Global Air Freight Services Category - Procurement Market Intelligence Report

  • Published: Mar 2019
  • Pages: 108
  • SKU: IRCMSTR11024-1
See more Logistics, Warehousing and Transportation reports

Want to know more about this procurement report?

You can get a FREE sample of any report on our site.

What’s in a sample report?
  • Price:
  • $ 2500
  • $ 1500

Key findings: Air freight services

Granular insights into market drivers that are impacting the air freight rates in different regions are offered in this air freight services market research report. This report highlights the leading air freight companies that are known to add value to the buyers supply chain while actionable category management insights will aid buyers to achieve cost-effective procurement.

With more organizations reaching the global corridors, there has been a stark hike in the frequency of cross-border trade, particularly for the automobile sector. This is fueling the demand for air freight services to a significant extent. Air freight services are being extensively being leveraged by the pharmaceutical industry who are focusing on curbing their inventories and inventory holding cost. This will accelerate the category spend momentum during the forecast period. However, the air freight rates in this market are highly dynamic as they are being frequently hiked by the air freight companies when the demand growth is higher than the supply.

For more information on the exact year-over-year spend growth rate, and to know about the pricing strategies to procure at the best air freight rates, download a free report sample. 

Insights delivered 

Written from the perspective of the buyers and suppliers, this air freight services market research report from our logistics, warehousing and transportation portfolio, offers comprehensive coverage of the factors driving spend across various regions and helps buyers to devise pricing strategies to identify opportunities for cost savings. To help buyers procure services at cost-effective air freight rates, an analysis of the pricing outlook and the supplier cost structure is also offered in this report.

Insights offered in this air freight services market research report will help the buyers understand:

  • Global spend potential for a period of 2018-2023
  • Top air freight companies and supplier cost breakup
  • Category management objectives
  • Supply chain margins and key cost drivers

Analyze the global category spend for air freight services

The air freight services market attributes its impressive spend growth rate to the exponential growth of the e-commerce industry on a global scale. It is predicted that global e-commerce sales will touch an impressive figure of around USD 5trillion by 2021. This will create substantial demand for air freight services because of the convenience of cross-border shopping that the e-commerce industry offers.

To access the annual market size data for the global category spend, download a free sample copy.

This air freight services market research report offers coverage of:

  • Regional and global spend opportunities
  • Spend dynamics on a global and regional level
  • Category spend and spend growth potential

 

Optimize category spend for air freight services

Considering the extremely dynamic air freight rates, buyers are advised to collaborate with the air freight companies to a rating metric that encompasses all the factors related to additional costs/surcharges. The parameters that must be considered in this metric are fuel adjustment factors, airport tax, landing fees, and customs duties to provide an estimate of overall surcharges. This will offer buyers visibility on avenues to save significant costs.

This air freight services sourcing and procurement report also covers:

  • Pricing strategies to identify cost-saving opportunities
  • Supply chain margins
  • Technology-facilitated procurement metrics
  • Supply market competitiveness and factors influencing buyer power

 

Assess category spend for the US region

Most of the air freight companies in the US are increasing their fleet to compensate for the limited cargo capacity of the aircraft. The automotive industry in the US practices cross-border to source the vehicle components from low-cost countries. These factors are influencing the category spend growth rate to a significant extent in the US.

Additional information offered in this air freight services sourcing and procurement report will help buyers analyze:

  • Category pricing strategies in the US
  • Top air freight companies in the US         
  • Margins of suppliers and category cost drivers

Subscribe to our library of procurement reports.

START FREE TRIAL

Build strategies for effective supplier selection

It is recommended that buyers partner with air freight companies that bundle integrated customs services along with air freight services. This will aid the buyers in addressing any risks that might occur because of the involvement with third-party customs brokers that can cause delays in deliveries.

