ENABLING SMART PROCUREMENT

  • Published in: Aug 2017
  • Pages: 87
  • SKU: IRCMSTR14612

Global Benzene Category - Procurement Market Intelligence Report

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SpendEdge’s Benzene 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

 

Benzene - Category Spend Analysis

According to SpendEdge analysts, one of the key growth contributors for the global benzene market is the increase in the demand from the polyester industry, where styrene monomer (a derivative of benzene) is used for manufacturing textiles.

 

Benzene - Procurement Best Practices

Buyers must engage with suppliers that offer training support to meet the goal of zero discharge of hazardous chemicals. Suppliers should ensure that adequate training support is provided to personnel for the following aspects:

 

  • Placement of SDS in local languages in chemical handling and storage areas
  • Training on emergency response plans
  • Use of protective gear and equipment while handling chemicals

 

Benzene - Procurement Challenges

A major procurement pain point experienced by the buyers are the challenges in understanding cost-saving opportunities in suppliers' supply chain. SpendEdge’s procurement specialists predict that the buyers must engage in strategic partnerships with preferred suppliers to counter this specific procurement pain point.

 

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

 

Benzene - Category Spend Analysis

According to SpendEdge analysts, one of the key growth contributors for the global benzene market is the increase in the demand from the polyester industry, where styrene monomer (a derivative of benzene) is used for manufacturing textiles.

 

Benzene - Procurement Best Practices

Buyers must engage with suppliers that offer training support to meet the goal of zero discharge of hazardous chemicals. Suppliers should ensure that adequate training support is provided to personnel for the following aspects:

 

  • Placement of SDS in local languages in chemical handling and storage areas
  • Training on emergency response plans
  • Use of protective gear and equipment while handling chemicals

 

Benzene - Procurement Challenges

A major procurement pain point experienced by the buyers are the challenges in understanding cost-saving opportunities in suppliers' supply chain. SpendEdge’s procurement specialists predict that the buyers must engage in strategic partnerships with preferred suppliers to counter this specific procurement pain point.

 

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

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