Connect with us

News

Relocation Services Market Procurement Intelligence Report with COVID-19 Impact Analysis | Global Forecasts, 2020-2024

gbafNews28

The Relocation Services market will register an incremental spend of about USD 4 billion, growing at a CAGR of 3.01% during the five-year forecast period. A targeted strategic approach to Relocation Services sourcing can unlock several opportunities for buyers. This report also offers market impact and new opportunities created due to the COVID-19 pandemic. Download free sample pages

Key benefits to buy this report:

  • What are the market dynamics?
  • What are the key market trends?
  • What are the category growth drivers?
  • What are the constraints on category growth?
  • Who are the suppliers in this market?
  • What are the demand-supply shifts?
  • What are the major category requirements?
  • What are the procurement best practices in this market?

Information on Latest Trends and Supply Chain Market Information Knowledge centre on COVID-19 impact assessment

SpendEdge’s reports now include an in-depth complimentary analysis of the COVID-19 impact on procurement and the latest market data to help your company overcome sourcing challenges. Our Relocation Services market procurement intelligence report offers actionable procurement intelligence insights, sourcing strategies, and action plans to mitigate risks arising out of the current pandemic situation. The insights offered by our reports will help procurement professionals streamline supply chain operations and gain insights into the best procurement practices to mitigate losses.

Insights into buyer strategies and tactical negotiation levers:

Several strategic and tactical negotiation levers are explained in the report to help buyers achieve the best prices for Relocation Services market. The report also aids buyers with relevant Relocation Services pricing levels, pros and cons of prevalent pricing models such as volume-based pricing, spot pricing, and cost-plus pricing and category management strategies and best practices to fulfil their category objectives.

For more insights on buyer strategies and tactical negotiation levers Click Here

To access the definite purchasing guide on the relocation services that answers all your key questions on price trends and analysis:

  • Am I paying/getting the right prices? Is my Relocation Services TCO (total cost of ownership) favorable?
  • How is the price forecast expected to change? What is driving the current and future price changes?
  • Which pricing models offer the most rewarding opportunities?

To get instant access to over 1000 market-ready procurement intelligence reports without any additional costs or commitment, Subscribe Now for Free.

Some of the top relocation services suppliers listed in this report:

This relocation services procurement intelligence report has enlisted the top suppliers and their cost structures, SLA terms, best selection criteria, and negotiation strategies.

  • Paragon Global Resources Inc.
  • Santa Fe Group
  • Graebel Companies Inc.
  • Global Mobility Solutions LLC
  • Suddath Van Lines Inc.
  • NuCompass Mobility Services Inc.
  • Weichert Workforce Mobility Inc.
  • XONEX Relocation LLC
  • American Relocation Connections
  • CORPORATE RELOCATION LLC

This procurement report helps buyers identify and shortlist the most suitable suppliers for their relocation services requirements by answering the following questions:

  • Am I engaging with the right suppliers?
  • Which KPIs should I use to evaluate my incumbent suppliers?
  • Which supplier selection criteria are relevant for?
  • What are the relocation services category essentials in terms of SLAs and RFx?

Get access to regular sourcing and procurement insights to our digital procurement platformContact Us.

Table of Content

Executive Summary

Market Insights

Category Pricing Insights

Cost-saving Opportunities

Best Practices

Category Ecosystem

Category Management Strategy

Category Management Enablers

Suppliers Selection

Suppliers under Coverage

US Market Insights

Category scope

Appendix

About SpendEdge:

SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions. To know more https://www.spendedge.com/request-for-demo

SpendEdge

Anirban Choudhury

Marketing Manager

US: +1 630 984 7340

UK: +44 148 459 9299

https://www.spendedge.com/contact-us

News

Lead8 Design for Newly Unveiled ‘11 SKIES’ in Hong Kong

gbafNews28

Hong Kong’s $20 Billion Mixed-use Destination at SKYCITY

 

HONG KONG SAR – Media OutReach – 25 November 2020 – Lead8, the international award-winning design firm, is excited to announce the firm’s appointment as Lead Consultant on ’11 SKIES’ has been extended to include Interior Design alongside its Masterplanning and Architecture scope.

