DUBLIN--(BUSINESS WIRE)--The "Global Product Warranty Insurance - Procurement Market Intelligence Report" report has been added to ResearchAndMarkets.com's offering.
The report, Global Product Warranty Insurance Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Product warranty insurance helps manufacturers and retailers to underwrite factory warranties and extended product warranties. It transfers the risks associated with the costs of replacing, reworking, or recovering products that have failed to perform their intended functions from manufacturers to insurance service providers.
The increasing emphasis by consumer goods manufacturers on extended warranty insurance is a key differentiating factor in terms of product promotion. Tailored product warranty insurance services offered by manufacturers, suited for end-user requirements, along with attractive value-added offerings by suppliers, are expected to augment the demand for product warranty insurance services.
According to the report, one of the key growth contributors to the global product warranty insurance market is the increasing demand for extended warranty insurance products. Further, the report states that one of the key category management strategies for the buyers in the global product warranty insurance market is to reduce TCO by adopting procurement practices such as collaboration between vendors and adoption of reverse eSourcing.
- Chubb Limited
- Zurich Insurance Group
Key Topics Covered:
1: Executive Summary
2: Market Insights
3: Category Pricing Insights
4: Cost-Saving Opportunities
5: Best Practices
6: Category Ecosystem
7: Category Management Strategy
8: Category Management Enablers
9: Suppliers Selection
10: Suppliers Under Coverage
11: U.S. Market Insights
12: Category Definition
For more information about this report visit https://www.researchandmarkets.com/research/7bk3jq/global_product?w=4