ENABLING SMART PROCUREMENT

Global Laboratory Equipment Services Category - Procurement Market Intelligence Report

Sourcing and procurement of laboratory equipment services

  • Published: Sep 2016
  • Pages: 65
  • SKU: IRCMSTR10263
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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

 

Laboratory Equipment Services - Category Spend Analysis

According to SpendEdge analysts, one of the key growth contributors for the global laboratory equipment services market is the increasing investments by pharmaceutical companies to upgrade laboratory equipment and enhance technological capabilities. To meet the growing demand for shorter TATs and to improve the quality of lab testing, the pharmaceutical companies are investing heavily in laboratory equipment.

 

Laboratory Equipment Services – Procurement Best Practices

Buyers prefer to engage with suppliers that provide one-stop solutions by bundling laboratory equipment, maintenance services, lab consumables, and supplies. Bundling of services also allow buyers to negotiate better with regard to the pricing of products and services, and also reduces operational risks involved in coordinating with multiple vendors for different services.

 

Laboratory Equipment Services - Procurement Challenges

Based on the analysis in this report, a major procurement pain point experienced by the buyers is the limited product and service capabilities of regional suppliers. SpendEdge’s procurement specialists predict that the buyers must engage with right mix of regional and global players. Another prominent challenge faced by laboratory equipment services is mismtach in equipment specifications. To mitigate this challenge, buyers should define expectations in SLAs.

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Table of Contents

Part 1: Research Objectives and Methodology

  • Category Definition

Part 2: Category at a Glance

  • Market Overview
  • Preferred Procurement Models and Major Service Providers
  • Cost-saving Opportunities
  • Major Category Requirements
  • Major Procurement Pain Points

Part 3: Market Overview

  • Category Spend Analysis
  • Demand-Supply Shifts
  • Key Market Developments
  • Key Category Growth Drivers
  • Major Category Growth Constraints
  • Procurement Best Practices
  • History of Innovation
  • Key Current Technological Innovations
  • Major Regulatory Frameworks
  • Strategic Sustainability Practices
  • SWOT Analysis
  • PESTLE Analysis

Part 4: Supply Overview

  • Supplier Operational Capability Matrix
  • Supplier Functional Capability Matrix
  • Laboratory Equipment – Key Industry Served
  • Supplier Cost Breakup
  • Supplier Positioning Matrix
  • Supplier Selection Criteria

Part 5: Pricing Overview

  • Pricing Models Snapshot
  • Pricing Models – Pros and Cons
  • Indicative Pricing – Laboratory Equipment (Analytical)
  • Category Negotiation Strategies

Part 6: Category Management Essentials

  • SLA Terms
  • Supplier Evaluation Criteria
  • Category Risk Analysis
  • Day-One Analysis

Part 7: Top Five Supplier Profiles

  • Hitachi High Technologies Corp.
  • Danaher Corporation
  • Thermo Fisher Scientific Inc.
  • Agilent Technologies
  • Waters Corporation

Part 8: Appendix

  • Glossary

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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