Global Flooring Category - Procurement Market Intelligence Report

Flooring market overview

According to this flooring procurement report, implementation of technological innovations in ceramic tiles through the use of digital printing is likely to increase the spend growth momentum for the flooring market in the coming years. In addition, slip-resistant flooring materials are procured by buyers to increase safety across buildings, which in turn is driving the market growth. This procurement report offers detailed insights into the major category growth drivers and the procurement best practices to help the buyers reduce their spend.

Understand the global category spend for flooring market           

The flooring market is anticipated to witness an increase in the global category spend in the coming years. This procurement report, which is a part of SpendEdge’s facility management category considers the developments in the construction sector and increase in the use of vinyl flooring across the globe are a couple of key factors driving the global flooring supply market. Additional insights offered in this procurement report include:

• Global spend on flooring for the period of 2017-2022
• Global and regional category spend growth
• Key sustainability practices
• Supplier cost structure

Optimize category spend for the flooring market

In the flooring market, the buyers must procure from suppliers that offer unique value proposition in terms of portfolio of services offered such as floor designing, planning, architecture, and consulting. This helps buyers and suppliers to save time, energy, and money and enables them to have a unique flooring design based on their requirement. This flooring procurement report also offers a coverage of:

• Supplier and the buyer KPIs
• Best procurement practices
• Major category enablers

Understand the flooring supply landscape

An analysis of the flooring market shows that the buyers should engage with suppliers that manufacture products with minimal wastage and optimum utilization of resources. Manufacturing products through minimum wastage would ensure cost savings for suppliers, which can be passed on to the buyers. This procurement report also identifies the major costs incurred by the suppliers and offers a coverage of:

• Incumbent supplier evaluation
• Supplier selection criteria
• Supplier positioning

Build effective category management strategies for the flooring market

A major category requirement for the category managers in the flooring market is to increase focus on minimalizing their TCO while achieving cost savings during the procurement of flooring materials. Key insights offered in this procurement report will help the buyers identify:

• Global and regional spend segmentation
• Global and regional category risks
• Category growth drivers

An analysis of the top suppliers and the best procurement practices is offered in this procurement report on flooring category.