Crude Oil Procurement Markets Will Have an Incremental Growth of USD 685.44 Billion With Blended, Interchange-plus, and Subscription-based Pricing as Key Pricing Models | SpendEdge
NEW YORK, Sept. 30, 2022 /PRNewswire/ -- SpendEdge has the fastest growth rate in the number of reports and client base, with over 200 Forbes 2000 companies relying on our actionable insights.
SpendEdge's latest market research report estimates that Crude Oil will grow at a CAGR of 3.20% by 2026. Prices will increase by 2%-4% during the forecast period and suppliers will have moderate bargaining power in this market.
The report offers a detailed study by the way of synthesis, and summation of data from multiple sources.
Which KPIs should I use to evaluate my incumbent suppliers?
Which supplier selection criteria are relevant for Crude Oil?
What are the Crude Oil category essentials in terms of SLAs and RFx?
A targeted strategic approach to Crude Oil sourcing will provide several opportunities to buyers. However, in the absence of actionable intelligence on Crude Oil, buyers have resulted in a transaction-based approach to the category. The report explains key category management objectives that should form the base for sourcing strategy, including:
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This report provides in-depth input on streamlining your Crude Oil category management practices.
What should be my strategic sourcing objectives, activities, and enablers for the Crude Oil category?
Which negotiation levers can I pull for cost-saving?
What are the Crude Oil 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.
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