11 SKIES, the brand new HK$20 billion mixed-use destination at SKYCITY, will be Hong Kong’s largest hub for Retail, Dining and Entertainment (RDE), and the first such development to combine wealth management and wellness services. The latest designs and name were unveiled this week by New World Development.

[View Image]

“Lead8’s multi-disciplinary undertaking as Masterplanners, Architects and Interior Designers on 11 SKIES has been an incredible achievement. This is a ground-breaking development which continues to attract international interest. It is a testament to the commitment, creativity and expertise of our team that we have been entrusted to design and deliver the city’s most comprehensive and enhanced RDE destination to date,” said Claude Touikan, Co Founder & Executive Director at Lead8.  

Operated by K11, 11 SKIES is a brand new landmark in Hong Kong for locals and tourists covering a gross floor area of 3.8 million sqft. The destination will feature 2.66 million sqft dedicated to dining and retail outlets and 570,000 sqft for experiential entertainment facilities. There will be over 800 shops including more than 120 dining concepts together with entertainment never seen before in the region, all under one roof.

Notably, the destination has attracted the first launch in Greater China for famous entertainment brand KidZania. Further unique and imaginative entertainment facilities will also be on offer including SkyTrack, the world’s largest indoor and outdoor karting track, a flying theatre, digital media performances and immersive educational experiences. Once complete, 11 SKIES will be the largest indoor entertainment centre in Hong Kong.

As part of the mixed-use development, 11 SKIES also integrates three grade A office towers covering 570,000 sqft which will be operated under K11 ATELIER. They will feature anchor tenancies from five large-scale international institutions in financial services, insurance and health management. As the first to combine wealth management and wellness services within an RDE destination, 11 SKIES aims to provide unique connectivity and redefine the traveller and consumer experience.

Strategically located next to the Hong Kong International Airport, the Hong Kong Zhuhai-Macao Bridge, and the future Tuen Mun-Chek Lap Kok Link, 11 SKIES will benefit from the high volume of passengers travelling through Hong Kong International Airport, and a further 72 million people residing in the GBA. The destination will become a centerpiece within the GBA’s ‘one-hour living circle’ and a gateway to the rest of the world.

Opening in phases from 2022 to 2025, 11 SKIES is set to deliver a first-of-its-kind ecosystem offering brand new experiences for retail, entertainment, dining, wellness and business in Hong Kong and the Greater Bay region. 


Project Details

  • Location: Hong Kong
  • Developer: New World Development Company Limited
  • Size: 3.8 million sqft
  • Masterplan: Lead8
  • Architecture: Lead8
  • Interior Design: Lead8


Image Gallery
All images ©Lead8 Hong Kong Limited

About Lead8

Lead8 is an international design studio with award-winning expertise in architecture, interior design, masterplanning, branding and graphic design. With a team of over 250, the firm works on projects in more than 40 cities around the world from studios in Hong Kong, Singapore, Kuala Lumpur and London. Since its inception, Lead8 has partnered with some of the world’s leading property developers, owners and operators with a portfolio which includes 11 SKIES at Hong Kong International Airport, MixC Shenzhen Bay, One Bangkok and the Shangri-La Mixed-use Development in Fuzhou. 

www.lead8.com

About 11 SKIES

11 SKIES will be Hong Kong’s largest hub for Retail, Dining and Entertainment (RDE), and the first to combine wealth management and wellness services in one complete ecosystem for people in Hong Kong, the Greater Bay Area and the rest of the world. The destination is owned and developed by New World Development Company Limited and operated by K11 Group.


www.11-skies.com

Continue Reading

News

Senoko Energy Rewards Customers With Delights To Illuminate Holiday Season

gbafNews28

Senoko Energy introduces thoughtfully curated offers & special giveaways to reward customers and brighten up the festive season

 

SINGAPORE  – Media OutReach – 25 November 2020 – Reimagine the holiday celebrations with Senoko Energy, as the authorised electricity retailer kicks off its year-end “Ho-Ho-Home with Senoko” campaign with a series of thoughtfully curated offers and festive giveaways, alongside a cheery Christmas video. While holiday celebrations will certainly look a little different this year with social distancing measures and travel restrictions in place, Senoko Energy seeks to share rewards that will help invigorate celebrations while sparking ways Singaporeans can relish the festivities even as they stay home this season.

