LONDON--(BUSINESS WIRE)--Global procurement market intelligence advisory firm, SpendEdge, has announced the release of their ‘Integrated Facility Management Services 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 facilities management industry. This report breaks down these data and analysis behind the procurement of integrated facility management (IFM) services and acts as an all-inclusive guide for making smart purchasing decisions.
“Suppliers of IFM services are incorporating the latest technologies, such as global smart-building cloud-based portfolio management solution and FM software to enhance efficiency and meet the growing demand,” says SpendEdge procurement research analyst Angad Singh. “There has been a rise in adoption of proprietary products, such as JLL's IntelliCommand, that are used to automate various aspects of IFM services,” added Angad.
Key Report Features
| Supply Market Insights | Negotiation Strategies | |||
| Procurement Best Practices | Category Risk Analysis | |||
| Cost Saving Opportunities | Key Supplier Analysis | |||
| Pricing Models | Supplier Capability Matrix | |||
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Report Highlights
- The global IFM services market is expected to grow owing to benefits such as cost-effectiveness and reduction in complexities associated with management of facility services.
- Buyers need to adopt the practice of defining KPIs in SLAs and adopting assessment tools to ensure that they receive the best quality of service form the suppliers.
- Category managers also need to ensure that the suppliers adopt appropriate and less complex online documentation methods for easy tracking of details.
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Integrated Facility Management Services Pricing Trends
The time and material pricing model is the most widely adopted pricing model of the market as it provides significant control over contracts and suppliers bear the maximum risks. However, this model does not allocate a fixed budget, which is expected to lead to the growth in the adoption of guaranteed maximum price model. This model provides the buyers control over costs and quality, in addition to having the option for allocating penalties to the suppliers.
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About SpendEdge
SpendEdge shares your passion for driving sourcing and procurement excellence. We are a preferred procurement market intelligence partner for Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence that helps sourcing and procurement professionals make informed decisions. These innovative procurement solutions help enterprises transform structural capabilities, improve execution efficiency, and fast-track time to savings.
