ENABLING SMART PROCUREMENT

Global Barcode Scanner Category - Procurement Market Intelligence Report

Single User: Allows a single employee of the organization to access the subscribed reports.

  • Published in: Oct 2017
  • Pages: 81
  • SKU: IRCMSTR14580

Global Barcode Scanner Category - Procurement Market Intelligence Report

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Single User: Allows a single employee of the organization to access the subscribed reports.

SpendEdge’s procurement research report on the global barcode scanner market provides procurement professionals with up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services. This report provides a detailed analysis of the supply market, procurement challenges, and procurement best practices which can help in planning and executing category management activities. It also focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.

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

 

Barcode Scanner - Category Spend Analysis

 

According to procurement research analysts at SpendEdge, the growing usage of 2D barcodes across end-user industries such as retail and healthcare due to their better productivity is one of the key factors driving the growth of global barcode scanner market. The 2D barcode scanners are used to scan barcodes that are generally of two types, namely 2D stacked and 2D matrix barcodes. The demand for 2D barcode scanners is increasing due to the rise in use of 2D barcodes across various industries as it allows manufacturers and suppliers to track parts (i.e., raw materials or the semi-finished products in the supply chain) and the finished products as they are move through the supply chain. 2D allows encoding large amount of data in a limited space, minimizes data accuracy errors compared with 1D barcodes and can be accessed even if the data is corrupted to a certain extent.

The increase in importance for accurate data collection and storage is another growth driver for the barcode scanner market. The need to capture data (related to the movement of goods or products across the supply chain) accurately and store it at the right place is driving the demand for barcode scanners in industrial applications. This is because barcode scanners reduce data errors and are reliable compared with the data entered manually. This has led to the elimination of manual data entry systems across industrial applications to minimize human errors. Also, the use of barcode scanners helps buyers across industries such as healthcare, manufacturing, and retail stores to save time and operational costs, thus improving the operational efficiency of the organization. It also allows users to track and better manage inventory and helps retail outlets to identify trends in the market by identifying goods that have high demand.

Barcode Scanner - Procurement Best Practices

 

Buyers of barcode scanners should adopt systematic procurement practices that will allow them to exert better control over suppliers, irrespective of the prevailing market conditions, as this will help them obtain cost benefits and procure better quality products.

One of the procurement best practices for buyers in the barcode scanner market is to adopt technological innovations. Buyers of barcode scanners must focus on adopting technological innovations, and deploy technologically advanced devices to improve the efficiency of their operational process. For instance, adoption of battery-free barcode scanners will help buyers to minimize the downtime for barcode scanners. It will also minimize the maintenance effort required as it does not require continuous charging of batteries in devices such as the traditional barcode scanners.

Barcode Scanner - Procurement Challenges

 

Obsolescence of technology, difficulty in estimating budgets, and identifying appropriate types of barcode scanner based on end-use application are the major challenges faced by buyers during procurement of barcode scanners.

According to this procurement research report, the difficulty in accurately estimating budgets is one of the major procurement challenges faced by buyers in the barcode scanner market. Buyers find it difficult to accurately estimate budgets allocated during the purchase of barcode scanners as these devices come in a wide product portfolio with varying product specifications. In addition, most suppliers offer proprietary products. Buyers find it challenging to compare prices quoted by suppliers as the product specifications vary across different product types as well with different suppliers.

 

Get unlimited access to all our reports. Our Insights platform provides ready-to-use procurement research reports, latest supplier news, innovation landscape, markets insights, supplier tracking, and much more at the click of a button. Start your 14-day trial now.

Read less

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

 

Barcode Scanner - Category Spend Analysis

 

According to procurement research analysts at SpendEdge, the growing usage of 2D barcodes across end-user industries such as retail and healthcare due to their better productivity is one of the key factors driving the growth of global barcode scanner market. The 2D barcode scanners are used to scan barcodes that are generally of two types, namely 2D stacked and 2D matrix barcodes. The demand for 2D barcode scanners is increasing due to the rise in use of 2D barcodes across various industries as it allows manufacturers and suppliers to track parts (i.e., raw materials or the semi-finished products in the supply chain) and the finished products as they are move through the supply chain. 2D allows encoding large amount of data in a limited space, minimizes data accuracy errors compared with 1D barcodes and can be accessed even if the data is corrupted to a certain extent.

The increase in importance for accurate data collection and storage is another growth driver for the barcode scanner market. The need to capture data (related to the movement of goods or products across the supply chain) accurately and store it at the right place is driving the demand for barcode scanners in industrial applications. This is because barcode scanners reduce data errors and are reliable compared with the data entered manually. This has led to the elimination of manual data entry systems across industrial applications to minimize human errors. Also, the use of barcode scanners helps buyers across industries such as healthcare, manufacturing, and retail stores to save time and operational costs, thus improving the operational efficiency of the organization. It also allows users to track and better manage inventory and helps retail outlets to identify trends in the market by identifying goods that have high demand.

Barcode Scanner - Procurement Best Practices

 

Buyers of barcode scanners should adopt systematic procurement practices that will allow them to exert better control over suppliers, irrespective of the prevailing market conditions, as this will help them obtain cost benefits and procure better quality products.

One of the procurement best practices for buyers in the barcode scanner market is to adopt technological innovations. Buyers of barcode scanners must focus on adopting technological innovations, and deploy technologically advanced devices to improve the efficiency of their operational process. For instance, adoption of battery-free barcode scanners will help buyers to minimize the downtime for barcode scanners. It will also minimize the maintenance effort required as it does not require continuous charging of batteries in devices such as the traditional barcode scanners.

