Temporary Construction Staffing Services Market Procurement Intelligence Report

A purchasing guide for Temporary Construction Staffing Services – rich advisory on spend outlook in Temporary Construction Staffing Services, pricing analysis for Temporary Construction Staffing Services procurement cost benchmarking, negotiation strategies and key vendors of Temporary Construction Staffing Services.

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Scope of the report

Ecosystem of the global Temporary Construction Staffing Services category is intertwined with the larger parent market of Contingent Labour. Our category definition describes that overall Contingent Labour market includes all spend related to contingent labour that is temporarily filling a skills or manpower gap which would normally be carried out in-house, filling an established post but always working within the organisation under direction for a short term.

KEY PROCUREMENT INSIGHTS COVERED

Strategic Sourcing Guide to Temporary Construction Staffing Services Procurement

Overview

The market for Contingent Labour and its sub-segments such as Temporary Construction Staffing Services are at an interesting intersection. Traditionally, clients were charged on per diem basis for Temporary Construction Staffing Services. However, rising pressure from clients to decrease pricing has resulted into an alternative pricing model of value-oriented billing where supplier's remuneration is linked to the performance or outcome of the project.

The concept of virtual firms is getting popular. By placing the entire infrastructure in cloud services, and utilizing a small number of physical offices, Temporary Construction Staffing Services suppliers are trying to cut their costs and developing cost competitive propositions for buyers.

There are only a handful of \"Tier 1\" vendors in the Temporary Construction Staffing Services market and they have traditionally enjoyed a premium in their pricing. However, Tier 2 suppliers are giving them a tough competition now as they can provide similar services at a lower cost. Many tier 2 suppliers achieve this parity by finding right talent at a relatively lower cost and maintaining lean operations without any frills.

Trends like these and many others discussed in this report are necessitating a relook at the way Temporary Construction Staffing Services is procured and the procurement cost saving opportunities that exist.

Temporary Construction Staffing Services 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 Temporary Construction Staffing Services. To help quick decision making, this report advises on several procurement best practices that have worked well for category managers.

For example, Adequate RFP response time should be built in for prospective suppliers to enable them understand the scope and performance requirements.

Buyers should invite bids from industry competitors to ensure that the offers they receive are competitive. Service providers may be willing to offer a multi-year engagement at a reduced fee, which can be beneficial for category buyers in the long-term.

Buyers should engage with service providers through a performance-based pricing model wherein consultants should be paid based on the quality of services delivered by them.


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Risks in Temporary Construction Staffing Services procurement

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


  • 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
  • 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 Temporary Construction Staffing Services
  • The services obtained may not live up to buyers' expectations with respect to possession of skillsets. This will lead to reduction in productivity of buyers

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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 Temporary Construction Staffing Services 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 Temporary Construction Staffing Services 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 “Temporary Construction Staffing Services: Procurement Report 101” as well as for category experts actively tracking the global Temporary Construction Staffing Services procurement market.

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Key questions on Temporary Construction Staffing Services procurement answered by this report


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

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Temporary Construction Staffing Services Category Insights: What is inside

The Temporary Construction Staffing Services 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 Temporary Construction Staffing Services procurement spend and pricing trends. The report further delves deep into the aspects of cost structure, total cost of ownership and supplier margins for Temporary Construction Staffing Services. 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 Temporary Construction Staffing Services 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 Temporary Construction Staffing Services 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 Temporary Construction Staffing Services 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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