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QA QC Certification Services Market Procurement Research - Forecast and Analysis by SpendEdge
[October 06, 2017]

QA QC Certification Services Market Procurement Research - Forecast and Analysis by SpendEdge

Global procurement intelligence advisory firm, SpendEdge, has announced the release of their ' QA QC Certification 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 professional services industry. This report breaks down the data and analysis behind the procurement of QA QC certification services and acts as an all-inclusive guide for making smart purchasing decisions.

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Global QA QC Certification Services Procurement Market Intelligence Report (Graphic: Business Wire)

Global QA QC Certification Services Procurement Market Intelligence Report (Graphic: Business Wire)

"The global QA and QC certification services market is highly competitive and is mainly driven by the need for regulatory compliance to overcome competition," says SpendEdge procurement research analyst Suraj Kumar S. "Global companies such as SGS, Bureau Veritas, and Intertek (News - Alert) are leveraging their geographical reach, expertise, and strong brand value to attract customers to new markets," added Suraj.

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 Insights

  • The increase in outsourcing of safety certification in sectors such as transportation, automotive, and oil and gas is driving the growth of the global QA QC certification services market.
  • Purchasing managers must opt for shared audits. Regulatory bodies are accepting shared audit reports, and they use third-party service providers for testing and verification. This reduces the cost for purchasing managers as a large number of audits can be carried out when compared with an internal and individual process.
  • It is difficult for purchasing managers ensure that service providers have a proven track record to provide relevant industry certifications. Inappropriate or duplicate certifications provided by suppliers can lead to inadequate testing and inspection process, resulting in loss of clients' reputation.

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QA QC Certification Services Pricing Trends

Fixed-fee pricing is one of the most widely accepted pricing models in the QA QC certification services market. It facilitates easy benchmarking of price quotes against competitors and transfers ownership of risks associated with adherence to budgets to service providers. However, according to SpendEdge analysts, annual license fee pricing is a remarkably potential pricing model and will gain adoption in the forecast period. This pricing model helps procure discounts related certification for the bulk of new products and usually preferred when the market for products are not precise.

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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.

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