Procurement Intelligence Study Report

Management Consulting Cost and Pricing Analysis In this management consulting procurement intelligence report, we have estimated the pricing of the key cost components. Consultant salaries, office rent/utilities, consultant training, and recruitment, IT & technology costs, and legal costsare some of the key cost components of the category. The other costs include travel expenses, marketing & advertising, and insurance. Starting a management consulting business requires a significant initial investment to cover various expenses. Marketing and advertising are important aspects of this business. The average cost of marketing and advertising can be from USD 5,000 - USD 10,000. In recent years, consulting firms have embraced online advertising and social media marketing as highly popular and economical methods to promote their services. Utilizing platforms such as Google Ads or Facebook Ads, these firms can effectively reach their desired audience and create potential leads. Th...

Health and Wellness Management Services Cost and Pricing Analysis In this health and wellness management services procurement intelligence report, we have estimated the pricing of the key cost components. We have found in our research that the salaries of health and wellness consultants, tools, technology and software, marketing and advertising, and facilities/office space are some of the key costs associated with this category. Few other costs can include ongoing maintenance, employee participation costs, tests and checkups, utilities, legal costs, etc. Health and wellness consultants can include a range of professionals such as doctors, counselors, therapists, corporate coaches, etc. The salaries of these professionals form the most important cost component in this category combined with the latest technology, tools, and software. Together with marketing and advertisement, these three elements form the largest cost components in this category. The cost of marketing and advertising ...

Employee Relocation Cost and Pricing Analysis In this employee relocation procurement intelligence report, we have estimated the pricing of the key cost components. Labor costs, packing/unpacking service, transportation, temporary housing, taxes, and others are some of the key cost components of the category. The cost of employee relocation can vary from business to business as there are ways businesses can calculate and reduce their expenditures. Generally, for renters’ relocation packages can cost around USD 19,000 to USD 24,000. Whereas, for a homeowner, it may cost from USD 72,000 to USD 97,000. Relocation management companies offer various packages that cover all the expenses incurred in relocating an employee. A tax gross-up involves augmenting the overall payment amount to account for the taxes that need to be deducted from that payment. For instance, if an employee requires USD 5,000 for relocation expenses, in order to guarantee that the employee receives the complete n...

Employee Benefits Cost and Pricing Analysis In this employee benefits procurement intelligence report, we have estimated the pricing of the key cost components. Insurance, legally required benefits, paid leave, supplemental pay, and retirement & saving are the cost components associated with employee benefits category. Together, they account for 29.6% of the total cost. The cost per employee for these activities varied greatly from company to company, with the majority reporting spending between USD 20.01 and USD 250 per employee. Employers most frequently reported spending between USD 100.01 and USD 250 per employee on these initiatives. Most of the allowances are costs to the employers. Only medical insurance and other special allowances are outsourced to third-party companies by the employer. Special allowances include meal coupons, entertainment subscriptions, gym memberships, etc. Order your copy of the Employee Benefits category procurement intelligence report 2023-2030, p...

Employee Training Services Cost and Pricing Analysis In this employee training services intelligence report, we have estimated the price of the key cost components. Employee training services involve various cost components, including content development, instructor or facilitator fees, technology and infrastructure costs, venue and equipment expenses, travel and accommodation costs, and administrative costs. Content development accounts for 30% of the budget, followed by instructor fees, technology and infrastructure, venue and equipment expenses, travel and accommodation costs, and administrative costs. Optimizing these components ensures effective training outcomes while managing costs efficiently. Off-site locations may also result in travel and accommodation costs. The price of employee training services varies depending on the type of training, delivery format, number of participants, duration, expertise of trainers, customization, technology requirements, location, materials a...

Electric Vehicles (EVs) Cost and Pricing Analysis In this Electric Vehicle procurement intelligence report, we have estimated the pricing of the key cost components. Vehicle cost, Financing, Insurance, Purchase Taxes, Annual Registration Fee, Maintenance and Other costs. The other costs typically include home charger cost, electricity purchase, liquid fuel purchase, liquid fuel tax and electricity tax. Vehicle cost alone constitutes 49% of the total cost of ownership. Since the EVs utilize Lithium-ion batteries to run the electric motors, the cost of these batteries are very high and hold 45 - 50% of the total vehicle’s cost, which results to the higher price of every unit. Maintenance costs of an electric vehicle is $315 - $325 lesser in comparison to ICE vehicle if it used as per the maintenance guidelines outlined by the manufacturer.  Order your copy of the Electric Vehicles (EVs) category procurement intelligence report 2023-2030, published by Grand View Research, to ...

