ENABLING SMART PROCUREMENT

  • Published in: Aug 2017
  • Pages: 84
  • SKU: IRCMSTR14622

Global Base Oil Category - Procurement Market Intelligence Report

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SpendEdge’s Base Oil Procurement Market Intelligence Report is an all-inclusive guide enabling sourcing and procurement leaders to make smart purchasing decisions. This report provides a strategic analysis of the supply markets, factors influencing purchasing decisions, procurement best practices, pricing models, supplier landscape and an analysis of the supplier capability matrix.

Key Features of Report

 

Supply Market Insights
Procurement Best Practices
Cost Saving Opportunities
Pricing Models
Negotiation Strategies
Category Risk Analysis
Key Supplier Analysis
Supplier Capability Matrix

 

Base Oil - Category Spend Analysis

According to SpendEdge analysts, one of the key growth contributors for the global base oil market is the growing demand synthetic lubricants. Synthetic lubricants are manufactured using base oils that are produced using a synthetic process. These synthetic base oils can be in the form of Group III, IV, or V base oils. They provide better functionality due to their high viscosity index and oxidation stability compared with other base oils manufactured by using crude oil or hydroprocessing of mineral oils. These lubricants produced help to enhance the performance of machinery by providing high thermal stability and low friction when compared to lubricants made from mineral oils.

Base Oil - Procurement Best Practices

Buyers must procure base oil from suppliers that can assist in demand-supply and pricing forecasts over contract periods. A key strategy adopted by procurement managers in this market space is to engage with suppliers that possess expertise in the use of analytical tools for demand and price forecasting and have the capability to help the buyers achieve cost-effectiveness through better management of inventory levels.

Base Oil - Procurement Challenges

A major procurement pain point experienced by the buyers is the difficulty in availing inventory management solutions at cost-effective prices. SpendEdge’s procurement specialists predict that the buyers must engage with suppliers that provide inventory management solutions to help the client lead to cost-effectiveness and higher profit margins.

 

SpendEdge also offers customization of this report to meet your exact requirements. Please contact us at enquiry@spendedge.com

 

Are you an Enterprise User? Try our annual subscription services offering unlimited access to SpendEdge reports. Click here to register for trial/demo.

Read less

Key Features of Report

 

Supply Market Insights
Procurement Best Practices
Cost Saving Opportunities
Pricing Models
Negotiation Strategies
Category Risk Analysis
Key Supplier Analysis
Supplier Capability Matrix

 

Base Oil - Category Spend Analysis

According to SpendEdge analysts, one of the key growth contributors for the global base oil market is the growing demand synthetic lubricants. Synthetic lubricants are manufactured using base oils that are produced using a synthetic process. These synthetic base oils can be in the form of Group III, IV, or V base oils. They provide better functionality due to their high viscosity index and oxidation stability compared with other base oils manufactured by using crude oil or hydroprocessing of mineral oils. These lubricants produced help to enhance the performance of machinery by providing high thermal stability and low friction when compared to lubricants made from mineral oils.

Base Oil - Procurement Best Practices

Buyers must procure base oil from suppliers that can assist in demand-supply and pricing forecasts over contract periods. A key strategy adopted by procurement managers in this market space is to engage with suppliers that possess expertise in the use of analytical tools for demand and price forecasting and have the capability to help the buyers achieve cost-effectiveness through better management of inventory levels.

Base Oil - Procurement Challenges

A major procurement pain point experienced by the buyers is the difficulty in availing inventory management solutions at cost-effective prices. SpendEdge’s procurement specialists predict that the buyers must engage with suppliers that provide inventory management solutions to help the client lead to cost-effectiveness and higher profit margins.

 

SpendEdge also offers customization of this report to meet your exact requirements. Please contact us at enquiry@spendedge.com

 

Are you an Enterprise User? Try our annual subscription services offering unlimited access to SpendEdge reports. Click here to register for trial/demo.

Table of Contents

PART 1: SUMMARY

  • Research Objectives and Methodology         
  • Category Definition

PART 2: CATEGORY AT A GLANCE            

  • Market Overview    
  • Preferred Procurement Models and Major Service Providers
  • Cost-saving Opportunities   
  • Major Category Requirements          
  • Major Procurement Pain Points        

PART 3: MARKET INSIGHTS        

  • Category Spend Analysis      
  • Key Market Developments 
  • Key Category Growth Drivers             
  • Major Category Growth Constraints
  • Procurement Best Practices
  • History of Innovation            
  • Key Current Technological Innovations          
  • Major Regulatory Frameworks          
  • Strategic Sustainability Practices       
  • SWOT Analysis         
  • PESTLE Analysis        

PART 4: SUPPLY MARKET INSIGHTS        

  • Supplier Operational Capability Matrix           
  • Supplier Functional Capability Matrix             
  • Key Clients 
  • Supplier Cost Breakup           
  • Supplier Positioning Matrix 
  • Supplier Selection Criteria   

PART 5: PRICING INSIGHTS         

  • Pricing Models Snapshot     
  • Pricing Models – Pros and Cons        
  • Indicative Pricing     
  • Category Negotiation Strategies       

PART 6: CATEGORY ESSENTIALS

  • SLA Terms  
  • Supplier Evaluation Criteria 
  • Category Risk Analysis           
  • Category Sourcing Evolution Matrix

PART 7: TOP FIVE SUPPLIERS     

  • Exxon mobil
  • Royal Dutch Shell
  • Total    
  • Chevron    
  • China Petrochemical (Sinopec)

PART 8: APPENDIX         

  • Glossary
  • About Us     
Read less

Table of Contents

PART 1: SUMMARY

  • Research Objectives and Methodology         
  • Category Definition

PART 2: CATEGORY AT A GLANCE            

  • Market Overview    
  • Preferred Procurement Models and Major Service Providers
  • Cost-saving Opportunities   
  • Major Category Requirements          
  • Major Procurement Pain Points        

PART 3: MARKET INSIGHTS        

  • Category Spend Analysis      
  • Key Market Developments 
  • Key Category Growth Drivers             
  • Major Category Growth Constraints
  • Procurement Best Practices
  • History of Innovation            
  • Key Current Technological Innovations          
  • Major Regulatory Frameworks          
  • Strategic Sustainability Practices       
  • SWOT Analysis         
  • PESTLE Analysis        

PART 4: SUPPLY MARKET INSIGHTS        

  • Supplier Operational Capability Matrix           
  • Supplier Functional Capability Matrix             
  • Key Clients 
  • Supplier Cost Breakup           
  • Supplier Positioning Matrix 
  • Supplier Selection Criteria   

PART 5: PRICING INSIGHTS         

  • Pricing Models Snapshot     
  • Pricing Models – Pros and Cons        
  • Indicative Pricing     
  • Category Negotiation Strategies       

PART 6: CATEGORY ESSENTIALS

  • SLA Terms  
  • Supplier Evaluation Criteria 
  • Category Risk Analysis           
  • Category Sourcing Evolution Matrix

PART 7: TOP FIVE SUPPLIERS     

  • Exxon mobil
  • Royal Dutch Shell
  • Total    
  • Chevron    
  • China Petrochemical (Sinopec)

PART 8: APPENDIX         

  • Glossary
  • About Us     

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