Barcode Scanner - Procurement Challenges

 

Obsolescence of technology, difficulty in estimating budgets, and identifying appropriate types of barcode scanner based on end-use application are the major challenges faced by buyers during procurement of barcode scanners.

According to this procurement research report, the difficulty in accurately estimating budgets is one of the major procurement challenges faced by buyers in the barcode scanner market. Buyers find it difficult to accurately estimate budgets allocated during the purchase of barcode scanners as these devices come in a wide product portfolio with varying product specifications. In addition, most suppliers offer proprietary products. Buyers find it challenging to compare prices quoted by suppliers as the product specifications vary across different product types as well with different suppliers.

 

Get unlimited access to all our reports. Our Insights platform provides ready-to-use procurement research reports, latest supplier news, innovation landscape, markets insights, supplier tracking, and much more at the click of a button. Start your 14-day trial now.

PART 1: CATEGORY AT A GLANCE

  • TAKEAWAY 01 | Market Overview
  • TAKEAWAY 02 | Demand and Supply Snapshot
  • TAKEAWAY 03 | Key Market Dynamics
  • TAKEAWAY 04 | Supply Market Highlights
  • TAKEAWAY 05 | Pricing Insights
  • TAKEAWAY 06 | Procurement Insights

PART 2:  SCOPE OF THE REPORT

  • Category Definition
  • Research Methodology

PART 3: MARKET INSIGHTS

  • Category Spend Analysis
  • Category Maturity by Regions
  • Demand-Supply Shifts
  • Regional Demand-Supply Snapshot
  • Global Molasses Production Hubs
  • Market Developments
  • Regional Impact of Trends
  • Key Category Growth Drivers and Corresponding Regional Impacts
  • Major Category Growth Constraints and Corresponding Regional Impacts
  • Key Current Technological Innovations
  • Major Regulatory Frameworks
  • Strategic Sustainability Practices
  • Porter’s Five Forces
  • PESTLE Analysis

PART 4: SUPPLY MARKET INSIGHTS

  • Supplier Operational Capability Matrix
  • Other Prominent Suppliers by Region: Operational Capability Matrix
  • Supplier Functional Capability Matrix
  • Other Prominent Suppliers by Region: Functional Capability Matrix
  • Key Clients/Partners
  • Supplier Cost Breakup
  • Supplier Positioning Matrix

PART 5: PRICING INSIGHTS

  • Pricing Models Snapshot
  • Pricing Models – Pros and Cons
  • Indicative Pricing

PART 6: PROCUREMENT INSIGHTS

  • Major Category Requirements
  • Major Procurement Pain Points
  • Category Sourcing Evolution Matrix
  • Procurement Best Practices
  • Cost-saving Opportunities
  • Supplier Selection Criteria
  • Category Negotiation Strategies
  • SLA Terms
  • Supplier Evaluation Criteria
  • Category Risk Analysis

PART 7: TOP FIVE SUPPLIERS

  • Honeywell         
  • Zebra Technologies        
  • Datalogic             
  • Fujitsu
  • Cognex  

PART 8: APPENDIX

  • Glossary
  • Key Notes
  • About Us
Read less

PART 1: CATEGORY AT A GLANCE

  • TAKEAWAY 01 | Market Overview
  • TAKEAWAY 02 | Demand and Supply Snapshot
  • TAKEAWAY 03 | Key Market Dynamics
  • TAKEAWAY 04 | Supply Market Highlights
  • TAKEAWAY 05 | Pricing Insights
  • TAKEAWAY 06 | Procurement Insights

PART 2:  SCOPE OF THE REPORT

  • Category Definition
  • Research Methodology

PART 3: MARKET INSIGHTS

  • Category Spend Analysis
  • Category Maturity by Regions
  • Demand-Supply Shifts
  • Regional Demand-Supply Snapshot
  • Global Molasses Production Hubs
  • Market Developments
  • Regional Impact of Trends
  • Key Category Growth Drivers and Corresponding Regional Impacts
  • Major Category Growth Constraints and Corresponding Regional Impacts
  • Key Current Technological Innovations
  • Major Regulatory Frameworks
  • Strategic Sustainability Practices
  • Porter’s Five Forces
  • PESTLE Analysis

PART 4: SUPPLY MARKET INSIGHTS

  • Supplier Operational Capability Matrix
  • Other Prominent Suppliers by Region: Operational Capability Matrix
  • Supplier Functional Capability Matrix
  • Other Prominent Suppliers by Region: Functional Capability Matrix
  • Key Clients/Partners
  • Supplier Cost Breakup
  • Supplier Positioning Matrix

PART 5: PRICING INSIGHTS

  • Pricing Models Snapshot
  • Pricing Models – Pros and Cons
  • Indicative Pricing

PART 6: PROCUREMENT INSIGHTS

  • Major Category Requirements
  • Major Procurement Pain Points
  • Category Sourcing Evolution Matrix
  • Procurement Best Practices
  • Cost-saving Opportunities
  • Supplier Selection Criteria
  • Category Negotiation Strategies
  • SLA Terms
  • Supplier Evaluation Criteria
  • Category Risk Analysis

PART 7: TOP FIVE SUPPLIERS

  • Honeywell         
  • Zebra Technologies        
  • Datalogic             
  • Fujitsu
  • Cognex  

PART 8: APPENDIX

  • Glossary
  • Key Notes
  • About Us

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