Induction Motors Market Procurement - Sourcing and Intelligence Report on Price Trends, Spend & Growth Analysis| SpendEdge

News provided by

Mar 18, 2022, 23:11 ET

SpendEdge has the fastest growth rate in number of reports and client base, with over 200 Forbes 2000 companies rely on our actionable insights.

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:

Am I engaging with the right suppliers?
Which KPIs should I use to evaluate my incumbent suppliers?
Which supplier selection criteria are relevant for Induction Motors?
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:

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

Request a Free Sample Report to Know More

Free Sample of Our Best Selling Procurement Report:

Synthetic Resins - Forecast and Analysis: The synthetic resins will grow at a CAGR of 5.09% during 2021-2025. This report evaluates suppliers based on quality of the product, pricing, assessment of safety measures, and ability to cater to surges in demand.
Plastic Bags and Pouches Sourcing and Procurement Report: The plastic bags and pouches, prices will increase by 3%-5% during the forecast period and suppliers will have a moderate bargaining power in this market.
Dyes and Pigments- Sourcing and Procurement Intelligence Report: This report evaluates suppliers based on processing capacity, geographic presence, existence of documented production processes and quality control systems, and production capabilities and product portfolio.

This report provides in-depth inputs on streamlining your Induction Motors category management practices.

Request for a FREE sample for detailed answers on:

What should be my strategic sourcing objectives, activities, and enablers for Induction Motors category?
Which negotiation levers can I pull for cost-saving?
What are Induction Motors procurement best practices I should be promoting in my supply chain

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 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

SOURCE SpendEdge