Coal-Anthracite Market Procurement Intelligence Report

A complete buyer's guide that provides comprehensive insights on Coal-Anthracite category spend, spend growth and regional segmentation; in-depth price trends; negotiation levers and analysis of Coal-Anthracite suppliers.

Scope of the report

Our category grouping process defines that the overall Non-Medical Chemicals Minerals and Gases market includes all spend on procurement, transportation, conservation and storage of industrial chemicals, minerals and gases. Spend on similar products for medical and pharmaceutical usage is excluded from this category. Dynamics of the global Coal-Anthracite market play out within this wider arena of Non-Medical Chemicals Minerals and Gases market. Therefore, our coverage of the Coal-Anthracite category also operates within this broader boundary of the overall Non-Medical Chemicals Minerals and Gases market.

KEY PROCUREMENT INSIGHTS COVERED

Strategic Sourcing Guide to Coal-Anthracite Procurement

Overview

Several macro changes in the dynamics of overall Non-Medical Chemicals Minerals and Gases as well as Coal-Anthracite procurement trends are poised to change the business practices and procurement thumb rules. Volatility in the prices of key inputs is creating multiple issues that impact procurement within Coal-Anthracite category such as benchmarking and budgeting of the procurement costs.

Procurement costs for Coal-Anthracite are highly impacted by an increase in the costs associated with the value chain of Coal-Anthracite, such as logistics, labor cost and energy. Additionally, outdated assets are also increasing the cost for suppliers.

Customers are expecting service and experience levels which are at par with what ecommerce and consumer sectors of today offer. Moreover, competition keeps intensifying and demand and supply dynamics keep shifting.

Category managers need to take note of the potential of these developments and reassess the changes required in their procurement practices.

Coal-Anthracite Procurement Best Practices

The report discusses in detail the best practices that have served well the category managers responsible for Coal-Anthracite procurement.

For example, Strong R&D focus is the sign of a supplier committed to enhancing the quality and cost proposition of its solutions. Buyers should collaborate with such suppliers for development of low-cost but highly efficiency products that can bring their OPEX down.

Buyers should assess the level of adoption of the latest technologies by suppliers to assess cost-saving opportunities and quality that can be provided by the latter. For instance, the adoption of technologies such as cloud computing will enable suppliers to reduce their internal computing hardware requirements for operations such as CAD and CAM. This can, in turn, enable them to reduce their operating costs, thereby suppliers can offer products at lower rates to buyers.

Buyers should engage with suppliers that have recycling capability. Recycling capability of the suppliers will lower their production costs which will be passed on to buyers. Additionally, the recycling capability will contribute in furthering the sustainability goals of the buyers' organization.


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Risks in Coal-Anthracite procurement

Coal-Anthracite procurement managers also need to proactively identify and mitigate potential risks that can arise in the supply chain or contracts for Coal-Anthracite procurement. Some examples include:


  • Political and regulatory changes pose significant risks to the category. For instance, imposition of tariffs on raw materials required to manufacture the finished goods increases costs. Similarly, restrictions on import of goods or raw materials from a particular country also contributes to significant risks. Additionally, insufficient IPR protection and product liability lawsuits lead turnout to be huge risk factors for the category
  • Suppliers may face a situation where they are unable to honor a contract in its entirety due to shortage of resources, finances or capabilities. While contractual terms safeguard buyers from the non-performance, their operations could still face massive disruptions due to suppliers' non-performance
  • Procurement without consulting the actual users of Coal-Anthracite may result in a mismatch in expectations of the buyer's internal stakeholders versus the actual contract executed

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Who should read this report

  • Procurement decisions can prove to be costly in the absence of careful deliberation and evaluation of every available option. In fact, more than 90% of the decision makers we work with acknowledge that timely availability of up-to-date category intelligence can help them make better purchasing decisions. More than 80% of them believe that in-house category intelligence needs to be updated periodically to achieve full benefits. If you have read so far, we are quite sure you agree!!

    You may have just initiated your research to design a winning Coal-Anthracite procurement strategy, or you may be a category expert looking for strategic insights and updated data.Either ways, the report has your requirements covered.

    The report is intended to serve as a one-stop reference guide for Coal-Anthracite procurement strategy and offers a perfect blend of category basics with deep-dive category data and insights. Therefore, it is ideal for category beginners looking for “Coal-Anthracite: Procurement Report 101” as well as for category experts actively tracking the global Coal-Anthracite procurement market.

