London-based Technavio’s new procurement market intelligence report on the global janitorial cleaning services market from 2017-2021, reveals that the global janitorial cleaning services market is expected to grow at a CAGR of 4.3% from 2017 – 2021. This growth is being driven by the demand from private and public sector companies, as outsourcing helps them reduce management complexities while procuring high-quality services.
The research report titled ‘Global Janitorial Cleaning Services Market: Procurement Intelligence Report 2017-2021’, provides an in-depth analysis of category spend, best procurement practices and cost-saving opportunities, aimed at helping organisations achieve superior business performance. The report also provides insights on pricing, supplier positioning and top companies, enabling sourcing professionals to improve their competitive advantage through procurement excellence. The report say that the adoption of various cost-optimisation tactics helps buyers of janitorial cleaning services realise direct cost savings and enhance category management and value benefits (including reduced procurement complexities).
The reports have segmented the cost saving opportunities in the janitorial cleaning services market into the following value-enhancement opportunities:
• Adoption of technology
• Supplier Competition
• Adoption of negotiation strategies
• Optimisation of procurement practices
• Bundling of services
• Adoption of technology saving aspects
Adoption of technologies such as janitorial software helps schedule tasks efficiently and robotic cleaning products the facilitate cleaning of surfaces without supervision. Janitorial services can rely on IoT (Internet of Things) applications to monitor resource utilisation and intimate maintenance requirements.
Organisations prefer to engage with suppliers that use advanced technology to ensure effective and efficient services while at the same time being mindful of the health and wellbeing of the workers and the environment.