Sodium Fluorosilicate - Procurement Market Intelligence Report

Sodium Fluorosilicate - Procurement Market Intelligence Report

  • Published: Jul 2020
  • Pages: 120
  • SKU: IRCMSTR21619

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The report identifies abcr GmbH, Awishkar Chemical Industries, and Derivados del Fluor among the top most important suppliers for sodium fluorosilicate procurement. Suppliers have a moderate bargaining power in a market which is set to grow at 9.31%. Therefore the price of sodium fluorosilicate will increase by 3%-6% during the forecast period. 

Several strategic and tactical negotiation levers are explained in the report to help buyers achieve the best prices for sodium fluorosilicate. The report also aids buyers with relevant sodium fluorosilicate pricing levels, pros and cons of prevalent pricing models such as spot pricing and volume-based pricing and category management strategies and best practices to fulfill their category objectives.

Sodium Fluorosilicate Procurement: Strategies and Category Management

A targeted strategic approach to sodium fluorosilicate sourcing can unlock several opportunities for buyers. Still, we see that buyers have a pre-dominantly transaction-based approach towards the category and miss out on cost-saving opportunities in the absence of actionable intelligence on sodium fluorosilicate procurement market.

Strategic Sourcing and Enablers

During our interactions with category managers, it is often cited that buyers have a moderate bargaining power in the sodium fluorosilicate market. Our sourcing experts believe that a holistic category management approach can help buyers further maximize the value on their sodium fluorosilicate procurement. The report explains key category management objectives that should form the base for sodium fluorosilicate sourcing strategy, including:

  • Supply assurance
  • Category innovations
  • Green initiatives
  • Cost savings
  • Adherence to regulatory nuances
  • Top-line growth
  • Supply base rationalization
  • Scalability of inputs
  • Demand forecasting and governance
  • Reduction of TCO
  • Minimalization of ad hoc purchases

In addition to identifying the strategic goals and initiatives for the category management, it is also important to create the necessary support structure to facilitate their implementation. The report identifies multiple enablers that can help maximize the efficiency of sodium fluorosilicate category management.

This report provides in-depth inputs on streamlining your sodium fluorosilicate category management practices. Request for a FREE sample for detailed answers on:

  • What should be my strategic sourcing objectives, activities, and enablers for sodium fluorosilicate category?
  • Which negotiation levers can I pull for cost-saving?
  • What are sodium fluorosilicate procurement best practices I should be promoting in my supply chain

Sodium Fluorosilicate Procurement: Top Suppliers

Leading global suppliers can assist buyers in realizing high-cost savings through their efforts on areas such as vertical integration, reducing total ownership cost, negotiate on pricing and contractual terms, ad-hoc spend management, quality management, supplier synergies, managing commodity price volatility, operations automation, and managing inventory shrinkage. By collaborating with global suppliers, buyers can easily implement cost-saving and assure themselves of high-quality procurement of sodium fluorosilicate during diverse situations.

This report offers key advisory and intelligence to help buyers identify and shortlist the most suitable suppliers for their sodium fluorosilicate requirements. Some of the leading sodium fluorosilicate suppliers profiled extensively in this report include:

  • abcr GmbH
  • Awishkar Chemical Industries
  • Derivados del Fluor
  • Do-Fluoride Chemicals Co. Ltd.
  • Fengyuan Group
  • KC Industries LLC
  • Merck KGaA
  • Prayon SA
  • S B Chemicals
  • Yunnan Fluorine Environmental Protection Technology Co. Ltd.
  • Yunnan Yuntianhua Co. Ltd.

Ability to cater to surges in demand, the extent of automation at suppliers facilities, certifications, and wide geographic reach are some of the most critical parameters that buyers use to shortlist the suppliers in sodium fluorosilicate. Shortlisted suppliers must be carefully evaluated and scrutinized against 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 and several other selection criteria described in detail by this report.

