LONDON--(BUSINESS WIRE)--Global procurement intelligence advisory firm, SpendEdge, has announced the release of their ‘Customs Brokerage Market Procurement Research Report.’ This report breaks down the data and analysis behind the procurement of Customs Brokerage and acts as an all-inclusive guide to enable smarter procurement. Our reports from the professional services category analyzes the current supply market to help the buyers identify the critical saving opportunities. It also offers information on the pricing insights, supply market insights, and top suppliers in the category.
“In the customs brokerage category, labor costs are considered as one of the major costs incurred by the suppliers and account for 48% of the total costs,” says SpendEdge procurement analyst A Kowshik. “Also, growing customs regulations among different countries will compel the buyers to engage with customs brokerage firms,” added A Kowshik.
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Procurement experts at SpendEdge expect the following factors to play a key role in influencing the global category spend for customs brokerage.
- Increasing complexity associated with compliance with various regulations
- Increasing number of outsourcing
- The ability of suppliers to manage time zones for shipment of goods
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Customs brokerage supply market analysis
Since the buyers look for customization in the procurement process, they opt for suppliers who provide personalized solutions. Such suppliers help the buyers meet their requirements efficiently.
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Category management strategies for customs brokerage
In the customs brokerage market, one of the major category management strategies is the need for the buyers to synergize their production lead times. This is mainly to reduce the costs pertaining to procurement and operations.
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