New Research Areas
This upcoming procurement intelligence report is an essential part of Technavio’s category spend intelligence portfolio and explores the key benefits associated with outsourcing payroll services and ways to maintain an error-free payroll process. To help procurement heads and client consultants make informed decision, the market research analysts follow a triangulated research approach of primary and secondary research. Our procurement reports aid category managers to gain actionable insights into the best practices related to category-related procurement.
HR payroll processing services involve the calculation and disbursement of payroll checks and the filing of employees' tax returns based on parameters such as gross pay, including allowances, rewards, and incentives, and net pay. It also considers factors such as deductions and employees’ contributions toward social security, Medicare, and unemployment benefits. Additionally, these services also involve attending to the payroll-related queries of employees.
Our procurement specialists follow a comprehensive data collection process, which includes information review, information validation, stakeholder insights, and data analysis, to offer category heads with a holistic overview of the future market scenario.
Inside the report
A must-read market intelligence report for all procurement and supply chain professionals looking to
Technavio has recently added a procurement market intelligence report on global corporate training services market to its category spend intelligence portfolio. This report provides insights into how they can derive benefits from the current market scenario. Our procurement specialists follow a triangulated research approach of primary and secondary research to assist procurement heads and category managers through webinars and analyzing internal databases.
Corporate training programs are incorporated in an organization to enhance the skillset and productivity of the workforce and are aligned toward meeting business goals. The scope of an effective training program includes identifying the training needs, defining the organizational training objectives, framing the action plan for training, implementing the action plan, and evaluating the overall process.
This comprehensive data collection process follows a scrupulous approach of stakeholder insights, information review, information validation, and data analysis to offer suppliers a holistic overview of the future market landscape.
Inside the report
A must-read market intelligence report for all procurement and supply chain professionals looking to drive higher value from the use of corporate training servicess.
This upcoming procurement market intelligence report is an intrinsic part of Technavio’s category spend intelligence portfolio. This report analyzes the impact of lifestyle changes and adoption of green furniture on the furniture and furnishing market. The industry analysts have followed a triangulated research approach of primary and secondary research to assist procurement leads and category managers in making sound procurement decisions. Our procurement reports help them gain deep insights into the best practices for category-related procurements.
Furniture and furnishings are essentially used for making the office, workplace, residential area suitable for everyday tasks. These products mainly consume wood, plastics, and steel materials and include products like seating, desk, and benches. In addition, this product segment also features products such as seating, table, and bed related to various parts of the residence, such as bedroom, dining room, drawing room, and kitchen area.
To offer suppliers and category heads a holistic overview of the future market landscape, we follow an extensive data collection process of information review, information validation, stakeholder insights, and data analysis.
Inside the report
A must-read market intelligence report for all procurement and supply chain professionals looking to drive higher value from the use of
Overview of the global breast implant market
The global breast implant market is anticipated to grow at a steady rate and will post a CAGR of more than 6% during the forecast period. The decrease in procedural cost will drive the growth prospects for the global breast implant market in the forthcoming years. This trend of cost reduction has been witnessed in some of the major economies such as the UK and Spain. Factors responsible for this cost reduction include the increasing competition among plastic surgeons and the growing number of cosmetic surgery clinics. During the forecast period, it is anticipated that the process cost applicable for the breast augmentation procedure will further reduce due to the increasing number of qualified plastic surgeons. Furthermore, a large number of plastic surgeons and doctors are cutting down on their labor fees to sustain in this competitive environment. Moreover, the improved affordability encourages more women to undertake the procedure in the US and Europe, which will subsequently benefit the breast implant market.
The emergence of new combination treatments will drive the growth prospects for the global breast implant market for the next few years. This new trend of combination treatment involves the adoption of surgical and non-surgical procedures by the surgeons to deliver more comprehensive results. For instance, the UK has seen a trend of combined makeover that includes a combined procedure of breast implants and tummy tuck at the same time. This procedure is in high demand among women who experience a loss of skin on their stomach and breast volume during post-pregnancy.
Competitive landscape and key vendors
The global breast implant market is characterized by the presence of diversified international and regional vendors. Regional vendors find it difficult to compete with larger players based on factors such as the
Category overview for the SaaS market
According to this procurement market intelligence report, it was noted that the category managers in the global SaaS industry prefer to collaborate with suppliers who adopt a high level of technology and provide solutions that can increase the efficiency of business operations. It also reveals that there is an increased competition among the suppliers due to the emergence of advanced technologies that help to develop scalable software solutions. Furthermore, it was also noted that the procurement managers’ need to improve their business and financial prospects are driving the demand-supply shifts in the global SaaS market. To cater to this growing demand of the procurement managers, the suppliers have been compelled to invest more in the research & development of cost-effective and adaptable applications.
To procure the best SaaS services, buyers prefer adopting systematic procurement practices that allow them to exert better control over service providers, irrespective of the prevailing market conditions, as it helps them manage their expenses better and procure good-quality services. In addition, the buyers must enlist the use of technical professionals for the installation and deployment of SaaS applications as this will allow the buyers to leverage the detailed knowledge of these experts regarding the operational nuances of different departments in the organization. Another key procurement practice followed by the category managers in this market space is the determination of the ability of SaaS applications to add strategic merits to the business, such as
Overview of the personal protective equipment (PPE) market in India
Market research analysts at Technavio have predicted that the personal protective equipment (PPE) market in India will grow steadily during the next four years and post a CAGR of about 13% by 2020. This market research analysis identifies the rapid growth of construction industry as one of the primary growth factors of the PPE market. With rapid urbanization, the country is witnessing an increasing demand for infrastructure and real estate projects that will lead to the growth of the construction industry. The Government of India has also planned a number of development projects including the construction of bridges, roads, and regional-level infrastructure. This will result in the increasing demand for construction equipment from the country and will, in turn, propel the demand for personal protective equipment such as hearing protection, hand and arm protection, and foot and leg protection.
With the growing demand for the commercial vehicles, passenger vehicles, and three- and two-wheelers, the automobile industry in the country will witness exponential growth in the coming years. Increased investments by major automakers and the focus of the government to introduce sophisticated technology will also foster this industry’s growth. With the automotive manufacturers increasingly focusing on worker safety, the growth of the industry will bolster the growth prospects of the personal safety equipment market in the coming years.
Competitive landscape and key vendors
The market is characterized by the presence of a limited number of PPE manufacturers