Global procurement intelligence advisory firm, SpendEdge, has announced the release of their 'Industrial Gearbox Market Procurement Research Report.' This report breaks down the data and analysis behind the procurement of industrial gearbox and acts as an all-inclusive guide to enable smarter procurement. Our reports from the heavy industry category analyze the market for both the buyers' and suppliers' perspective. It also offers buyers with information on the sourcing opportunities to help them achieve cost-savings.
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Industrial Gearbox Procurement Report. (Graphic: Business Wire)
"Engaging with the suppliers who provide reliability and quality in the products offered is one of the procurement best practices for buyers looking to reduce their spend," says SpendEdge procurement analyst Tridib Bora. "Also, suppliers ability to ensure consistency of after-sales services provided for efficient operation of gearboxes are the preferred suppliers among the buyers," added Tridib.
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Procurement experts at SpendEdge expect the following factors to play a key role in influencing the global category spend for industrial gearbox.
- The rising adoption of automation in end-user industries
- The growing need to replace old equipment
- The rising need to reduce costs associated with manufacturing facilities
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Report scope snapshot: Industrial Gearbox category
Market Insights:
- Global category spend
- Category spend growth
- Regional influence on global spend
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Category Pricing Insights:
- Pricing outlook
- Outlook for input costs
- Overview of pricing models
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Cost-Saving Opportunities:
- Supplier side levers
- Buyer side levers
- Quantifying cost savings by negotiation strategies
- To know more, download a FREE sample
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About SpendEdge
SpendEdge shares your passion for driving sourcing and procurement excellence. We are a preferred procurement market intelligence partner for Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence that helps sourcing and procurement professionals make informed decisions. These innovative procurement solutions help enterprises transform structural capabilities, improve execution efficiency, and fast-track time to savings.
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Contacts:
SpendEdge
Anirban Choudhury
Marketing Consultant
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hello@spendedge.com