Global Electrical Services Category - Procurement Market Intelligence Report

This electrical services procurement report offers a detailed overview of the electrical services providers and insights into their cost structure. This report also highlights the strategic procurement metrics that can help in the effective procurement of electrical services.

  • Published: Sep 2018
  • Pages: 106
  • SKU: IRCMSTR15052
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Electrical services market overview

The growing need to improve and maintain the reliability of the electrical distribution equipment at office spaces, manufacturing facilities, and industrial facilities is increasing demand for the electrical distribution services. This is consequently accelerating the spend growth momentum for the electrical services market. Additionally, the growing focus on repairing and maintaining existing electrical equipment and fixtures across multiple industries is propelling the demand for the repair and maintenance of electrical services, thereby, contributing to its market growth. This procurement report also offers detailed insights into the electrical distribution supply market and identifies the key category growth drivers to help the buyers reduce spend.

Why should you buy the report?

This procurement report on the electrical services market offers detailed information on the category pricing strategies and key procurement strategies to aid the buyers and the suppliers in seeking cost-effective electrical distribution procurement strategies in the electrical services market. Additionally, this report highlights the supplier selection metrics that help the buyers to choose the most appropriate and cost-efficient electrical services provider.

Key insights offered in this report will help the buyers:

  • Understand the spend potential within the electrical services market
  • Compare pricing models
  • Understand the supply chain margins
  • Analyze the global and regional spend opportunity

Understand the global category spend for the electrical services market   

The rising number of construction projects across regions like MEA, APAC, and North America is expected to increase the global category spend for the electrical services market. The construction industry is one of the major end-users of electrical services. This procurement report, which is a part of SpendEdges facility management category offers additional insights into:

  • Global spend on electrical services for the period of 2017-2022
  • Risk management strategies
  • Regional and global spend segmentation
  • Buyer and the supplier ecosystem

Optimize category spend for the electrical services market

Buyers must engage with electrical services providers who employ web-based forms for order and procurement processes to minimize data validation cycle times.

This electrical services procurement report also offers a coverage of:

  • Strategic sustainability practices
  • Supplier and the buyer KPIs
  • Major category enablers

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Understand the electrical services supply landscape

The electrical service providers should be selected based on their expertise in the service segments that match the buyers business requirements. This allows the buyers to gain category-specific insights and obtain better value from their category spend.

This procurement report also identifies the major costs incurred by an electrical services provider and offers a coverage of:

  • Suppliers positioning strategy
  • Supplier evaluation criteria
  • Supplier ecosystem outlook

Build effective category management strategies for the electrical services market

It is crucial for the category managers to obtain a demand and electricity load forecasting and governance in the electrical services market. It ensures the effective scheduling of electric wire maintenance and curbs the buyers operational downtime. Key insights offered in this procurement report on electrical services will help the buyers identify:

  • Global and regional category risks
  • Category growth drivers
  • Supplier selection criteria

An analysis of the top electrical distribution services providers and the best negotiation levers is offered in this procurement report on the electrical services.

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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: ABB
  • Profile: Siemens
  • Profile: Schneider Electric
  • Profile: Larsen & Toubro Limited
  • Profile: Eaton
  • Profile: Alliance Electrical Services

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 (2017-2022)
  • Category spend growth (2017-2022)
  • Regional spend dynamics
  • Regional spend dynamics
  • Comparison of category maturity across regions
  • Regional spend opportunity for suppliers (2017-2022)
  • 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
  • GE – Key information dashboard
  • Siemens – Key information dashboard
  • Schneider Electric – Key information dashboard
  • Larsen & Toubro Limited – Key information dashboard
  • Eaton – Key information dashboard
  • Alliance Electrical Services – Key information dashboard
  • US category spend (2017-2022)
  • 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

SpendEdge INSIGHTS

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