Request for a FREE sample for a complete understanding of sodium fluorosilicate supplier landscape:

  • Am I engaging with the right suppliers?
  • Which KPIs should I use to evaluate my incumbent suppliers?
  • Which supplier selection criteria are relevant for sodium fluorosilicate?
  • What are the sodium fluorosilicate category essentials in terms of SLAs and RFx?

Sodium Fluorosilicate Procurement: Pricing Insights

Suppliers in this market have moderate bargaining power owing to low pressure from substitutes and a moderate level of threat from new entrants. Therefore, it is extremely important to get the pricing and pricing model right. Buyers can benchmark their preferred pricing models for sodium fluorosilicate with the wider industry and identify the cost-saving potential. 

For example, spot pricing and volume-based pricing are the most widely adopted pricing models in the sodium fluorosilicate. Each pricing model offers optimum benefits and fitment in specific situations. Buyers are advised to identify the model that suits their operations in the best manner and link supplier performance to the pricing models.

Price Strategies and Benchmark

Additionally, it is crucial to keep track of current and future sodium fluorosilicate price trends to completely optimize the value of the purchase, both from current cash outflow as well as overall cost and benefit perspective. The sodium fluorosilicate report expects a change of 3%-6% during the forecast period. Price forecasts are beneficial in purchase planning, especially when supplemented by constant monitoring of price influencing factors described in the report.

Pricing insights presented in this report cover pricing benchmarks and the trends and strategies that can help optimize cost savings. Request for a FREE sample to access the definite purchasing guide on the sodium fluorosilicate that answers all your key questions on price trends and analysis:

  • Am I paying/getting the right prices? Is my sodium fluorosilicate TCO (total cost of ownership) favorable?
  • How is the price forecast expected to change? What is driving the current and future price changes?
  • Which pricing models offer the most rewarding opportunities?

Sodium Fluorosilicate Procurement: Spend Growth Analysis

The report provides a complete drill-down on global sodium fluorosilicate 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.

Spend Growth and Demand Segmentation

The sodium fluorosilicate market will register an incremental spend of about $ 88 million, growing at a CAGR of 9.31% during the five-year forecast period. Only a handful of 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. Request for a FREE sample to access our in-depth growth decomposition analysis:

  • Is this growth cyclical?
  • When will the growth curve peak?
  • What is driving the growth (or lack of it) in individual geographies?
  • Which geographies hold the most rewarding opportunities for buyers and suppliers?
Read More Read Less

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

Research Framework

SpendEdge presents a detailed picture of the market 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 sources

  • Procurement heads
  • Category managers
  • Sourcing consortium professionals
  • Industry experts and thought leaders
  • Procurement managers
  • Category heads of suppliers
  • Client account heads/managers
  • Client and industry consultants

Secondary sources

  • Industry journals and reports
  • Periodicals and new articles
  • Category webinars
  • Internal categiry playbooks
  • Industry and government websites on regulations and compliance
  • Internal databases
  • Industry blogs/thought leader briefings

DATA ANALYSIS

Sodium Fluorosilicate - Procurement Market Intelligence Report
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The sodium fluorosilicate procurement market will grow at a CAGR of about 9.31% during 2020-2024.
During 2020-2024, the sodium fluorosilicate procurement market will register an incremental spend of about $ 88 million.
abcr GmbH, Awishkar Chemical Industries, Derivados del Fluor, Do-Fluoride Chemicals Co. Ltd., Fengyuan Group, KC Industries LLC, Merck KGaA, Prayon SA, S B Chemicals, Yunnan Fluorine Environmental Protection Technology Co. Ltd., and Yunnan Yuntianhua Co. Ltd. are some of the prominent suppliers in sodium fluorosilicate market.
Spot pricing and volume-based pricing are the widely adopted pricing models in sodium fluorosilicate procurement.
During the forecast period, the price for sodium fluorosilicate procurement will increase by 3%-6%.