Global procurement market intelligence advisory firm, SpendEdge,
has announced the release of their ‘Commercial
Printing Procurement Research Report.' The insights and data in
this report provide a strategic analysis of the supply markets, factors
influencing purchasing decisions, procurement best practices, pricing
models, supplier landscape, and an analysis of the supplier capability
matrix for the marketing
industry. This report breaks down the data and analysis behind
the procurement of commercial printing and acts as an all-inclusive
guide for making smart purchasing decisions.
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Global Commercial Printing Procurement Market Intelligence Report (Graphic: Business Wire)
“The demand for commercial printing services is increasing rapidly in
emerging countries of APAC, such as Japan, China, and India,” says
SpendEdge procurement research analyst Tridib Bora. “This is due to
increasing demand from end-user segments such as the advertising and
packaging industry,” added Tridib.
Key Report Features
Supply Market Insights
Procurement Best Practices
Category Risk Analysis
Cost Saving Opportunities
Key Supplier Analysis
Supplier Capability Matrix
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focus on cost-saving aspects of procurement and optimization of category
The adoption of variable printing process helps firms to provide
personalized printing services without affecting the lead time of the
production process. Hence, the printing industry can meet the demand
for personalized printing services without a significant increase in
operating costs, leading to increased demand for such printing
Purchasing managers must collaborate with suppliers that have a
well-built logistics and supply chain system. A developed upstream and
downstream supply chain capability helps suppliers to provide enhanced
warehousing and logistics support to purchasing managers.
Purchasing managers are compelled to make their supply chain green by
collaborating with suppliers following eco-friendly operational
procedures because of increased stringency of environmental
regulations and social importance given to EHS practices. However,
they find it difficult to accurately evaluate the EHS practices of the
supplier as these are internal strategies.
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Commercial Printing Pricing Trends
The cost-plus markup pricing and volume based pricing are most commonly
used in the global commercial printing market. Cost-plus markup pricing
model is a highly transparent pricing method as purchasing managers are
aware of the cost incurred in providing the service/product. It is
highly preferred when prices of input materials are expected to reduce.
This is because of the reduction in input price subsequently reduces the
cost of the product as per this pricing method.
Volume-based pricing helps purchasing managers procure materials in bulk
and to reduce supply chain costs such as expediting, administrative, and
logistics costs incurred in the issue of multiple purchase orders.
Furthermore, this pricing method helps to avail volume discounts
leveraging advantages of economies of scale. This helps purchasing
managers reduce the unit cost of procured services.
However, according to procurement experts at SpendEdge, preferential
rates model has a higher potential and will gain adoption level in the
forecast period. This pricing model helps in managing the strategic
relationship with purchasing managers. This is because, under this
pricing, the supplier provides services or products at a comparatively
low cost than the competitor.
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View source version on businesswire.com: http://www.businesswire.com/news/home/20171005005729/en/