Natural Gas Procurement Intelligence Report – Insights into Natural Gas Procurement Risks, Category Best Practices, and Key Questions Asked by Procurement Professionals | SpendEdge
LONDON–(BUSINESS WIRE)–#MarketIntelligence–SpendEdge has announced the availability of its latest report on Natural Gas Procurement for pre-order. The report on natural gas procurement is part of a larger series of reports on the global energy market, which 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.
According to our experts, suppliers are putting greater emphasis on the evaluation of their traditional business models and finding opportunities that can create value for themselves as well as their clients. A growing world population and economic development, especially in Asian countries have shifted the demand-supply equation and have created a more complex supply chain for the natural gas category.
SpendEdge’s reports now include a complimentary Covid-19 impact assessment on all reports from the energy category. Our reports are intended to serve as a one-stop reference guide for companies looking for effective natural gas procurement strategies and offer a perfect blend of category basics with deep-dive category data and insights – request a free sample today!
Natural Gas Procurement Risks
- 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 for buyers.
- 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 a reduction in the prices of their products to gain market share. This is resulting in a reduction in their profit margins.
- Not what you are looking for? SpendEdge now offers custom studies and reports that are suited to the needs of every type and size of organizations across the globe. Request a free demo of our procurement platform and access the complete library of reports for free!
Natural Gas Procurement Best Practices
- Buyers should engage with suppliers who are involved in vertical integration to reduce supply chain-related bottlenecks.
- Buyers of fuels must adopt a regional sourcing model to obtain the benefits of reduced logistics costs, reduced inventory costs, and lower turnaround times.
- Try our procurement platform for free to access 9 full reports, custom studies, and over 700 reports for no cost. SpendEdge now offers paid subscriptions starting as low as $250/month.
Key Questions Answered in this Natural gas Procurement Report
- What is the spend potential in the natural gas market?
- What is the correct price to pay for natural gas? What are the key trends and factors that influence current and future pricing?
- Which selection criteria are the most important for natural gas suppliers market?
- Who are the top natural gas suppliers? What are their cost structures?
- What are supplier margins in natural gas market?
- Which negotiation levers can reduce natural gas procurement cost?
- What are the best practices for natural gas procurement and what are the potential risks?
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