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NEW YORK, March 16, 2022 /PRNewswire/ — SpendEdge’s latest market research report estimates the Industrial Gases will grow at a CAGR of 6.59% by 2026. Prices will increase by 10%-12% 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/industrial-gases-sourcing-and-procurement-intelligence-report
Key Points Covered in this Report:
- Am I engaging with the right suppliers?
- Which KPIs should I use to evaluate my incumbent suppliers?
- Which supplier selection criteria are relevant for Industrial Gases?
- What are the Industrial Gases category essentials in terms of SLAs and RFx?
A targeted strategic approach to Industrial Gases sourcing will provide several opportunities to buyers. However, in the absence of actionable intelligence on Industrial Gases, 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:
- Top-line growth
- Scalability of inputs
- Green initiatives
- Category innovations
- Supply base rationalization
- Demand forecasting and governance
- Minimalization of ad hoc purchases
- Adherence to regulatory nuances
- Cost savings
- Customer retention
- Reduction of TCO
- Supply assurance
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Free Sample of Our Best Selling Procurement Report:
This report provides in-depth inputs on streamlining your Industrial Gases category management practices.
Request for a FREE sample for detailed answers on:
- What should be my strategic sourcing objectives, activities, and enablers for Industrial Gases category?
- Which negotiation levers…
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