BLOG

Category Requirements in Facility Management – What are the Buyers Looking for in the Interior Design Services and Furniture Market?

Sep 12, 2017

The facility management industry has witnessed a paradigm shift from being a space management function to improving the aesthetics. The consumers’ demand for facility management services is on the rise as the need for functional space has augmented the desire for an aesthetically pleasing environment. Thus, the growth of the interior design services and furniture and furnishing market is on the rise. The rising number of construction and real estate projects have also boosted the growth of the facility management market. Currently, North America and Europe account are the largest markets for facility management – accounting for over 50% of the total market share. Within this market space, the growth of both the design services and furniture and furnishings market can be attributed to rapid urbanization and strong economic developments. The facility management market has grown highly competitive with players using new technologies, abiding by best practices, and extending their services.

So, what are the buyers looking for when they avail or buy the facility management services or products? Here are some of the major category requirements that the suppliers must be proficient in offering:

Interior Design Services MarketInterior Design

  • Buyer prefers to partner with service providers having access to trade-only suppliers such as furniture, light, and other raw material vendors due to their ability to affect price negotiations. Apart from the cost savings, such service providers can customize products within the given cost and quality to suit the mentioned workplace
  • Majority of the design services firms have adopted new visualization tools instead of hand sketching. Buyers are more involved in the design process and expect constant updates. Suppliers can provide a complete picture of developments in the interior facility management project by offering a visual image of the concept with the help of VR, Revit, and 3D mapping tools
  • An important thing to note is that in order to improve the aesthetics of the place, functional and usable space should not be compromised. A service providers ability to creatively make a structural space look more functional and minimize unusable space defines their competitiveness

Request Free SampleFurniture and Furnishings MarketFurniture and Furnishings

  • Vendors who can provide customized furniture as per clients’ specification such as size, material, color, and design are preferred over vendors who manufacture furniture in bulk. With the help of such suppliers, buyers who chose customized furniture can address their specific needs and employ efficient facility management practices
  • Cost and quality are not the only considerations for organizational purchases. In the interest of employee well-being, organizations are looking for suppliers who can provide comfort and understand ergonomics to design furniture accordingly
  • The warranty period provided can act as a quality measure for the furniture. In an event when the purchasing department doesn’t find much difference in cost and quality, warranty period stands as a deciding factor in making a purchase

Request Free Sample

 Related Articles:

Recent Blogs

5 Pro Tips for an Impactful Procurement Process

5 Pro Tips for an Impactful Procurement Process

What is a procurement process cycle? Over the years, procurement process cycle has received a lot of attention as organizations across the globe have changed their focus from tactical functions to strategic business units. As a driver of major purchasing decisions,...

read more

Industries

Services

Getting Down To Business

We are offering Free Trials to all our customers or prospects who have been impacted positively or negatively by Covid-19 and are looking to connect with prospect buyers immediately.

Contact us

COVID-19

Featured

Overview

Buyers

Diagnostic Test Kit

Additional Resources
Contact

A LOOK INTO THE FUTURE OF THE FOOD AND BEVERAGE INDUSTRY AFTER THE COVID-19 PANDEMIC

Identifying the Top 100 Coronavirus (COVID-19) Test Kit Manufacturers Across Regions

Sourcing and Procurement Market Intelligence Services

Products and Tools

Featured

Services Overview

Category Market Intelligence

Supply Market Analysis

Low-Cost/Best-Cost Country Sourcing

Benchmarking

Spend Analysis

Cost Modeling and Should-Cost Analysis

Total Cost of Ownership (TCO) Analysis

Supplier Risk Analysis

Supply Chain Risk Assessment

Supplier Sustainability Assessment

Commodity Price Forecasting

Category Management

Supplier Negotiations

Contract Management

Procurement Store

Purchase Ready-to-use Reports

SEinsightsTM

Our Robust Procurement Platform

BizVibeTM

Suppliers and Buyers Marketplace

SUPPLY MARKET ANALYSIS FOR A METAL MANUFACTURING COMPANY HELPS ACHIEVE ANNUAL SAVINGS OF $15 MILLION

Industries

Industries Overview

Automotive and Tire

Banking, Financial Services and Insurance

Biotechnology, Pharmaceutical and Life Sciences

Chemicals

Energy

Food and Beverage

Industrial and Manufacturing

ICT, Media and Entertainment

Mining, Metals and Minerals

Retail and CPG

Transportation

INCREASING LOCAL PROCUREMENT BY 28% FOR A COMPANY IN THE METALS AND MINING INDUSTRY – A CASE STUDY BY SPENDEDGE

Resources

Featured

Resources Overview

COVID-19 Resources

Blogs

Case Studies

Whitepapers

Webinars

Press Releases and Media Mentions

5 KEY CORONAVIRUS RISK ASSESSMENT STRATEGIES TO OVERCOME HEALTHCARE SUPPLY CHAIN CHALLENGES

IDENTIFYING STRATEGIC PURCHASING PRACTICES FOR A COMPANY IN THE US FOOD SERVICE INDUSTRY | SPENDEDGE’S LATEST SUCCESS STORY

Clients

Featured

Clients Overview

Who We Serve

Case Studies

SUPPLY CHAIN MANAGEMENT HELPS AN IMPORT AND EXPORT INDUSTRY CLIENT ENHANCE SUPPLY CHAIN VISIBILITY

REALIZING SAVINGS OF $15 MILLION IN PACKAGING SPEND FOR AN FMCG CLIENT – PACKAGING SOURCING STRATEGY

About Us

News

About SpendEdge
Why SpendEdge?
Vision, Mission and Values
Clients
Social Impact
Global Offices

Press Releases and Media Mentions

Upcoming Events & Webinars