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Laboratory Animals and Supplies Market Procurement Intelligence Report with COVID-19 Impact Updates | SpendEdge

NEW YORK, May 12, 2021 The Laboratory Animals and Supplies market will register an incremental spend of about USD 0.34 billion, growing at a CAGR of 6.08% during the five-year forecast period. A targeted strategic approach to Laboratory Animals and Supplies sourcing can unlock several opportunities for buyers. This report also offers market impact and new opportunities created due to the COVID-19 pandemic.  

Key Highlights Offered in the Report:

  • Information on how to identify strategic and tactical negotiation levels that will help achieve the best prices.

  • Gain information on relevant pricing levels, detailed explanation of the pros and cons of prevalent pricing models.

  • Methods to help engage with the right suppliers and discover KPI’s to evaluate incumbent suppliers.

Insights into buyer strategies and tactical negotiation levers:

Several strategic and tactical negotiation levers are explained in the report to help buyers achieve the best prices for Laboratory Animals and Supplies market. The report also aids buyers with relevant Laboratory Animals and Supplies pricing levels, pros, and cons of prevalent pricing models such as volume-based pricing, spot pricing, and cost-plus pricing and category management strategies and best practices to fulfill their category objectives.

Key Drivers and Trends Fueling Market Growth:

The pressure from substitutes and a moderate level of threat from new entrants have resulted in the low bargaining power of suppliers.

Price forecasts are beneficial in purchase planning, especially when supplemented by the constant monitoring of price influencing factors. During the forecast period, the market expects a change of 4.00%-5.00%.

  • Identify favorable opportunities in Promotional Products TCO (total cost of ownership).

  • Expected changes in price forecast and factors driving the current and future price changes.

  • Identify pricing models that offer the most rewarding opportunities.

Some of the top Laboratory Animals and Supplies suppliers listed in this report:

This Laboratory Animals and Supplies procurement intelligence report has enlisted the top suppliers and their cost structures, SLA terms, best selection criteria, and negotiation strategies.

  • Laboratory Corporation of America® Holdings

  • Charles River Laboratories International Inc.

  • The Jackson Laboratory

  • Taconic Biosciences Inc.

  • Envigo

  • JSR Life Sciences Corp.

  • Horizon Discovery Group plc

  • Janvier Labs

  • Hilltop Lab Animals Inc.

  • Ketchum Manufacturing Inc.

Related Report on Pharma and Healthcare Include:

  • Vaccines Contract Manufacturing Services Sourcing and Procurement Report

  • Cell-based Assays Sourcing and Procurement Report

  • Vitamins Sourcing and Procurement Report

To access the definite purchasing guide on the Laboratory Animals and Supplies that answers all your key questions on price trends and analysis:

  • Am I paying/getting the right prices? Is my Laboratory Animals and Supplies TCO (total cost of ownership) favorable?

  • How is the price forecast expected to change? What is driving the current and future price changes?

  • Which pricing models offer the most rewarding opportunities?

Table of Content
Executive Summary
Market Insights
Category Pricing Insights
Cost-saving Opportunities
Best Practices
Category Ecosystem
Category Management Strategy
Category Management Enablers
Suppliers Selection
Suppliers under Coverage
US Market Insights
Category scope

About SpendEdge:

SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions.Laboratory Animals and Supplies Market Procurement Intelligence Report with COVID-19 Impact Updates | SpendEdge

Disclaimer: The following Press Release comes to you under a network of a strategic syndication partnership with PR Newswire. Prittle Prattle News takes no editorial responsibility for the same.

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