 

[View Image]

 

Senoko Energy has released a 3-minute video starring home-grown vocal group MICappella, which seeks to put a spotlight on the many different ways to celebrate the season at home. With the use of imagination and selected rewards from Senoko Energy, the band spends Christmas at home in a uniquely local way with their families, creating endearing memories.

 

As part of the campaign, Senoko Energy is running a social media contest that encourages the public to submit tips on how they plan to reimagine their festive celebrations in the comfort of home. The contest will span over 2 weeks and the 10 most creative entries will stand to win a $50 GrabFood voucher.

 

Heather Ang, Head of Marketing at Senoko Energy said: “With travel restrictions still widely in place, we hope to help keep festivities merry with our rewards, even as our customers celebrate Christmas at home”.

 

“November 2020 also marks the second anniversary of our launch in Singapore’s Open Electricity Market, and we want to take this opportunity to thank our loyal customers for their support with compelling rewards and benefits.” She added.

 

Smart Rewards

To help bring the Christmas cheer to homes through its loyalty programme, Smart Rewards, Senoko Energy has partnered with home & lifestyle brands to offer three festive giveaways:

 

  • 1 lucky customer will stand to win a Thermomix® TM6 and a unique opportunity to enjoy a “Cook & Bond” private cooking session for the whole family (worth over $2,500).
  • 20 customers will also win a specially curated DIY winter-themed terrarium.
  • 800 customers will get to redeem a $10 GrabFood e-voucher

 

Existing customers can participate in these festive lucky draws by submitting their interest within their Senoko Energy online account or via the mobile app.

 

Other highlights within the Smart Rewards programme include discounts from merchant partners such as Fassler Gourmet, RedMart, Lazada, Sonos, BooksActually, etch&bolts, CatchPlay, The Art of Sake, and more, to help kick-start the gift-giving.

 

Heather Ang

Head of Marketing

[email protected]

Nicole Ye

Digital Marketing Manager

[email protected]

About Senoko Energy Pte Ltd

Senoko Energy Pte Ltd provides energy for life to generations of Singaporeans, delivering safe, innovative, and efficient energy supply to customers since 1977. Integral to Singapore’s development, it is a pioneer in power generation and energy solutions, serving Singapore’s energy needs with proven reliable performance.

 

As one of the largest power generation companies by installed capacity in Singapore, Senoko Energy has a licensed capacity of 2,807 megawatts (MW), providing about one-fifth of the nation’s electricity needs. The company launched its retail brand in 2018, offering retail products and services for Singapore households and small and medium enterprises (SMEs) in the Open Electricity Market.

 

Visit www.senokoenergy.com for more information.

Continue Reading

News

Ericsson ConsumerLab Report: Digital Technologies to Augment Singapore’s Transportation Infrastructure

gbafNews28

  • 43 percent of Savvy Commuters feel that they receive plenty of mental space when commuting
  • 40% of Singaporeans feel that their city infrastructure is becoming more strained every year
  • Technology expected to play an instrumental role in enhancing commuter experience

SINGAPORE – Media OutReach – 26 November 2020 – Ericsson‘s latest ConsumerLab report explores commuter behavior both before and during the COVID-19 crisis, reflecting consumers’ opinions and habits that could be used to offer a more satisfactory commuting experience in the increasingly digital and connected world of tomorrow.

 

Commuting in Singapore has been affected by the COVID-19 crisis with measures during this unprecedented time influencing changes in consumer mobility patterns and future expectations. Consumers are demanding more from their devices, mobile connectivity, and vehicles during their daily commute to wrap up their work or partake in social and recreational activities while commuting. The Augmenting the Daily Commute report surveyed 16,000 commuters in 16 cities, including 1,000 from Singapore who used different transport modes, including ride and car sharing services.

 

Mental space for a positive commuting experience

The report explores how the most satisfied commuters — a group Ericsson has named “Savvy Commuters” — see their commute as more than just time spent moving from one point to another. Savvy Commuters actively create positive conditions for their trips, using it to free up time for the rest of the day and turning it into an experience worth having.

