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Commercial Telematics Market Procurement Intelligence Report | Commercial Telematics Price Trends, Commercial Telematics Suppliers Selection Criteria and Procurement Insights Now Available From SpendEdge

November 4, 2019
Commercial Telematics Market Procurement Intelligence Report | Commercial Telematics Price Trends, Commercial Telematics Suppliers Selection Criteria and Procurement Insights Now Available From SpendEdge
Commercial Telematics Market Procurement Intelligence Report | Commercial Telematics Price Trends, Commercial Telematics Suppliers Selection Criteria and Procurement Insights Now Available From SpendEdge

LONDON--(BUSINESS WIRE)--Nov 4, 2019--

SpendEdge, a global procurement market intelligence firm, has announced the release of its Global Commercial Telematics Market - Procurement Intelligence Report.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191104005499/en/

Global Commercial Telematics Market Procurement Intelligence Report. (Graphic: Business Wire)

Disruptive trends in technological infrastructure and inadequacies in the same across geographies are impacting growth prospects in the commercial telematics market. To scale up to the technological strides that are being made in this market, commercial telematics suppliers are investing a major portion of their budget. This is eschewing their profit margin which is being compensated by increasing the price of the finished product in the market.

Contact us to avail a 50% discount on this complete commercial telematics market procurement intelligence report or request the free sample report to get a glimpse of the supply market, top commercial telematics suppliers, negotiation strategies, and SLA terms.

In the next five years, it is expected that the commercial telematics market will witness a spend growth of over USD 40 billion. This spend growth will be attributed to the increasing demand for advanced telematics solutions in electric vehicles to ensure passenger safety and to assist drivers.

What are the commercial telematics price trends that are driving the overall price structure in the global commercial telematics market?

Download the free sampleof this report to know what the key category management objectives that you must adopt to address the price dynamism in the commercial telematics market.

What are the scopes of optimizing procurement spend with these upward rising commercial telematics price trends?

Optimizing procurement spend does not stop at getting the product from suppliers at reduced rates. Most of the buyers in the commercial telematics market fail to realize that an adequate supplier relationship management is crucial to create avenues to save costs in the long run and also to facilitate effective category management in a market that is characterized with price and demand dynamism.

Collaborate with commercial telematics suppliers to understand and obtain significant data that provide values

Commercial telematics solutions generally produce large amounts of data. It is essential to filter the same to get the information that is pertinent to the buyer’s needs. Buyers are advised to partner with commercial telematics suppliers who offer a greater understanding of the data generated by commercial telematics solutions and aid in the analysis of data points that are vital to their business needs. Such a partnership will aid buyers, fleet owners in particular, in understanding information that can truly predict future incidences based on their fleet operation data.

Alignment with business needs

Buyers can ask for demonstrations for a better understanding of the suppliers’ telematics capabilities and their use to them. Moreover, prior to large fleet installments, buyers can run a pilot program for a better understanding of the solution and implications of its implementation in practical situations.

Get a free demoof our web-based platform to get instant and real-time insights on the price trends and to know procurement strategies that are being adopted by your competitors.

Some of the key topics covered in this report are:

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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. To know more, https://www.spendedge.com/request-free-proposal

View source version on businesswire.com:https://www.businesswire.com/news/home/20191104005499/en/

CONTACT: SpendEdge

Anirban Choudhury

Marketing Manager

US: +1 630 984 7340

UK: +44 148 459 9299

https://www.spendedge.com/contact-us

KEYWORD:

INDUSTRY KEYWORD: MARKETING ADVERTISING COMMUNICATIONS

SOURCE: SpendEdge

Copyright Business Wire 2019.

PUB: 11/04/2019 09:00 AM/DISC: 11/04/2019 09:01 AM

http://www.businesswire.com/news/home/20191104005499/en