Key findings: Moving services
Buyers can leverage this procurement market intelligence report to get meaningful insights into moving services pricing strategies, supply chain margins, and supplier cost breakup to improve supply market performance. An analysis of the top suppliers and category management strategies highlights is also offered in this moving services procurement market intelligence report.
Most of the highly-regulated sectors such as pharmaceutical, air travel, e-commerce, and banking are expected to shift from the UK to other European countries and APAC to avoid the potential adverse impact of Brexit. It is estimated that almost one-third of the UK-based companies are planning to relocate to the emerging countries in APAC and other parts of the EU to maintain their sales volume. The initiation of Brexit is expected to result in a high degree of moving services procurement across international boundaries.
To access complete details on the annual spend growth rate until 2023 and gain insights into moving services category management strategies, download a free sample.
Written from the perspective of the buyers and suppliers, this procurement market intelligence report from our logistics, warehousing and transportation portfolio, offers comprehensive coverage of the factors influencing the moving services pricing strategies across various regions and helps buyers to identify opportunities for cost savings. Insights into supply selection criteria, procurement best practices, and moving services category management strategies are also provided in this report to help buyers achieve an optimal procurement in this market.
Insights offered in this moving services procurement market intelligence report will help the buyers understand:
- Global and regional spend potential for the period of 2018-2023
- Pricing models and the factors influencing them
- Moving service pricing strategies to achieve cost-savings
- Ease of market entry
Analyze the global category spend for Moving services
Geographical expansions and business offshoring are considered as the pillars of a successful business model which is now being widely implemented among the sectors. This is creating a substantial demand and driving the spend growth rate for the moving services on a global scale. However, the employee relocation process involves complexities and costs which are compelling the organizations to leverage moving services to keep minimize their relocation costs.
Access the complete year-over-year spend growth rate and moving services pricing strategies insights by downloading a free sample copy.
This moving services procurement market intelligence report covers:
- Regional spend opportunity for suppliers
- Global and regional spend segmentation
- Cost drivers impacting moving services pricing strategies
Optimize category spend for moving services
Considering the fact that fluctuating fuel prices will add to the supplier’s OPEX, buyers are advised to partner with suppliers that adopt technologies such as telematics/GPS. Leveraging such technologies will minimize the buyer’s OPEX by reducing fuel costs and scheduling the fastest route possible for the transfer of shipments. Buyers can track the shipment and get real-time data through sensors installed in the transportation fleet.
This moving services procurement market intelligence report covers:
- Total cost of ownership
- Supply chain margins and outlook for input costs
- Overview and comparison of pricing models
Assess category spend for the US region
Imposition of tariffs by the current US administration on goods manufactured in the low-cost countries is compelling electronics, furniture, and steel companies to reshore their facilities to the US. Consequently, this is creating substantial demand for moving services in the region. The imposition of tariffs has also affected countries who used to be the biggest exporter of goods to the US. One of such countries is Canada who is now shifting their manufacturing base in the US to retain their customer base. This is predicted to accelerate the category spend momentum during the forecast period.
Additional information offered in this moving services procurement market intelligence report will help buyers analyze:
- Moving services category management objectives and supplier cost structure in the US
- Margins of suppliers and category cost drivers
- Category spend potential in the US
Build strategies for effective supplier selection
Service providers are expected to dedicate a separate team to deal with claims regarding missing or broken items. Apart from exhibiting the requisite skills and experience, such teams are expected to be readily available to give a prompt and quick response.
This moving services procurement market intelligence report identifies the major costs incurred by suppliers and provides additional information on:
- Supplier ecosystem
- Buyer and supplier KPIs
- Incumbent supplier evaluation metrics
Devise effective moving services category management strategies
Buyers should engage with service providers that offer online documentation platforms to record and store all the vital documents and provide the online billing option that can be executed from remote locations
Key insights offered in this moving services procurement market intelligence report will help the buyers identify:
- Critical KPIs for buyers and suppliers
- Moving services category management objectives and risk management strategies
- Sustainability practices
Determine the spend dynamics for key geographies
South America is witnessing an influx of businesses that are being outsourced by North America who is capitalizing on the former’s low inflation rate, availability of IT skilled workforce, and coinciding time zone with North America. This is driving the moving services procurement South America to a large extent. Increasing outsourcing activities in Ukraine because of lower salaries compared with other European countries and the abundance of skilled IT workforce is driving the category demand in this region.
Key geographies analyzed in this moving services procurement market intelligence report include the following:
- North America
- South America
Information on the top, granular insights in regional and global moving services pricing strategies, and category management objectives are offered in this mobbing services procurement market intelligence report. Download a free sample to access the report’s complete scope of coverage.
Key Features of Report
Procurement Best Practices
Cost Saving Opportunities
Supplier Capability Matrix
Moving Services - Category Spend Analysis
According to SpendEdge analysts, one of the key growth contributors for the global moving services market is the increased outsourcing of moving services by buyers, owing to high maturity of suppliers in handling movement of complex or fragile materials across geographies.
Moving Services - Procurement Best Practices
Buyers must engage with suppliers that offer value-added services such as employee, cultural and language training, repatriation assistance, assembly and disassembly of equipment, and provision of packing materials by the supplier. A key strategy adopted by procurement managers in this market space is to engage with suppliers that offer value-added services.
Moving Services - Procurement Challenges
A major procurement pain point experienced by the buyers is the mismatch between timelines assured to the buyer vs. actual delivery time. SpendEdge’s procurement specialists predict that the buyers must engage with service providers that have industry-specific experience and history of on-time delivery to counter this specific procurement pain point.