Overview

IBISWorld’s Inventory Accounting Services procurement research is intended to help you save time and money in the initial research stages of the buying process. Our data and analysis explain the characteristics, pricing dynamics, supply chain risks and negotiation tactics of Inventory Accounting Services to help your company negotiate strategically with suppliers. Our report insights also give your company the credibility to work with internal stakeholders and executives to better manage the sourcing process.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard
REPORT SNAPSHOT

Inventory Accounting Services - Recent Price Trend

In the three years to 2017, the average price of inventory accounting services has increased with low volatility at an estimated annualized rate of 2.2%. As business confidence has grown, more businesses have opened, more employees have returned to work, disposable incomes have increased and consumers have made more purchases. Therefore, companies have increased production in the period, which...

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Inventory Accounting Services - Total Cost of Ownership

The total cost of ownership associated with procuring inventory accounting services is moderate. Once buyers have selected a vendor, there are minimal additional costs. One factor to consider is how often inventory counts will be necessary because they will only provide a snapshot of what buyers have at that exact time. Therefore, to avoid further costs, buyers should schedule inventory counts in...

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About this Report

This report is intended to assist buyers of inventory accounting services, also known as inventory counting services, which is the body of accounting that deals with valuing and accounting for changes in inventoried assets. Inventory accounting service providers count, track and collect data on finished goods, work in process and raw materials at locations including retail stores (i.e. convenience stores, clothing stories and liquor stores), groceries, warehouses, educational institutes, hospitals and pharmacies. This report does not include accounting services such as audit, cost, financial, payroll and tax accounting or bookkeeping and billing services. It also does not include inventory software systems and scanning equipment.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Regulation
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
  Imports
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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