This air freight services market research report identifies the major costs incurred by suppliers and provides additional information on:

  • Key supplier selection criteria
  • Service level agreements and supplier market ecosystem
  • Total cost of ownership and category risks

 

Devise effective category management strategies for air freight services

Category managers can maximize their cost-savings in this market by opting for reusable packaging and seeking free packaging from the service providers. Engaging with industry-specific carriers for special handling requirements will also boost the negotiation power of buyers over the air freight rates.

Key insights offered in this air freight services market research report will help the buyers identify:

  • Category risks and strategies to mitigate them
  • Major supplier and buyer KPIs
  • Threat of new substitutes and availability of new suppliers

 

Design strategies based on regional spend data

The ongoing political unrest over Brexit has led to a stark decline in the exports from pharmaceuticals, automotive, and meat industries in Europe. This is impeding the growth of the air freight services market in the region. South America is expected to witness a greater number of exports and imports of commodities such as flowers, pharmaceuticals, and fruits which will create substantial demand for air freight services. Prevalence of free trade agreements and PCI of end-consumers in APAC will increase category demand from end-user sectors such as pharmaceuticals, automotive, and consumer goods.

To estimate the regional spend potential, this air freight services market research report considers geographies such as:

  • APAC
  • MEA
  • Europe
  • North America
  • South America

Information on the top air freight companies, pricing strategies to procure at the best air freight rates in different regions, and insights into category management objectives aligned with the market are offered in this market intelligence report. Download a free sample to access the reports complete scope of coverage.

Key Features of Report

Supply Market Insights
Procurement Best Practices
Cost Saving Opportunities
Pricing Models
Negotiation Strategies
Category Risk Analysis
Key Supplier Analysis
Supplier Capability Matrix
 

Air Freight Services - Category Spend Analysis

According to SpendEdge analysts, one of the key growth contributors for global air freight services market is the technological innovations such as e-freight coupled with the high growth potential of e-commerce industry that has a significant level of requirement for all freight services.

 

Air Freight Services – Procurement Best Practices

Buyers must engage with suppliers that offer a comprehensive portfolio of industry solutions. They should partner with air freight companies that have a wide range of industry solutions that facilitate the transportation of different types of shipments.

 

Air Freight Services - Procurement Challenges

Based on the analysis in this report, a major procurement pain point experienced by the buyers is the tedious documentation to process shipments. SpendEdge’s procurement specialists predict that the buyers must engage with suppliers that have expertise in the documentation process involved to counter this specific procurement pain point.

Read More Read Less

This report can be personalized according to your needs. Contact us now!

CUSTOMIZE NOW

PART 01: Executive Summary

PART 02: Market Insights

  • Global category spend
  • Category spend growth
  • Spend segmentation by region
  • Regional spend dynamics
  • Regional influence on global spend
  • Regional spend opportunity for suppliers

PART 03: Category Pricing Insights

  • Pricing outlook
  • Supplier cost structure
  • Outlook for input costs
  • Total cost of ownership analysis
  • Overview of pricing models
  • Comparison of pricing models
  • Supply chain margins
  • Cost drivers impacting pricing
  • Volume drivers impacting pricing

PART 04: Cost-Saving Opportunities

  • Supplier-side levers
  • Buyer-side levers
  • Quantifying cost-saving opportunities
  • Quantifying cost savings by negotiation strategies

PART 05: Best Practices

  • Innovation and success stories
  • Procurement excellence best practices
  • Procurement best practices
  • Sustainability practices

PART 06: Category Ecosystem

  • Market favorability index for suppliers
  • Competitiveness index for suppliers
  • Buyer power
  • Supplier power
  • Threat of new entrants
  • Threat of substitutes
  • Buyer ecosystem
  • Supplier ecosystem

PART 07: Category Management Strategy

  • Category management objectives
  • Supplier and buyer KPIs
  • Outsourcing category management activities
  • Risk management

PART 08: Category Management Enablers

  • Procurement organization
  • Category enablers

PART 09: Suppliers Selection

  • RFx essentials
  • Supplier selection criteria
  • Service level agreement
  • Incumbent supplier evaluation metrics

