Wall Coverings Market Procurement Intelligence Report

Access curated Wall Coverings procurement intelligence and solve all your questions on Wall Coverings procurement outlook, cost saving opportunities in Wall Coverings procurement and potential Wall Coverings partners.

GET FREE SAMPLE

Scope of the report

Our category grouping process defines that the overall Office Furniture, Fixtures and Fittings market includes all spend related to the provision of furniture and fixtures and fittings for use within office, sales, production, storage, reception, workstation, meeting, training, boardroom, and waiting room areas, but does not include spend on office machines or equipment. Dynamics of the global Wall Coverings market play out within this wider arena of Office Furniture, Fixtures and Fittings market. Therefore, our coverage of the Wall Coverings category also operates within this broader boundary of the overall Office Furniture, Fixtures and Fittings market.

KEY PROCUREMENT INSIGHTS COVERED

Strategic Sourcing Guide to Wall Coverings Procurement

Overview

Business practices within Wall Coverings market are heavily influenced by changing trends across the category as well as within the broader Office Furniture, Fixtures and Fittings market. Buyers of Wall Coverings are insisting on hard evidence to support cost reduction. Suppliers are responding with elaborate matrix of KPIs that provide managers actionable data on supplier performance and cost savings achieved.

With advancement in technology, service providers are employing diverse tools in their operations to identify opportunities for optimization and greater collaboration with the customers.

Outsourcing of Wall Coverings now represents a significant part of the global spend on this category, driven by value derived and a growing number of vendors who keep innovating with new services and value propositions.

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

Wall Coverings Procurement Best Practices

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

For example, Buyers should set a baseline against which the performance of suppliers can be benchmarked along with setting measurable/quantifiable KPIs. Defined KPIs provides suppliers with clarity on the scope. Besides setting standards for operations, pricing, and performance, KPIs must provide tangible goals in terms of the quality of solutions.

Buyers must clearly define clauses pertaining to the ownership of sub-contracting services that are not a part of their preferred suppliers' portfolios. This will ensure consistency in the services of sub-contracted firms as well as protection of confidential data.

Buyers require industry-specific services to effectively operate their production facilities. Thus, they should opt for service providers that can offer customization and bring in years of experience in serving the needs of that industry.


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 Wall Coverings procurement

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


  • Suppliers are often faced with challenges such as shortage of labor, as the demand for FM services is very high. Shortages can interrupt operations, leading to delay in projects and cost overruns
  • Workers may have to handle hazardous substances/materials. Non-compliance to the safety standards and working without using the personal protective equipment can result in accidents and affect operations. Workers are also required to work at heights while carrying out cleaning activities. Non-adoption of precautionary measures by workers can lead to fatalities or severe injuries, thus negatively impacting the reputation of buyers
  • Irregular inspections of facilities and installations can lead to the failure of electrical and maintenance-related equipment. This leads to downtime and interrupts the day-to-day operations of the buyers, thereby resulting in huge losses

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 Wall Coverings 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 Wall Coverings 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 “Wall Coverings: Procurement Report 101” as well as for category experts actively tracking the global Wall Coverings procurement market.

SpendEdge Insights Subscription

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


Key questions on Wall Coverings procurement answered by this report


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

Wall Coverings Category Insights: What is inside

The Wall Coverings 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 Wall Coverings procurement spend and pricing trends. The report further delves deep into the aspects of cost structure, total cost of ownership and supplier margins for Wall Coverings. 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 Wall Coverings 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 Wall Coverings 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 Wall Coverings 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 Blinds Market - Procurement Intelligence Report

Global Carpet Installation Market - Procurement Intelligence Report

Global Floor Coverings Market - Procurement Intelligence Report

Global Raised Access Market - Procurement Intelligence Report

Global Window Blinds and Shades Market - Procurement Intelligence Report

Global Currency Counters Market - Procurement Intelligence Report

Global Air Curtains Market - Procurement Intelligence Report

Global Partitioning Market - Procurement Intelligence Report

Global AVVC 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