Induction Motor Market Procurement – Procurement and Intelligence Report on Price Trends, Spending and Growth Analysis

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Induction Motor Market Procurement – Procurement and Intelligence Report on Price Trends, Spending and Growth Analysis

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NEW YORK, March 18, 2022 / PRNewswire / – SpendEdge’s latest market research report estimates induction motor market to grow at a pace CAGR of 11.26% by 2026. Prices will increase by 2% -5% during the forecast period and suppliers will have moderate bargaining power in this market.

Induction motor market

Induction motor market

The report offers a detailed study by 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 interacting with the right suppliers?

  • What KPIs should I use to evaluate my historical suppliers?

  • Which supplier selection criteria are relevant for induction motors?

  • What are the essential elements of the Induction Motors category in terms of SLA and RFx?

A strategic approach to induction motor sourcing will provide numerous opportunities for buyers. However, in the absence of useful information on induction motors, buyers have led to a transaction-based approach to the category. The report explains the key management objectives of the categories that should form the basis for the procurement strategy, including:

  • Frontline growth

  • Input scalability

  • Green initiatives

  • Category innovations

  • Rationalization of the supply base

  • Demand forecasting and governance

  • Minimization of ad hoc purchases

  • Adherence to regulatory nuances

  • Savings

  • Customer loyalty

  • Reduction of TCO

  • supply insurance

Request a free sample report to learn more

Free example of our best-selling procurement report:

This report provides in-depth input on streamlining induction motor category management practices.

Request a FREE sample for detailed answers on:

  • What should be my strategic procurement goals, activities and enablers for the Induction Motors category?

  • What trading levers can I use to save costs?

  • What are induction motor sourcing best practices I should promote in my supply chain

Table of contents

  • Synthesis

  • Market insights

  • Insights into the prices of the category

  • Cost saving opportunities

  • Best practices

  • Ecosystem category

  • Category management strategy

  • Category management enablers

  • Selection of suppliers

  • Covered suppliers

  • Insights into the US market

  • category scope

  • appendix

About SpendEdge:

SpendEdge is one of the leading procurement market intelligence firms in the world. For over 17 years, we served over 200 customers, including 55 Fortune 500 companies—Through various industries with our best sourcing and procurement solutions.

contacts

SpendEdge
Anirban Choudhury
Marketing Manager
Telephone number: +1 (872) 206-9340
https://www.spendedge.com/cont us

SpendEdge logo (PRNewsfoto / SpendEdge)

SpendEdge logo (PRNewsfoto / SpendEdge)

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