PART 10: Suppliers Under Coverage

  • Overview
  • Supplier positioning
  • Profile: DHL
  • Profile: KUEHNE + NAGEL
  • Profile: DB Schenker
  • Profile: UPS
  • Profile: Panalpina
  • Profile: Expeditors

PART 11: US Market Insights

  • Category spend in the US
  • Price outlook
  • Supplier cost structure in the US
  • Margins of suppliers in the US
  • Category cost drivers
  • Category volume drivers
  • Overview of best practices in the US
  • Procurement best practices in the US
  • US supply market overview
  • Supplier positioning for the US
  • Regional category risks

PART 12: Category Definition

  • Category hierarchy
  • Category scope
  • Category map

PART 13: Appendix

  • List of abbreviations
  • Key notes
  • Global category spend (2018-2023)
  • Category spend growth (2018-2023)
  • Regional spend dynamics
  • Regional spend dynamics
  • Comparison of category maturity across regions
  • Regional spend opportunity for suppliers (2018-2023)
  • Category pricing dynamics
  • Supplier cost breakup
  • Input cost dynamics
  • Total cost of ownership model
  • Benefit comparison of pricing models
  • Pricing models – comparison matrix
  • Supplier margin analysis
  • Margin analysis across supply chain
  • Cost drivers
  • Volume drivers
  • Cost-saving opportunities: Supply-side levers
  • Cost-saving opportunities: Demand-side levers
  • Cost-saving opportunity matrix
  • Negotiation grid
  • Innovation and success stories
  • Procurement excellence summary: Impact on the category
  • Supplier relationship management metrics
  • Strategic sourcing and category management metrics
  • Technology-facilitated procurement metrics
  • Procurement best practices dashboard
  • Sustainability practices: Impact on the category
  • Sustainability best practices
  • Market environment score
  • Market competitiveness score
  • Buyer power score
  • Supplier power score
  • Ease of market entry score
  • Ease of substitution score
  • Buyer ecosystem: Outlook
  • Supplier ecosystem: Outlook
  • Ecosystem disruption threats
  • Key category management objectives
  • Supplier KPI dashboard: Importance for the category
  • Buyer KPI dashboard: Importance for the category
  • Category management enablers
  • Risk management matrix
  • Category enablers: Procurement model
  • Category enablers: Technology
  • RFx questions
  • Phase I RFI considerations
  • SLA terms
  • Supplier performance benchmarking criteria
  • Supplier operational capability matrix
  • Supplier positioning matrix
  • DHL – Key information dashboard
  • KUEHNE + NAGEL – Key information dashboard
  • DB Schenker – Key information dashboard
  • UPS – Key information dashboard
  • Panalpina – Key information dashboard
  • Expeditors – Key information dashboard
  • US category spend (2018-2023)
  • Category pricing dynamics
  • Supplier cost breakup
  • Supplier margin analysis
  • Margin analysis across supply chain
  • Cost drivers
  • Volume drivers
  • Procurement excellence summary: Impact on the category
  • Supplier relationship management
  • Strategic sourcing and category management
  • Technology-facilitated procurement
  • Procurement best practices dashboard
  • Supplier operational capability matrix
  • Supplier positioning matrix
  • Risk management matrix
  • Category definition
  • Category nuances
  • Importance of category relative to other categories

Research Framework

SpendEdge presents a detailed picture of the market 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

  • Procurement heads
  • Category managers
  • Sourcing consortium professionals
  • Industry experts and thought leaders
  • Procurement managers
  • Category heads of suppliers
  • Client account heads/managers
  • Client and industry consultants

Secondary research

  • Industry journals and reports
  • Periodicals and new articles
  • Category webinars
  • Internal categiry playbooks
  • Industry and government websites on regulations and compliance
  • Internal databases
  • Industry blogs/thought leader briefings

DATA ANALYSIS

Subscription - SpendEdge Insights

Do you purchase multiple reports in a year? Explore our excititng subscription packages.

START FREE TRIAL