Home Care Contract Manufacturing Market Procurement Intelligence, Supplier Intelligence, Supplier Ranking, Pricing & Cost Structure Intelligence, Best Practices, Engagement Model, Low & Best Cost Country, Day One Analysis Report, 2020 - 2025

Every organization and its procurement team wants to negotiate the best deal while procuring a set of products or services. Rate benchmarking uses price/cost comparison of more than one set of products/services to analyze the most efficient combination that will help the procurement team to get the optimum rate.

As chelating agents are the most important cost component for cleaning product manufacturing, the type of chelating agents is one of the most important aspects while analyzing the rate benchmarking of homecare contract manufacturing services. In our research, we have analyzed the rates of citric acid, nitrilotriacetic acid (NTA), and phosphonates. These three are the most common types of chelating agents used to produce cleaning products. By using rate benchmarking analysis, we found that using NTA as chelating agents is 15%-20% cost-efficient than using citric acid and phosphonates as chelating agents. Moreover, due to their toxicity phosphonates are banned in the EU, Canada, and Australia. Hence, using NTS and citric acid is the most preferable chelating agent for homecare contract manufacturers.

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Labor is one of the key cost components incurred while offering a product or service. Understanding the pricing structure of salary is important for organizations in selecting the appropriate supplier and to build a good negotiation strategy. It is also an important factor in determining whether the category under focus should be outsourced or built in-house.

Our research indicates that Henkel production managers earn 25% higher salaries than production managers from other Key industry competitors like PCC Group and McBride. However, the YoY increment rate in such companies largely depends on KRAs.

It is cumbersome for any organization to continuously track the latest developments in their supplier landscape. Our newsletter service helps them remain updated, to avoid any supply chain disruption which they may face, and keep a track of the latest innovations from the suppliers. Outsourcing such activities help clients focus on their core offerings. Our research on the homecare cleaning product contract manufacturing market has identified the following developments:

In April 2021, Fareva announced major investments within its newly formed GTP Biologics division, one year after the acquisition of two facilities from fellow French firm Pierre Fabre. The firm started a monoclonal antibody (mAb) production facility in Saint-Julien-en-Genevois, equipped with single-use technologies up to the 2,000 L scale.

In December 2020, Church & Dwight Co., Inc. completed the acquisition of Matrixx Initiatives, Inc., the owner of the ZICAM brand for USD530 million. This acquisition enhances Church & Dwight’s existing VMS product portfolio.