Key findings: QA QC certification services
This QA QC certification services market intelligence report acts as an all-inclusive guide to enable smart purchasing decisions. Actionable information on the global spend analysis, regional spend dynamics, supplier selection criteria, and pricing strategies.
The QA QC certification services market is primarily driven by the growing focus on offering better quality products and services to the customers and the continuous changes in the standardization. Buyers in the manufacturing sector are implementing the ISO 9001 standards to get certification, that will testify the quality of the products. Construction firms are exhibiting a high demand for international guidelines and specifications that cover the type and status of the soil to the roof. This is creating substantial demand for QA QC certifications services while accelerating the category spend momentum.
For more information on the exact year-over-year spend growth rate, download a free report sample.
Written from the perspective of the buyers and suppliers, this QA QC certification services market intelligence report offers comprehensive coverage of the factors that are influencing pricing strategies across various regions and helps buyers to identify opportunities for cost savings. To aid buyers to procure QA QC certification services at cost-effective rates, a global spend analysis to facilitate the overall pricing outlook, supplier selection criteria, and supplier cost structure are also offered in this report.
Insights offered in this QA QC certification services market intelligence report will help the buyers understand:
- Global spend potential of QA QC certification services market for a period of 2018-2023
- Supplier selection criteria and cost breakup
- Global spend analysis and pricing strategies
- Supply chain margins and key cost drivers
Analyze the global category spend for QA QC certification services
The growing stringency of regulations is compelling buyers from end-user segments such as life sciences and oil and gas increase their spend on a range of QA QC certification services. An increasing tendency of the companies to outsource audit functions to reduce their OPEX is contributing to the category spend growth rate to a significant extent. To secure an edge above the competitors, the QA QC certification services providers are collaborating with tech companies to offer differentiated services such as scientific traceability testing services and to improve the accuracy of inspection services.
To access the annual market size data for the global category spend, download a free sample copy.
Our portfolio of reports for the professional services category help buyers understand:
- Regional and global spend opportunities
- Spend dynamics on a global and regional level
- Pricing strategies and supplier selection criteria
Optimize category spend for QA QC certification services
Auditing the prospective QA QC certification services providers and subcontractors is crucial particularly for end-user sectors such as the pharmaceutical industry that are under the strict watch of the regulatory bodies. However, repeated audit processes can be time-consuming and costly which can ramify to increasing procurement spend for buyers. It is advised that buyers collaborate with service providers to undertake a shared audit approach. Such an approach can minimize the cost incurred by buyers while enabling them to run a larger number of audits when compared with an internal and individual process.
This QA QC certification services market intelligence report also offers coverage of:
- Cost-saving opportunities
- Supply chain margins
- Technology-facilitated procurement metrics
- Supply market competitiveness and factors influencing pricing strategies
Assess category spend for the US region
A highly regulated food and beverage industry in the US is outsourcing the auditing processes to acquire the USDA certification for all the organic produces, that is currently in high demand. Consequently, this is propelling the category spend momentum in the US. Growing digitization and the rapid adoption of cloud-services and IoT are resulting in the innovation of newer systems and softwares. These systems have to mandatorily undergo testing and acquire the certifications to ensure user safety. This is driving the demand for QA QC certification services market in the US.
Additional information offered in this QA QC certification services sourcing and procurement report will help buyers analyze:
- Pricing strategies and category spend analysis in the US
- Supplier selection criteria and cost structure in the US
- Margins of suppliers and category cost drivers
Build strategies for effective supplier selection
One of the critical supplier selection criteria that must be considered in this market is to assess suppliers based on their accreditations and certificates such as ISO 9001 and ISO 17020. Dealing with uncertified suppliers increases liability risks for buyers.
This QA QC certification services market intelligence report identifies the major costs incurred by suppliers and provides additional information on:
- Key supplier selection criteria
- Service level agreements and spend analysis insights
- Total cost of ownership and category risks
Devise effective category management strategies for QA QC certification services
Instances of occupational hazards pose as one of the high risks during testing and inspection of services in industries such as oil and gas, mining, and energy. Such incidents can cause potential reputational damage while increasing the certification costs and time for buyers. Category managers must collaborate with QA QC certification services suppliers that employ proper employee safety measures on-site.
Key insights offered in this QA QC certification services sourcing and procurement report will help the buyers identify:
- Category risks and strategies to mitigate them
- Major supplier and buyer KPIs
- Threat of new substitues and availability of new suppliers
Design strategies based on regional spend data
Increasing regulatory stringency imposed on the food industry will serve as a critical category growth driver in APAC. Medical device manufacturers in North America are transitioning from CMDCAS to the MDSAP certificates to meet the quality management system requirements of medical device regulations. Consequently, this will drive the category spend momentum in the region. Revision of the EU General Safety Regulation and Pedestrian Safety Regulation will primarily drive the category growth in Europe.
To estimate the regional spend potential, this QA QC certification services market intelligence report considers geographies such as:
- North America
- South America
Granular insights into regional and global spend analysis, pricing strategies, and Information on the top QA QC certification services suppliers are offered in this 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
QA QC Certification Services - Category Spend Analysis
According to SpendEdge analysts, a key factor contributing to the growth of this market is the growing need to enhance the quality of products and services delivered to customers. Moreover, the increasing need for strict compliance with regulatory standards in manufacturing is driving this market’s growth.
QA QC Certification Services - Procurement Best Practices
Buyers should engage with suppliers that have accreditation from different standards bodies such as ISO and ANSI. This will help buyers advertise themselves in the market and attract more clientele, as these standards bodies have good reputation in the market.
QA QC Certification Services - Procurement Challenges
Based on the analysis in this report, a major procurement pain point experienced by the buyers is the difficulty in evaluating the expertise of auditors that are assigned to the certification process. This is because buyers have limited scope for interaction prior to engagement. To deal with such challenges, buyers need to obtain details regarding auditors' expertise, including necessary experience to work on certifications across industries.