Global Health and Safety Consulting Category - Procurement Market Intelligence Report

  • Published: Dec 2018
  • Pages: 110
  • SKU: IRCMSTR15047
See more Professional Services 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: Health and safety consulting services

This report on health and safety consulting services helps buyers understand the impact of price dynamism on the overall procurement process. Additional information includes an analysis of the key risk management strategies, category growth potential, cost drivers, and much more.  

 

According to market experts, increasing spend from the industrial manufacturing sector will influence the demand for health and safety consulting services in the years to come. Last year, the spend from this sector accounted for more than half of the total spend on health and safety consulting services. The high annual growth rate (13%) of this market segment will ensure the availability of growth opportunities for suppliers looking to invest in the market for health and safety consulting services. However, the report also states that the construction market will soon be one of the key end-user segments due to its high spend potential. This year alone, the construction markets spend on health and safety consulting services was more than $350 million. Adoption of green construction practices, rehabilitation of aging structures, and changing worker safety policies are some of the key factors driving this spend.

To access data on the exact year-over-year spend growth rate, download a free sample report!

Insights delivered

This procurement market intelligence report offers a comprehensive overview of the US market landscape and identifies the best procurement models to help enterprises procure health and safety consulting services at cost-effective rates. The report also provides information on the spend opportunity for suppliers and allows buyers to estimate the total cost of ownership.

Information offered in this health and safety consulting sourcing and procurement report will help the buyers:

  • Identify cost-saving opportunities and the best negotiation strategies
  • Best strategies to achieve procurement excellence
  • Market favorability and competitiveness

 

Analyze the global category spend for health and safety consulting services

 

Environmental consulting, occupation health and safety consulting, and community health and safety consulting are the three key segments of the global health and safety consulting market. Out of these segments, the environmental consulting segment accounts for about 25% of the market size, owing to the implementation of stringent environmental regulations. According to the health and safety consulting procurement research report, growing regulatory pressure and changing worker safety policies will force companies to spend the most on incident reporting systems. These systems will soon account for more than 33% of the total spend budget. For more information on the annual spend growth rate for the period of 2017-2022, download a free sample copy.

This health and safety consulting procurement research report offers a coverage of:

  • Regional and global spend dynamics US market overview
  • Supplier cost breakup
  • Input cost dynamics and total cost of ownership

 

Optimize category spend for health and safety consulting services

 

One of the best ways to reduce excess spend on health and safety consulting is to limit the number of senior partners in a project. By following this strategy, buyers can significantly reduce category costs since the service cost for each partner is significantly higher than an associate or a manager. Enterprises looking to purchase health and safety consulting services should, therefore, negotiate to maintain a low partner to consultant ratio, unless the project scope is wide.

This market intelligence report on health and safety consulting also offers a coverage of:

  • Supplier-side levers
  • Cost drivers impacting pricing
  • Pricing models and buyer-side levers

 

Devise strategies based on regional spend data

 

The experts believe that Europe will exhibit the highest growth rate among all the other regions in the years to come. Much of this promising growth can be attributed to the implementation of supportive government policies. The market in this region is expected to surpass a growth rate of over 13%, which is much higher than the global average. This region, at least till 2020, will witness significant investments in R&D of safe technologies and health-related workplace norms.

Spend data offered in this health and safety consulting services procurement research report considers geographies such as:

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

 

Subscribe to our library of procurement reports.

START FREE TRIAL

Build strategies for effective supplier selection

 

Selecting a supplier on their capability to adhere to project timelines is a key step to reduce excess spend. The project timelines for health and safety programs are divided into milestones. The milestones get divided among the team members, and each milestone is tracked separately. Based on the criticality of the engagement, purchasers can select a minimum number of milestones from the critical timeline that must be met by the service provider.

This health and safety consulting sourcing and procurement report identifies the major costs incurred by suppliers and offers a coverage of:

  • Supplier relationship management strategies
  • Supplier market outlook US market insights
  • Technology-facilitated procurement strategies

 

Devise effective category management strategies for health and safety consulting services

 

Cost savings and service assurance are the two key parameters that buyers must focus on while establishing their procurement process for health and safety consulting services. To achieve this, a high degree of importance must be given to the T&M SLAs that provide flexibility for the assignment of time and resources for the engagement period.  Any inconsistency in the quality of services can impact buyers' operations and finances negatively, given the criticality of health and safety services. Therefore, it can be stated that consistent track record of quality assurance and negligible bottlenecks are things that every procurement officer looks for when it comes to purchasing health and safety consulting services.

Key insights offered in this market intelligence report on health and safety consulting services will help the buyers identify:

  • Risk management strategies
  • Global and regional category risks
  • Supplier and buyer KPIs

Identify key category enablers and best procurement models

 

According to the experts, following a center-led procurement strategy will help buyers achieve cost savings. Regional variations in regulatory requirements for the environment and the industry standards for occupational health and safety will make it mandatory for companies to follow a center-led procurement strategy.

This report offers information on the procurement models of top purchasers and includes an analysis of:

  • Centralized models
  • Center-led/ partially center-led models
  • Decentralized models
  • Coordinated models

 

Information on the top suppliers of health and safety consulting services and major risks faced while procuring health and safety consulting services is offered in this market intelligence report. Download a free sample to access the reports complete scope of coverage.

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: Global Health and Safety
  • Profile: DDS
  • Profile: GTSS
  • Profile: Young & Global Partners
  • Profile: Enhesa
  • Profile: Roots EHS

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: Organization
  • Category enablers: Technology
  • RFx questions
  • Phase I RFI considerations
  • SLA terms
  • Supplier performance benchmarking criteria
  • Supplier operational capability matrix
  • Supplier positioning matrix
  • Global health & safety Key information dashboard
  • Stay legal Key information dashboard
  • GTSS Key information dashboard
  • Young & Global Partners Key information dashboard
  • Enhesa Key information dashboard
  • Roots EHS 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

Subscription - SpendEdge Insights

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

START FREE TRIAL