Global Transformers Procurement Market Intelligence Report 2018 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The "Global
Transformers Category – Procurement Market Intelligence Report"
report has been added to ResearchAndMarkets.com's
offering.

Procurement research report on the supply chain insurance market
provides procurement professionals with up-to-date information about
market shifts and potential risks, as well as in-depth knowledge of
products and services. This report provides a detailed analysis of the
supply market, procurement challenges, and procurement best practices
which can help in planning and executing category management activities.
It also focuses on the cost-saving aspects of procurement and on
providing insights that can lead to optimization of category spend.

According to procurement analysts, governments in countries such as
India and China are increasing their investments in electricity
distribution projects to provide electrification to rural areas in their
respective countries. Rapid growth of these economies has helped the
governments of these countries to generate funds for these projects. For
instance, the Government of India has allocated US$750 million for rural
electrification between 2017 to 2018. This is leading to higher sales of
transformers in these countries, as they are a key component of
electricity distribution systems.

Step-down transformers are installed at several locations in an
electricity distribution route to reduce the voltage from the initial
voltage range to a voltage range suitable for home appliances. Moreover,
the demand for UHVDC has also increased, wherein they are being
installed to transmit electricity from power generation facilities to
the nearest electricity grids. These increasing investments in
electricity distribution projects in emerging economies are leading to
the increase in demand for transformers, which is driving the global
transformers market.

Category driver

One of the procurement best practices for buyers is to shift from
strategic sourcing to category management. Top electric utility
companies are moving from strategic sourcing to category management, as
it promises higher cost savings. Category management helps in selecting
appropriate sourcing model. It also helps companies to develop a
KPI-based cost savings process across the organization.

Some plans that can be implemented across the organization
include the following:

• Creating cross-functional teams for improving sourcing process and
  consolidating requirements
• Aggregating demand for the product across the organization
• Including price and demand forecasting as a part of the procurement
• Sourcing data necessary for procurement from all relevant departments

Solutions can be categorized into:

• Power transformers: These transformers are big and used for high power
  transformation (greater than 33KV)
• Distribution transformer: Its used for the distribution of electricity
  at low voltage, less than 33KV in industrial and 440v-220v in domestic
  purpose. These generators are low efficiency at 50-70%, small size and
  easy in installation
• Measurement transformer: These transformers are used to measure
  electrical qualities like voltage, current as potential transformers
  and current transformers
• Protection transformers: These transformers are used in protection of
  predominantly electrical-based component/devices by high accuracy

Key Topics Covered:

Part 1: Category At A Glance

Part 2: Scope Of The Report

Part 3: Market Insights

Part 4: Supply Market Insights

Part 5: Pricing Insights

Part 6: Procurement Insights

Part 7: Top Five Suppliers

• Siemens
• GE
• ABB
• Hyundai Heavy Industries
• TBEA

For more information about this report visit https://www.researchandmarkets.com/research/sg32vd/global?w=4

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Related
Topics: Electricity