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The sifter will grow at a CAGR of 3.95% during 2021-2025. Prices will increase by 5%-8% during the forecast period and suppliers will have a Moderate bargaining power in this market. Buhler AG, Henan Pingyuan Mining Machinery Co. Ltd. (PK Machinery), Russell Finex Ltd, Navector Technologies Co. Ltd., GEA Group Aktiengesellschaft, Galaxy Sivtek Pvt. Ltd., Kemutec Group Inc., Farleygreene Ltd., Mill Powder Tech Solutions, and Sifter International are among the prominent suppliers in sifter market.
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Leading global suppliers can assist buyers in realizing high-cost savings through their efforts in areas such as level of automation, quality management, supplier synergies, reducing total ownership cost, reduction in ad-hoc spend, manage ad hoc spend, ad-hoc spend management, adoption of automation, and negotiate on pricing and contractual terms. Collaborations with global suppliers will also help buyers in cost-saving and ensuring high-quality procurement in the dynamic market.
This report offers key advisory and intelligence to help buyers identify and shortlist the most suitable suppliers for their sifter requirements. Some of the leading sifter suppliers profiled extensively in this report include:
Profile and service capabilities of the service provider, industry specialization of the service providers, reputation of service providers, and assessment of value-added services are some of the most critical parameters that buyers use to shortlist the suppliers in sifter.
This report evaluates suppliers based on quality control initiatives, production capabilities, facilities, and location, maintenance process and post-sales support, and pricing transparency. In addition, suppliers are also shortlisted based on business needs, technical specifications, operational requirements, security compliance, regulatory mandates, legal requirements, quality control, change management procedures, pricing models, penalty clauses, sla nuances, acceptance criteria, and evaluation criteria.
The pressure from substitutes and a moderate level of threat from new entrants has resulted in the Moderate bargaining power of suppliers. This makes it extremely important to get the pricing and pricing model right. Buyers should align their preferred pricing models for sifter with the wider industry and identify the cost-saving potential.
cost-plus pricing model, volume-based pricing model, and contract-based pricing model are the most widely adopted pricing models in the sifter. Each pricing model offers optimum benefits and fitment in specific situations. Buyers should identify the model that suits their operations in the best manner and link supplier performance to the pricing models.
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To optimize the value of the purchase it is crucial to keep a track of current and future price trends. Price forecasts are beneficial in purchase planning, especially when supplemented by the constant monitoring of price influencing factors. During the forecast period, the market expects a change of 5%-8%.
The report provides a complete drill-down on global sifter spend outlook at a global as well as regional level. Current spend scenario, growth outlook, incremental spend, and other key information is available individually for North America, South America, Europe, Middle East and Africa, and APAC.
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The sifter market will register an incremental spend of about 87.64 $ million during the forecast period. Only a few regions will drive the majority of this growth. On the supply side, North America, South America, Europe, Middle East and Africa, and APAC will have the maximum influence owing to the supplier base.
The drivers and inhibitors that influence these global and regional outlooks are also elaborated in detail. Our in-depth growth decomposition analysis covers details on:
A targeted strategic approach to sifter sourcing will provide several opportunities to buyers. However, in the absence of actionable intelligence on sifter, buyers have resulted in a transaction-based approach towards the category. The buyers have moderate bargaining power in this market and a holistic category management approach will help buyers maximize the value on their sifter procurement.
The report explains key category management objectives that should form the base for sourcing strategy, including:
In addition to helping buyers in identifying the strategic goals and initiatives for category management, the report will also help create the necessary support structure to facilitate implementation. This report provides in-depth inputs on streamlining category management practices and provides detailed answers on:
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