Induction Motors Market Procurement – Sourcing and Intelligence Report on Price Trends, Spend & Growth Analysis
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NEW YORK, March 18, 2022 /PRNewswire/ — SpendEdge’s latest market research report estimates the Induction Motors market will grow at a CAGR of 11.26% by 2026. Prices will increase by 2%-5% during the forecast period and suppliers will have a moderate bargaining power in this market.
The report offers a detailed study by the way of synthesis, and summation of data from multiple sources.
www.spendedge.com/report/induction-motors-sourcing-and-procurement-intelligence-report
Key Points Covered in this Report:
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Am I engaging with the right suppliers?
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Which KPIs should I use to evaluate my incumbent suppliers?
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Which supplier selection criteria are relevant for Induction Motors?
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What are the Induction Motors category essentials in terms of SLAs and RFx?
A targeted strategic approach to Induction Motors sourcing will provide several opportunities to buyers. However, in the absence of actionable intelligence on Induction Motors, buyers have resulted in a transaction-based approach towards the category. The report explains key category management objectives that should form the base for sourcing strategy, including:
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Top-line growth
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Scalability of inputs
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Green initiatives
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Category innovations
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Supply base rationalization
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Demand forecasting and governance
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Minimalization of ad hoc purchases
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Adherence to regulatory nuances
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Cost savings
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Customer retention
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Reduction of TCO
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Supply assurance
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This report provides in-depth inputs on streamlining your Induction Motors category management practices.
Request for a FREE sample for detailed answers on:
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What should be my strategic sourcing objectives, activities, and enablers for Induction Motors category?
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Which negotiation levers can I pull for cost-saving?
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What are Induction Motors procurement best practices I should be promoting in my supply chain
Table of Content
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Executive Summary
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Market Insights
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Category Pricing Insights
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Cost-saving Opportunities
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Best Practices
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Category Ecosystem
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Category Management Strategy
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Category Management Enablers
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Suppliers Selection
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Suppliers under Coverage
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US Market Insights
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Category scope
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Appendix
About SpendEdge:
SpendEdge is one of the world’s leading procurement market intelligence companies. For over 17 years, we have been serving over 200 clients—including 55 Fortune 500 companies—across various industries with our best-in-class sourcing and procurement solutions.
Contacts
SpendEdge
Anirban Choudhury
Marketing Manager
Ph No: +1 (872) 206-9340
https://www.spendedge.com/contact-us
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