Gaseous Fuels Market Procurement Intelligence Report

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

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Our category grouping process defines that the overall Energy market includes all spend related to the provision of energy including electricity, gas and alternative energy. This includes management related services such as meter reading and any levies, but does not include the provision of infrastructure installations for energy. Dynamics of the global Gaseous Fuels market play out within this wider arena of Energy market. Therefore, our coverage of the Gaseous Fuels category also operates within this broader boundary of the overall Energy market.

Key questions on L4 procurement answered by this report

Strategic Sourcing Guide to Gaseous Fuels Procurement

Overview

Business practices within Gaseous Fuels market are heavily influenced by changing trends across the category as well as within the broader Energy market. New developments in global geo-politics and China's shifting policies are altering supply and investment avenues within Gaseous Fuels category.

Gaseous Fuels suppliers are continuously innovating to improve dwindling profitability. A key trend is to provide higher margin value-added services, sometimes as part of a package to improve margins and enhance ticket sizes.

Suppliers have put greater emphasis on evaluation of their traditional business models and find opportunities that can create value for themselves as well as their clients.

As a result, category managers need to closely monitor the Gaseous Fuels procurement trends and identify changes required in their procurement environment for the category.

Gaseous Fuels Procurement Best Practices

Sometimes, procurement functions are unable to timely alter their practices while responding to market conditions. Industry experts acknowledge that periodically reviewing procurement best practices and adopting learnings from across procurement categories can help procurement teams respond to market needs in a more agile way. This report combines our experience of other categories with Gaseous Fuels procurement insights and hand picks best practices that can work for category managers delving in this market.

For example, Buyers need to employ robust should-cost models and total cost of ownership models to aid Gaseous Fuels supplier selection and pricing negotiations.

Cost saving opportunities may reduce exponentially in relation to the time left for current contract to expire. Therefore sufficient interval should exist between initation of new procurement and expiration of existing contract for Gaseous Fuels.

Buyers need to conduct periodic quality audits at the suppliers' facilities to assure adherence to the contract terms and compliance with regulations.


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Risks in Gaseous Fuels procurement

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


  • Low product differentiation is making it difficult for suppliers to acquire new clients. Hence, there is intense competition among top players based on pricing. They are also adopting strategic initiatives such as reduction in prices of their products to gain market share. This is resulting in a reduction in their profit margins
  • When requirements of the buyers are not absolutely clear or usage patterns are not stable or predictable, suppliers often build in \"cost buffers\" for unforeseen risks due to a lack of complete understanding on buyer's requirements. This increases the risk of overspending on Gaseous Fuels
  • Pricing terms in the contract could prove to be inadequate to safeguard the buyer from impact of a sudden increase in supplier's cost, often arising from a lack of clarity on scope of products or services to be delivered

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Who should read this report

  • The report is intended to serve as a one-stop reference guide for Gaseous Fuels 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 “Gaseous Fuels: Procurement Report 101” as well as for category experts actively tracking the global Gaseous Fuels procurement market.

     

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

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Key questions on Gaseous Fuels procurement answered by 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!!

     

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

Gaseous Fuels Category Insights: What is inside

The Gaseous Fuels 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 Gaseous Fuels procurement spend and pricing trends. The report further delves deep into the aspects of cost structure, total cost of ownership and supplier margins for Gaseous Fuels. 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 Gaseous Fuels 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 Gaseous Fuels 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.

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

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 Gaseous Fuels 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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