Liquid Oxygen Market Procurement Intelligence Report

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

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Scope of the report

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 Liquid Oxygen market play out within this wider arena of Energy market. Therefore, our coverage of the Liquid Oxygen category also operates within this broader boundary of the overall Energy market.

KEY PROCUREMENT INSIGHTS COVERED

Strategic Sourcing Guide to Liquid Oxygen Procurement

Overview

The market for Energy and its sub-segments such as Liquid Oxygen are at an interesting intersection. The operating environment keep getting complicated with enhanced regulatory scrutiny and compliance requirements for buyers of Liquid Oxygen category.

A growing world population and economic development, especially in Asian countries has shifted the demand supply equation and has created a more complex supply chain for Liquid Oxygen category.

Price volatility is creating multiple challenges that impact the Liquid Oxygen category such as benchmarking and budgeting the procurement costs.

Trends like these and many others discussed in this report are necessitating a relook at the way Liquid Oxygen is procured and the procurement cost saving opportunities that exist.

Liquid Oxygen Procurement Best Practices

It has become imperative for category managers to remain as agile as possible in terms of their procurement practices. However, it is not always easy to quickly spot and implement alternative practices in a category like Liquid Oxygen. To help quick decision making, this report advises on several procurement best practices that have worked well for category managers.

For example, Competitive bidding as a cost optimization tool is extremely potent but should be carefully deployed only when there is no significant differentiation among Liquid Oxygen suppliers.

Buyers of fuels must adopt regional sourcing model to obtain the benefits of reduced logistics costs, reduced inventory costs and lower turnaround times.

Buyers should engage with suppliers that are involved in vertical integration to reduce supply chain related bottlenecks.


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Risks in Liquid Oxygen procurement

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


  • 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 Liquid Oxygen
  • Contract-related risks where unfavorable credit terms may severly penalize buyers for delayed payments or entitle the supplier to demand pre-payments or shorten the payment terms are not very common in the category but they do exist in certain situations where buyers' liquidity or financial health is in question
  • Suppliers depend on various third parties, including raw material suppliers, distributors and storage providers. Any failure on their part can lead to inconsistency in the supply of essential inputs

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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 Liquid Oxygen 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 Liquid Oxygen 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 “Liquid Oxygen: Procurement Report 101” as well as for category experts actively tracking the global Liquid Oxygen procurement market.

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Key questions on Liquid Oxygen procurement answered by this report


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

Liquid Oxygen Category Insights: What is inside

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