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Key questions on Coal-Anthracite procurement answered by this report

    The Coal-Anthracite procurement report helps take more informed decisions by placing all the critical information and advice at the fingertips of a decision maker. It also specifically answers some of the key questions that we have been routinely asked during our industry outreach initiatives:

     

    • What is the spend potential in the Coal-Anthracite market?
    • What is the correct price to pay for Coal-Anthracite? What are the key trends and factors that influence current and future pricing?
    • Which selection criteria are the most important for Coal-Anthracite Suppliers Market?
    • Who are the top Coal-Anthracite suppliers? What are their cost structures?
    • What are supplier margins in Coal-Anthracite market?
    • Which negotiation levers can reduce Coal-Anthracite procurement cost ?
    • What are the best practices for Coal-Anthracite procurement and what are the potential risks?

SpendEdge Insights has helped procurement professionals and sourcing teams manage multiple spend areas and achieve more than $2 billion in savings. Activate your free account today!

Coal-Anthracite Category Insights: What is inside

  • A comprehensive drill down on category sourcing execution: Data, insights, advisory

    The Coal-Anthracite market report offers a complete picture of the supply market and analyzes the category from the perspective of both buyers and suppliers. Analysis of the category trends, procurement best practices, negotiation levers and overall category management strategy advisory are interspersed with in-depth data and commentary on spend outlook, pricing ecosystem and supplier landscape drilled down to a region-level coverage.

    Data

    A key highlight of this report is the in-depth outlook created on Coal-Anthracite procurement spend and pricing trends. The report further delves deep into the aspects of cost structure, total cost of ownership and supplier margins for Coal-Anthracite. A dedicated section to supplier profiles and evaluation helps decision makers cast a wider procurement net and identify gaps in existing relationships.

    Insights

    Along with specific category and supplier intelligence, the publication also includes curated insights on Coal-Anthracite market trends, price influencers and inherent risks. These insights help the decision makers prepare for market shaping trends in advance and create alternative strategies for changes in the market conditions.

    Advisory

    Additionally, the report also advises on the best practices and strategies to manage the Coal-Anthracite category efficiently. Negotiation levers and opportunities are explained in detail along with quantification of their potential. Benchmark KPIs for supplier and buyer performance management are also aggregated to better organize the category objectives. Other themes of advisory include ideal procurement organization structure, enablers to achieve KPIs or category objectives and ideal SLAs to have with suppliers.

  • Unrivalled breadth of category analysis: at your fingertips

    Category Ecosystem

    • Buyer and supplier ecosystem
    • Competitiveness index
    • Buyer and supplier power
    • Threat of new entrants and substitutes

    Global and Regional Sourcing Insights

    • Category spend
    • Spend growth
    • Dynamics
    • Opportunities

    Pricing and Cost Analysis

      • Pricing outlook and data
      • Drivers of pricing
      • Cost structure and inputs cost
      • Total cost of ownership
      • Pricing models and margins

    Cost Saving Opportunities & Negotiation Strategies

    • Buyer and supplier side levers
    • Quantified cost saving opportunities
    • Negotiation strategies and quantified outcome

    Procurement Best Practices, Strategy and Enablers

    • Procurement excellence
    • Sustainability and innovation
    • KPIs and category enablers
    • Risk management and outsourcing

    Vendor Analysis

    • RFx essentials and selection criteria
    • SLAs
    • Supplier evaluation metrics
    • Detailed supplier profiles
  • A lucid, easy to read format: Enabling fast decisions

    Our research is complex, but our reports are easy to digest. Quantitative analysis and exhaustive commentary is placed in an easy to read format that gives you an in-depth knowledge on the category without spending hours to figure out “what does it mean for my company?”

Category Research Framework

SpendEdge presents a detailed picture of Coal-Anthracite procurement solutions by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key category influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

Information Sources

Primary research
Secondary research
Procurement heads
Industry journals and reports
Category managers
Periodicals and new articles
Sourcing consortium professionals
Category webinars
Industry experts and thought leaders
Internal categiry playbooks
Procurement managers
Industry/government websites on regulations, compliance
Category heads of suppliers
Internal databases
Client account heads/managers
Industry blogs/thought leader briefings
Client and industry consultants

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