 

A crucial criterion for a positive experience is the feeling of having enough physical and mental space. Physical space is dependent on the transport mode but mental space can be recreated through digital engagement. In Singapore, 43 percent of Savvy Commuters feel that they receive plenty of mental space during their commute, an additional 42 percent shared that they have sufficient personal space when commuting. This group immerse themselves in different digital experiences to create a sense of space, with 54 percent of them relying on their smartphones and 46 percent using headphones to achieve this purpose.

 

Commuters are concerned about the city’s mobility infrastructure

Mass transportation remains the most common form of transportation mode by Singaporeans (56 percent), with 37 percent doing so with their personal cars. Key motivations cited for using the current mode of transport are its convenience (58 percent), cost (45 percent) and time efficiency (46 percent). When it comes to time spent on commuting, majority of Singaporeans spend less than 90 minutes commuting a day (64 percent), while 36 percent spend 90 minutes and more. Unsurprisingly, reducing time spent on commuting is a key priority for most respondents (over 70 percent) compared to having control of their arrival time with a longer commute (almost 30 percent).   

 

Despite being one of the few cities in the study with greatest use of mass transport modes, more than 60 percent of respondents in Singapore have a negative perception of the city’s transportation system. 39 percent of respondents feel the growing strain in the city’s mobility infrastructure,  while 25 percent believe that it is reaching a saturation point and is working over the intended capacity.

 

Safety tops the list of conceptual mobility services

Testing and analyzing 16 mobility concepts across three categories of “Safety and Assistance”, “Entertainment”, and “Convenience”, Ericsson found that consumers are most interested in services and features that enhance safety and reduce stress in demanding situations. Majority of respondents show high interest in enhanced assisted driving features supported by connectivity, where information is collected from vehicles and sensors regarding hazards beyond the horizon.

 

Half of the respondents from Singapore are highly interested in safety features that send alerts when a driver is not paying attention to a danger ahead, alerting both the driver and other road users. This is backed by their willingness to pay a premium for safety services and features such as distracted driver detection (35 percent) and see through cars powered by 5G (32 percent).

 

When it comes to entertainment and convenience, 37 percent voiced high interest for augmented reality windows on trains and buses. Nearly one third look forward to seeing some form of in-seat Augmented Reality (AR) passenger entertainment, while 34 percent have stated their preference for mood personalization experiences. 39 percent of respondents are also highly interested in continual in-vehicle connectivity that offers alternative route suggestions from the vehicle to avoid call drops or lags along the way to boost their productivity.

 

“5G technology will play an instrumental role in delivering an enhanced commuter experience, alongside the safety, efficiency and sustainability of urban transportation in the years to come. Through our continuous investments, partnerships and innovation, we aim to deliver the best connectivity experience for commuters across the different modes of transportation,” said Martin Wiktorin, Head of Ericsson Singapore, Brunei and Philippines “We can take inspiration by understanding what consumers value during their daily commute and drive positive changes to deliver satisfaction and enhance the commuting experience as more people head back to work.”

 

The report also includes highlights around commuter expectations on the future of mobility in Singapore such as:

  • 61 percent believe that shared mobility services will be used more than today in 5 years’ time, with the main reason being to reduce congestion.
  • Among the sixteen conceptual mobility services, most Singaporeans expect entertainment services to take the longest to enter the market, with augmented reality maps expected to roll out only in the next 4.5 years.
  • Globally, 60 percent respondents believe autonomous vehicles will completely revolutionize the commuting experience within the next 10 years. This figure rises to 72 percent in Singapore with consumers indicating that new automotive companies will lead the autonomous vehicle revolution. Interestingly, Singapore consumers (38 percent) are revealed to rely much more heavily on government authorities to lead the deployment of autonomous driving compared to other countries in Asia Pacific, with only 25 percent of the region expecting government authorities to do so.

 

ABOUT THE STUDY:

This study is representative of the opinions of 130 million smartphone users globally. The data were gathered through online interviews with 16,000 people between ages 15 – 69 years-old from Bangkok, Berlin, Delhi, Dubai, Jakarta, London, Los Angeles, New York, Paris, São Paulo, Seoul, Shanghai, Singapore, Stockholm, Sydney and Tokyo. Of which 1,000 users are based in Singapore. In addition to the consumer interviews, expert interviews were conducted with senior executives from telecom operators, mobility service providers and vehicle manufacturers between March and April 2020 to gain a perspective on industry sentiments around the future of mobility for consumers.


