Vessel Laying-Up Services Market Procurement Intelligence Report

A buying guide for Vessel Laying-Up Services category – enriched with research on Vessel Laying-Up Services procurement spend patterns, Vessel Laying-Up Services pricing intelligence, market dynamics and top suppliers of Vessel Laying-Up Services.


Our category grouping process defines that the overall Transportation Support Services market includes all spend related to the operation of transportation facilities including air, marine and waterways, and railways. This does not include any costs incurred on salary, materials or consultancy. Dynamics of the global Vessel Laying-Up Services market play out within this wider arena of Transportation Support Services market. Therefore, our coverage of the Vessel Laying-Up Services category also operates within this broader boundary of the overall Transportation Support Services market.

Key questions on L4 procurement answered by this report

Strategic Sourcing Guide to Vessel Laying-Up Services Procurement


Transportation Support Services market around the world is undergoing rapid transitions that have a massive potential to influence the way companies strategize for Vessel Laying-Up Services procurement and the cost they have to incur. Shortage of skilled manpower is a prime reason to seek suppliers of Vessel Laying-Up Services. However, even suppliers of Vessel Laying-Up Services are facing the same problem which is impacting their OPEX and thereby pricing structure.

Suppliers are no more just the experts in Vessel Laying-Up Services. Many are moving up the value chain and offering integrated services that go beyond just Vessel Laying-Up Services. This new business model helps buyers on multiple counts, such as fewer suppliers to manage, cost savings arising of volume buying and long-term strategic partnerships with a chosen few suppliers that maximize the ROI and allow for strategic optimization experiments.

Supplier evaluation and performance management is now being driven by select KPIs that serve as hard evidence to support cost reduction. Suppliers of Vessel Laying-Up Services are developing targeted KPI matrix that help with actionable data on their performance and cost savings they achieved for the customer.

Vessel Laying-Up Services 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 Vessel Laying-Up Services category procurement. The report offers a succinct analysis of Vessel Laying-Up Services procurement best practices.

For example, Buyers should properly evaluate the effectiveness and sustainability of suppliers' safety process before onboarding them. Suppliers should be required to provide details data on workplace safety KPIs and accident statistics to complete their safety evaluation. This process can reduce accident related risks in the buyer's operations and reputational risks that arise from industrial accidents.

It is important for category managers to track and measure suppliers' performance against a defined set of KPIs (agreed to by both parties during contract negotiation). The result of suppliers' performance can be directly linked to the quality of support provided.

Competitive bidding as a cost optimization tool is extremely potent but should be carefully deployed only when there is no significant differentiation among Vessel Laying-Up Services suppliers.

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Risks in Vessel Laying-Up Services procurement

Vessel Laying-Up Services procurement managers also need to proactively identify and mitigate potential risks that can arise in the supply chain or contracts for Vessel Laying-Up Services procurement. Some examples include:

  • 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
  • Stringency in regulatory standards is high across geographies globally. Changes in these standards can have adverse effects on the industry, as firms may end up paying penalties if they fail to adhere to them
  • 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

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Who should read this report

  • The report is intended to serve as a one-stop reference guide for Vessel Laying-Up 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 “Vessel Laying-Up Services: Procurement Report 101” as well as for category experts actively tracking the global Vessel Laying-Up Services procurement market.


    You may have just initiated your research to design a winning Vessel Laying-Up 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.

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

Vessel Laying-Up Services Category Insights: What is inside

The Vessel Laying-Up 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.


A key highlight of this report is the in-depth outlook created on Vessel Laying-Up 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 Vessel Laying-Up Services. 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 Vessel Laying-Up 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.


Additionally, the report also advises on the best practices and strategies to manage the Vessel Laying-Up 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 Vessel Laying-Up 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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