London: SpendEdge, a leading procurement market intelligence company, has announced the launch of its Global Facilities Management Services Category – Procurement Market Intelligence Report.

Facilities management services play an indispensable role in ensuring the seamless functioning of an organization starting right from managing storage spaces to physical office areas. The top facilities management companies are being observed to integrate web-based technological platforms in their services that are providing a considerable impetus to the category feasibility. Buyers, as well as service providers, are developing a penchant for integrated facilities management services that are further driving the category spend momentum. Facilities management services command a significant share in an organization’s annual budget which typically overrides their allocated budget because of multiple organizational factors. This is emerging as one of the most recurring procurement challenges faced by buyers related to the facilities management services category. With a view of such potential challenges, this facilities management services procurement research report has made suitable recommendations that have aided some of the leading brands in achieving considerable cost-savings while procuring this category.

According to this report, strategic selection of the facilities management companies and a subsequent supplier base consolidation have been determined as some of the key strategies to optimize the procurement spend while maximizing the efficiency of the services. On a broader note, buyers are recommended to partner with service providers that have a portfolio of a wide range of services. This will exempt buyers from incurring excessive procurement spend on separate service providers while also minimizing the multiple-contract related complexities. Viability of facilities management companies must also be evaluated based on their data management and analytical capabilities that will play fundamental roles in determining the demand and the subsequent procurement of a wide range of services.

“Partnering with such service providers will facilitate better maintenance planning, budget forecasting, and long-term category planning activities,” says SpendEdge procurement expert Tridib Bora.

Our procurement experts believe that in-depth comprehension of this category across various regions and insights into the specific supplier selection criteria that are strictly attuned to the market dynamics will aid buyers in partnering with suitable facilities management companies that can assist the former in reducing their procurement spend. After conducting extensive analysis and assessment of the top facilities management companies, our procurement experts have enlisted the top four companies.

This report, which highlights the top facilities management companies, is available at a USD 1500 discount for a limited time only: View the full report before purchasing.

An overview of the top facilities management companies

Compass Group PLC

Positioned as the 6th largest employer and the leader in food and support services management in the world, US-based Compass Group PLC has been serving numerous award-winning restaurants, corporate cafes, hospitals, schools, arenas, museums, and more. In a bid to combat environmental and financial effects caused due to food waste, this company had committed to reduce food waste by 25% by 2020.

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Sodexo

Founded in 1966 in France, Sodexo offers a wide range of innovative services that they term as Quality of Life services. These services include on-site services, benefits & rewards services and personal and home services. Currently, Sodexo houses about 460,000 employees in 72 countries and serves at 13,000 client sites in North America alone.

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CBRE

Established across 450 locations, CBRE is a commercial real estate services and investment firm that offers a wide range of integrated services such as facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.

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ARAMARK

Headquartered at Pennsylvania, in the US, Aramark is a food service, facilities, and uniform services provider that serves end-user sectors including education, healthcare, business, corrections, and leisure. Their product portfolio ranges from healthcare, dairy, meats, seafood, frozen, canned and dry, paper and disposables, chemicals and janitorial, supplies and equipment, produce, and beverage. Aramark is known to conduct price negotiations and directly purchase from national manufacturers through distributors such as Sysco Corporation.

Download a free sample of this facilities management procurement research report to know more about the key facilities management companies.

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