ABOUT ERICSSON:

Ericsson enables communications service providers to capture the full value of connectivity. The company’s portfolio spans Networks, Digital Services, Managed Services, and Emerging Business. It is designed to help our customers go digital, increase efficiency and find new revenue streams. Ericsson’s innovation investments have delivered the benefits of telephony and mobile broadband to billions of people around the world. Ericsson stock is listed on Nasdaq Stockholm and on Nasdaq New York. www.ericsson.com

Continue Reading
Editorial & Advertiser disclosureOur website provides you with information, news, press releases, Opinion and advertorials on various financial products and services. This is not to be considered as financial advice and should be considered only for information purposes. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third party websites, affiliate sales networks, and may link to our advertising partners websites. Though we are tied up with various advertising and affiliate networks, this does not affect our analysis or opinion. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you, or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish sponsored articles or links, you may consider all articles or links hosted on our site as a partner endorsed link.
gbafNews28 gbafNews28
News44 mins ago

7-Eleven teams up with 8 popular Sanrio characters to launch a Mini Pouch Collectible Programme “Little Baubles of Joy”

HONG KONG SAR – Media OutReach – 26 November 2020 – The countdown to Christmas has well and truly begun! So, let’s get into...

gbafNews28 gbafNews28
News44 mins ago

Sunlight Real Estate Investment Trust Issued HK$300 Million Five-year Medium Term Notes

HONG KONG SAR – Media OutReach – 26 November 2020 – Henderson Sunlight Asset Management Limited (the “Manager“) is pleased to announce that...

gbafNews28 gbafNews28
News44 mins ago

ChickP, the First in the World to Launch the Groundbreaking 90% Chickpea Isolate, Successfully Patents Its Brainchild in Israel

Investor Growthwell Group, a Local, Temasek-backed Plant-based Meat Manufacturer, Is Helping the Company Apply for a Patent in Singapore  ...

gbafNews28 gbafNews28
News44 mins ago

ESR inks multi-lease agreement with Mitsubishi Fuso Truck and Bus Corporation at ESR Yokohama Sachiura park clearing strategic Higashi Ogishima site for imminent development

Transaction results in accelerated leasing at ESR Yokohama Sachiura DC1 and development commencement of ESR Higashi Ogishima DC1   TOKYO,...

gbafNews28 gbafNews28
News44 mins ago

Virtual event TECHFEST VIETNAM 2020 – the determination of Vietnamese government to connect resources, acting as a springboard for innovative startups

HA NOI, VIETNAM – Media OutReach – 26 November 2020 – The national festival for innovative startups, TECHFEST VIETNAM 2020,...

gbafNews28 gbafNews28
News44 mins ago

DHL sends healthcare supplies for World Health Organization to the Pacific Islands

Tourism-dependent islands badly impacted by more than 90% decline in passenger flights Supplementary COVID-19 supplies moved through Singapore and Fiji...

gbafNews28 gbafNews28
News44 mins ago

Ericsson ConsumerLab Report: Digital Technologies to Augment Singapore’s Transportation Infrastructure

43 percent of Savvy Commuters feel that they receive plenty of mental space when commuting 40% of Singaporeans feel that...

gbafNews28 gbafNews28
News44 mins ago

Communications Association of Hong Kong Supports The New Initiatives on Telecommunications Industry in The Chief Executive’s 2020 Policy Address

New initiatives will be beneficial to the long-term development of innovation and technology and the implementation of the Smart City...

gbafNews28 gbafNews28
News44 mins ago

Senoko Energy Rewards Customers With Delights To Illuminate Holiday Season

Senoko Energy introduces thoughtfully curated offers & special giveaways to reward customers and brighten up the festive season   SINGAPORE...

gbafNews28 gbafNews28
News44 mins ago

Lead8 Design for Newly Unveiled ‘11 SKIES’ in Hong Kong

Hong Kong’s $20 Billion Mixed-use Destination at SKYCITY   HONG KONG SAR – Media OutReach – 25 November 2020 – Lead8, the...