Digital Payment Services Cost and Pricing Analysis Unpacking the costs of digital payment services reveals a three-pronged approach: technology, transactions, and talent. The tech bill covers building and maintaining the infrastructure that keeps payments flowing, from servers and data centers to processing software. Transaction costs encompass the fees associated with each swipe or click, including credit card processing, network charges, and keeping fraudsters at bay. Finally, there's the human element – salaries and benefits for the customer service reps, developers, and security experts who keep the system running smoothly. While a typical service like PayPal might charge around USD 4 for a USD 100 transaction, and implementing blockchain could cost USD 1,500 monthly, these figures fluctuate depending on the specific transaction and provider you choose. Order your copy of the Digital Payment Services category procurement intelligence report 2023-2030, published by Grand Vie...

Digital Marketing Services Cost and Pricing Analysis Launching successful digital marketing campaigns requires investment across several key areas. Talent acquisition (30%) covers the salaries and benefits for your marketing team, the strategists, executors and managers who bring your vision to life. Tech stack costs (20%) encompass the essential tools and software needed, while amplification (variable) deals with securing ad space on digital channels. Content craft (variable) hinges on the quality and type of content you create for audience engagement, and campaign orchestration involves planning, execution and optimization – like conducting an orchestra. Finally, performance refinement (testing and optimization) ensures your campaigns continuously improve and deliver optimal results, akin to fine-tuning an engine for maximum performance. Diverse factors that affect the price of developing digital marketing and advertising services should be considered while designing the proje...

Construction Services Cost and Pricing Analysis In this construction services procurement intelligence report, we have estimated the pricing of the key cost components. Raw materials, labor, machinery, equipment, transportation, office rent, and legal charges are some of the key cost components of construction services. The cost of the services is primarily dominated by labor charges which account for 40%. Costs such as employee wages, benefits, training, and overtime are included in labor charges. Construction cost estimation is the most important part before starting any construction project. Both builders and clients share concerns regarding the financial repercussions of cost overruns and project incompletions. Consequently, they invest significant time and effort in estimating the project cost before making any decisions to proceed. When contemplating substantial projects, clients frequently seek various cost estimates from contractors as well as independent estimators to ensure ...

Big Data Cost and Pricing Analysis In this big data procurement intelligence report, we have estimated the pricing of the key cost components. The cost of big data development can vary significantly depending on the project scope, data volume, technology stack, and other factors. Organizations should carefully analyze their specific requirements and evaluate the potential return on investment before embarking on a big data initiative. The major cost components of big data development include system development and integration, testing and launch, maintenance, architecture design, hardware and software configuration and others. The implementation of big data solutions can be costly, with costs ranging from USD 200,000 to USD 3 million for a mid-sized organization. However, the benefits of big data can also be significant, including the ability to make better decisions, improve operational efficiency, and gain a competitive advantage. For instance, Amazon conducted a study on the costs...

Data Center Hosting & Storage Services Cost and Pricing Analysis In this data center hosting & storage services procurement intelligence report, we have estimated the pricing of the key cost components. Operating a major data center typically costs between USD10 million and USD25 million per year. The majority of data center upgrades involve electrical equipment, with prices per gross square foot ranging from USD 280 to USD 460. HVAC (heating, ventilation, and air conditioning) is a different principal system that adds additional costs of USD125 to USD215 per gross square foot. The cost of the service might vary depending on how many gigabytes are used; for consumption of under 100GB, it costs about USD14 per month or USD168 per year; for usage of 101GB to 500GB, it costs about USD30 per month or USD360 per year. Any usage of more above 1TB will cost USD85 per month or USD1,020 per Tb/Year. 501GB to 1TB will cost USD65 per month or USD780 per year. The total cost of ownership...

Dairy Derivatives Cost and Pricing Analysis In this dairy derivative procurement intelligence report, we have estimated the pricing of the key cost components. Raw material forms the largest cost component of dairy derivative category implementation. Raw material such as milk is the primary cost component in the dairy derivatives category, with variations depending on country, season, and milk quality. The average price is USD 3.9 per gallon for conventional whole milk in June 2023. Processing costs, including labor, equipment, and energy, contribute to the overall cost of dairy derivatives. Average operations manager salary is between USD 60,000 to USD 90,000. In the US, the cost per mile for refrigerated vehicles reached USD 4.97. The cost is affected by the rise in fuel prices. Rates in Canada have increased by 33% to USD 4.77 per mile from USD 3.59. Order your copy of the Dairy Derivatives category procurement intelligence report 2023-2030, published by Grand View Research, to g...