Global Maintenance Repair and Operations Services Category - Procurement Market Intelligence Report

  • Published: Jan 2019
  • Pages: 105
  • SKU: IRCMSTR10257-1
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Key findings: Maintenance repair and operations services

 

Analysis of the cost and volume drivers and supply market forecasts in various regions are offered in this maintenance repair and operations services sourcing and procurement report. This market intelligence report also analyzes the US supply market and the critical cost drivers that can aid buyers and suppliers devise a cost-effective category management strategy.

The recent increase in the frequency of air travel has called for a sharp rise in the production lines at aircraft, engine, and component manufacturers' premises for the commercial aviation sector. Subsequently, this is creating a demand for various maintenance repair and operations services, thus accelerating the category spend momentum. Analysis of the current supply market trends reveals that service providers are integrating their services which include material outsourcing services and customized solutions. These integrated services are attracting a substantial customer base, thereby; supplementing the category growth.

To know more about the year-over-year spend growth rate, download a free sample report.

Insights delivered

 

This maintenance repair and operations services sourcing and procurement report offers actionable insights into the global spend potential and the leading services providers. An analysis of the supply market trends will help buyers to improve their procurement process and guide them in developing effective category management strategies. In this procurement market intelligence report, the category spend is analyzed from the perspective of the buyers and the suppliers.

Our portfolio of reports for the facility management category help buyers understand:

  • Global and regional spend potential for maintenance repair and operations services for the period of 2017-2022
  • Identify the procurement best practices
  • Analyze the sustainability best practices
  • Assess the category pricing strategies

Analyze the global category spend for maintenance repair and operations services

 

The high demand for predictive maintenance services from end-user industries like chemicals, automobile, and pharmaceuticals will increase the global category spend rate in the coming years. However, factors like unstable government policies, complex supply chain, lack of skilled labor, and others pose as some of the critical pain-points for any potential investor in this market.

For more information on the exact spend growth rate and yearly category spend, download a free sample.

This sourcing and procurement report offers coverage of:

  • Regional spend dynamism and factors impacting costs
  • Category hierarchy map
  • Supply chain margins
  • Buyer and the supplier ecosystem

 

Optimize category spend for maintenance repair and operations services

 

Implementing the appropriate supply model has proven to be functional in controlling the future MRO spend. In line with this, specialist, integrator, and hybrid are the supply models recommended in this market intelligence report that is based on the buyers spend profile, service needs, and stakeholder expectations. Buyers that spend majorly on non-technical categories are advised to implement an integrator model that can aid them to negotiate for discounts due to the volume of purchase. On the other hand, buyers that typically spend more on technical categories must follow either the specialist or hybrid models as they offer improved service along with standardized pricing.

This market intelligence report also offers coverage of:

  • Procurement organization objectives
  • Supplier and the buyer KPIs
  • Major category enablers

 

Assess category spend for the US region

 

The slowdown in the manufacturing industry coupled with skyrocketing input costs, lack of skilled labor, increasing compliance costs will impact the category growth in the US. However, in an attempt to support category growth, service providers are offering value-added services, such as VMI, performance analytics, storeroom management, warehouse management, and catalog management. The growing demand form the aviation industry will also continue promoting the category growth in the US.

Additional information offered in this market intelligence report will help buyers analyze:

  • Margins of suppliers in the US
  • Category spend in the US
  • Price outlook and forecasts until 2023

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Build strategies for effective supplier selection

 

Data management and analytical capabilities of the MRO service providers play crucial roles in aiding buyers in maintenance planning, budget forecasting, and long-term category planning. Such capabilities allow the service providers offer reliable MRO recommendations in tune with buyers operations and requirements. This, in turn, will benefit buyers with a boost in production efficiency, and consequently, increase category sales.

This sourcing and procurement report identifies the major costs incurred by suppliers and provides additional information on:

  • Supplier’s positioning strategy
  • Supplier evaluation criteria
  • Supplier ecosystem outlook

 

Devise effective category management strategies for maintenance repair and operations services

 

In this highly labor-sensitive market, it is imperative that buyers must ensure a high resource utilization rate to generate efficient service. To achieve the same, category managers are advised to ensure that the service providers follow the parameters listed below:

  • Ensuring employees have required credentials
  • Providing training on handling the latest technologies to improve workforce skills
  • Improving planning according to timesheet records

Key insights offered in this market intelligence report will help the buyers identify:

  • Global and regional category risks
  • Strategic sourcing metrics
  • Market environment score

 

Determine the spend dynamics for key geographies

 

MRO service providers in North America and Europe are implementing advanced technologies such as 3D printers and scanner and adoption for e-Procurement to limit the response time taken by them. This will improve the service rendered and augment the category sales in those regions. The rapid rise in manufacturing activities along with the availability of a wide range of value-added services, including VMI, deadstock management, demand forecasting, and performance analytics will favor the category spend momentum in APAC.

Key geographies analyzed in this market intelligence report include the following:

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

Information on the top maintenance repair and operations services providers and major risks faced while procuring maintenance repair and operations services are offered in this market intelligence report. Download a free sample to access the reports complete scope of coverage.

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
 

 

Maintenance Repair and Operations Services - Category Spend Analysis

According to this maintenance repair and operations services procurement research report, one of the key growth contributors for the maintenance repair and operations (MRO) services supply market is the increase in manufacturing activities across markets such as China and India. In addition, increasing demand for rapid delivery of manufactured products/services to the marketplace to maintain a competitive edge will drive the overall growth of the market.

 

MRO Services – Procurement Best Practices

Buyers must clearly define clauses pertaining to the ownership of sub-contracting services that are not a part of their preferred supplier portfolios. Also, defining clauses ensures consistency in services from sub-contracted firms. For instance, buyers can control sub-contracting of maintenance activities in regions where it is not a part of the supplier’s portfolio.

 

MRO Services - Procurement Challenges

Based on the analysis in this market intelligence report, an influencing procurement pain point experienced by the buyers is the management of supply chain. To mitigate the challenge, procurement specialists must adopt integrated engagement to reduce complexities. Managing budget is another prominent challenge hindering the growth of the market. To efficiently manage a budget, procurement specialists should adopt e-procurement solutions and estimate costs and requirements accurately.

 

Click here to view the complete list of MRO supplies vendors.

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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: Sonepar
  • Profile: Ferguson
  • Profile: Würth
  • Profile: Grainger
  • Profile: WESCO international
  • Profile: Rexel

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 (2018-2023)
  • Category spend growth (2018-2023)
  • Regional spend dynamics
  • Regional spend dynamics
  • Comparison of category maturity across regions
  • Regional spend opportunity for suppliers (2018-2023)
  • 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
  • Sonepar – Key information dashboard
  • Ferguson – Key information dashboard
  • Würth – Key information dashboard
  • Grainger – Key information dashboard
  • WESCO international – Key information dashboard
  • Rexel – Key information dashboard
  • US category spend (2018-2023)
  • 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

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