptions. This may lead to delay in delivery to the buyers

For detailed insights and complete access to our report library, activate your free account!

Who should read 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!!

    You may have just initiated your research to design a winning Surgical Stents 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 Surgical Stents 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 “Surgical Stents: Procurement Report 101” as well as for category experts actively tracking the global Surgical Stents procurement market.

SpendEdge Insights Subscription

Unlock SpendEdge's comprehensive procurement report collection with ease through our procurement platform.


Key questions on Surgical Stents procurement answered by this report


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

Surgical Stents Category Insights: What is inside

The Surgical Stents 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 Surgical Stents procurement spend and pricing trends. The report further delves deep into the aspects of cost structure, total cost of ownership and supplier margins for Surgical Stents. 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 Surgical Stents 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 Surgical Stents 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?”

Category Research Framework


SpendEdge presents a detailed picture of Surgical Stents 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

Related reports

Global Test Kits, Test Strips Market - Procurement Intelligence Report

Global Medical Syringes Market - Procurement Intelligence Report

Global Measuring Devices Market - Procurement Intelligence Report

Global Laboratory Cooling Equipment Market - Procurement Intelligence Report

Global Needles Injection Non Safety Market - Procurement Intelligence Report

Global Injection Pens Market - Procurement Intelligence Report

Global Medical Equipment Leasing Market - Procurement Intelligence Report

Global Medical Gloves Market - Procurement Intelligence Report

Global Cognitive Testing Market - Procurement Intelligence Report

Read More

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 NoticeTerms of UseSales and Subscription